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.
Economy Watch
The global economy is the single biggest factor in driving international trade. More than at any time in history, the U.S. economic outlook and growth is linked directly to China’s economic performance and, especially in the current environment, the economy in Europe. Among the key economic indicators critical in determining the course of international trade are retail sales, housing reports, employment reports, consumer sentiment and manufacturing.
Press Releases
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....
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.
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...
14 May 2013
FTR Associates’ Shippers Conditions Index for March improved from February’s negative 9.5 reading to a current reading of negative 7.3, indicating a slightly better but still negative environment for shippers.
14 May 2013
U.S. diesel prices rose in the week ending May 13, ending a 10-week decline, according to the U.S. Energy Information Administration.
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Commentary
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