Economy Watch

News & Analysis

 
21 May 2013
India and China have signed three memorandums of understanding regarding buffalo meat, fisheries and pharmaceuticals, as well as one agreement on feed and feed ingredients...
U.S. diesel prices through May 20, 2013. Source: U.S. Energy Information Administration
 
21 May 2013
U.S. diesel prices saw slight increases in the week ending May 20, the second week of rising prices after a 10-week slump, according to the U.S. Energy Information Administration.
 
16 May 2013
The Japanese economy grew 0.9 percent in the January-March quarter from the preceding quarter, or at an annualized pace of 3.5 percent, in real terms, the Cabinet Office said in a preliminary report on May 16.
U.S. Industrial Production Index. Source: Board of Governors of the Federal Reserve System
 
16 May 2013
The U.S. Industrial Production Index was down 0.5 percent month-to-month in April 2013, the largest decline since August 2012, according to the latest retail report from the Board of Governors of the Federal Reserve System.
 
16 May 2013
U.S. manufacturing and agricultural exports to Colombia are on the rise, as the trade agreement between the two nations reaches its one-year mark, according to Acting U.S. Trade Representative Demetrios Marantis.
 
16 May 2013
The European Union’s trade surplus expanded to €15.8 billion (appoximately US$20.4 billion) in March....
Lemont rice. Photo by David Nance. USDA/ARS photo.
 
16 May 2013
Despite its efforts to boost grain yields for the 10th consecutive year, China — the world's largest rice consumer — is expected to become also the largest rice importer in 2013/14, according to a newly released report by the U.S. Department of Agriculture.
 
15 May 2013
In March, Germany exported €94.6 billion (about US$121.8 billion) worth of goods and imported $97.6 billion worth of goods.
 
15 May 2013
Global manufacturers have 
 
14 May 2013
Import volume at the U.S.’s major retail container ports is expected to rise 3.3 percent in May compared with the same month last year, but growth could slow to a standstill by the end of the summer...

Commentary

 
President Obama is painting a dire picture if the House Republicans don't agree to raise taxes, yet again, to avert sequestration.

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