Philip Chua Business Blog

Posts Tagged ‘quarter’

The economy rocketed ahead at a 5.9 percent pace in the final quarter of 2009, stronger than initially estimated. But the growth spurt isn’t expected to carry over into this year.

Economy of the United States – Business – Financial Services – Investing – Social Science

THE fourth quarter earnings reporting season has so far achieved all that investors could have hoped for, but the good news has all been obscured by a wave of worrisome events from Washington and Beijing and Europe.
‘The corporate side of the stock market’s fundamental picture has been a true success story in the early going in 2010,’ said Nick Colas, chief market strategist at Convergex Group. ‘E… more

Finding a job got much tougher last year, as the number of available openings fell by nearly one quarter.







United States – Employment – Business and Economy – Connecticut – Business

Businesses and consumers remain exceptionally cautious and will not likely be phased by a blowout real GDP number for the fourth quarter. We have recently raised our estimate for fourth quarter real GDP growth to a 5.6 percent annual rate. A substantial slowdown in the rate of inventory liquidations will…

(SINGAPORE) Economic momentum may have fallen off a little more than expected in the last quarter, but economists say the underlying recovery in Singapore remains on track.

Indeed, with flash Q4 GDP data in hand, at least two forecasters yesterday jacked up their estimates of Singapore’s 2010 full-year growth, adding to the market consensus that was already above the official forecast of 3 to 5 … more

(SINGAPORE) Private home prices continued their ascent in Q4 last year, climbing an estimated 7.3 per cent from the previous quarter. This sent prices for 2009 up 1.7 per cent from a year ago, defying bleak prognoses of double digit falls when the financial crisis unfolded.

Resale prices for public housing were also on their way up in Q4, rising 3.8 per cent from the previous quarter. Year-on-ye… more

(SINGAPORE) Economists expect stronger year-on- year (yoy) growth for the final quarter of 2009, although a slump in biomedical output could trigger a quarterly contraction.

The government will announce the Q4 GDP advance estimate next Monday. But Prime Minister Lee Hsien Loong is expected to give an indication of Singapore’s 2009 economic performance and the outlook for 2010 in his annual New Y… more

AFTER two straight quarters of strong growth, Singapore’s economy looks likely to have hit a speed bump in the fourth quarter of this year, according to economists.
A surprise slump in the volatile biomedicals segment resulted in manufacturers producing less than expected between September and this month – possibly leading to zero or minimal economic growth over the period.
Despite this flat fourt… more

Durable goods orders fell by 0.6% mom in October, and as non-defense aircraft orders jumped by about 50%, the decline ex transportation was actually 1.3% mom. Capital goods orders decreased noticeably, and business investment appears to have been rather weak in the last quarter of 2009. However, given that the…

The recovery may have gotten off to a slow start in the third quarter, but a surge in sales of existing homes in November could presage a more robust end to the year.

Business – Electronics and Electrical – Hardware – Gross domestic product – Storage