Philip Chua Business Blog

Posts Tagged ‘December’

SINGAPORE'S exports boom showed no signs of slowing last month, with shipments jumping by the largest amount in more than four years. Non-oil domestic exports surged 29.4 per cent compared with the same month a year ago, the biggest year-on-year increase since December 2005, said trade agency IE Singapore yesterday. This follows March's 25.4 per cent rise in exports, and underlines the robustness ... more

The government said Tuesday that foreign demand for U.S. Treasury securities fell by the largest amount on record in December with China reducing its holdings by $34.2 billion.







China – United States Treasury security – People’s Republic of China – Asia – United States

After having increased by a total of 3% in October and November, retail sales dropped by 0.3% mom in December, as car sales fell slightly despite industry reports of another rise. However, in January, the announced drop in domestic vehicle sales could actually translate into higher car sales in the…

U.S. businesses slashed wholesale inventories sharply in December, a much weaker showing than had been expected.







Business – Wholesale Trade – Directories – Consumer Goods and Services – Wholesale and Distribution

Leading indicators went up sharply by 0.9% mom in November – the eighth consecutive increase. We expect leading indicators to have risen markedly again in December, by about 0.7% mom. The steeper yield curve will have been the main contributor to the rise, followed by the drop in jobless claims….

Industrial production rose in line with expectations in December as electric and gas utilities stepped up output in an unusually cold month, a Federal Reserve report showed on Friday.







Federal Reserve System – Industrial production – Business – Economic – Social Sciences