Thursday, February 8, 2007

World Economy - recent data

Productivity - accelerated by 3%, while labour costs have only risen 1.7% .

Non Farm Payroll - employment figures released Fri 02/02 grew at a lower than expected 111,000

FOMC- US Federal Reserve decided to keep interest rates on hold last week at 5.25%

ISM nonmanufacturing index - rose to 59% from 56.7% in December. It's the 46th consecutive month of growth in the services and it's the highest reading since May.

No comments: