WSJ: Home Prices Tumble
REAL ESTATE JANUARY 31, 2012, 7:38 P.M. ET.
Home Prices Tumble
U.S. home prices fell again in November, according to the Standard & Poor's Case-Shiller indexes, indicating continued struggles for the beleaguered housing market.
Tuesday, January 31, 2012
U.S. Geological Survey, Mineral Commodity Summaries: COPPER
COPPER
(Data in thousand metric tons of copper content unless otherwise noted)
Domestic Production and Use: U.S. mine production of copper in 2011 increased slightly to about 1.1 million tons and its value rose to about $10 billion. Arizona, Utah, New Mexico, Nevada, and Montana—in descending order of production—accounted for more than 99% of domestic mine production; copper also was recovered in Idaho and Missouri. Twenty-nine mines recovered copper, 18 of which accounted for about 99% of production. Three primary smelters, 3 electrolytic and 3 fire refineries, and 15 electrowinning facilities operated during the year. Refined copper and scrap were consumed by about 30 brass mills, 15 rod mills, and 500 foundries and miscellaneous consumers. Copper and copper alloy products were used in building construction, 45%; electric and electronic products, 23%; transportation equipment, 12%; consumer and general products, 12%; and industrial machinery and equipment, 8%.[1]
(Data in thousand metric tons of copper content unless otherwise noted)
Domestic Production and Use: U.S. mine production of copper in 2011 increased slightly to about 1.1 million tons and its value rose to about $10 billion. Arizona, Utah, New Mexico, Nevada, and Montana—in descending order of production—accounted for more than 99% of domestic mine production; copper also was recovered in Idaho and Missouri. Twenty-nine mines recovered copper, 18 of which accounted for about 99% of production. Three primary smelters, 3 electrolytic and 3 fire refineries, and 15 electrowinning facilities operated during the year. Refined copper and scrap were consumed by about 30 brass mills, 15 rod mills, and 500 foundries and miscellaneous consumers. Copper and copper alloy products were used in building construction, 45%; electric and electronic products, 23%; transportation equipment, 12%; consumer and general products, 12%; and industrial machinery and equipment, 8%.[1]
Sunday, January 29, 2012
New Report by Agency Lowers Estimates of Natural Gas in U.S.
http://www.nytimes.com/
News Analysis
New Report by Agency Lowers Estimates of Natural Gas in U.S.
By IAN URBINA
Published: January 28, 2012
WASHINGTON — Just how much natural gas is trapped underground in the United States?
The difficulty and uncertainty in predicting natural gas resources was underscored last week when the Energy Information Administration released a report containing sharply lower estimates.
News Analysis
New Report by Agency Lowers Estimates of Natural Gas in U.S.
By IAN URBINA
Published: January 28, 2012
WASHINGTON — Just how much natural gas is trapped underground in the United States?
The difficulty and uncertainty in predicting natural gas resources was underscored last week when the Energy Information Administration released a report containing sharply lower estimates.
Saturday, January 21, 2012
Savills: German office market hits three year take-up high (DE)
Savills: German office market hits three year take-up high (DE)
Friday 20 January 2012
The five major German office markets of Berlin, Düsseldorf, Frankfurt, Hamburg and Munich ended 2011 on a three-year high in terms of take-up according to international real estate advisor Savills.
The firm’s research shows that total take-up reached approximately 2.85 million m², close to 2008 levels (approx. 2.9 million m²). Compared to 2010 turnover increases are just below 7%.
http://www.europe-re.com/system/main.php?pageid=2616&articleid=19509
Friday 20 January 2012
The five major German office markets of Berlin, Düsseldorf, Frankfurt, Hamburg and Munich ended 2011 on a three-year high in terms of take-up according to international real estate advisor Savills.
The firm’s research shows that total take-up reached approximately 2.85 million m², close to 2008 levels (approx. 2.9 million m²). Compared to 2010 turnover increases are just below 7%.
http://www.europe-re.com/system/main.php?pageid=2616&articleid=19509
Thursday, January 12, 2012
CNNMoney: Foreclosures fall to lowest level since 2007
http://money.cnn.com/2012/01/12/real_estate/foreclosures/index.htm?iid=Lead
Foreclosures fall to lowest level since 2007
By Les Christie @CNNMoney January 12, 2012: 4:59 AM ET
NEW YORK (CNNMoney) -- Foreclosure filings and repossessions fell to their lowest level since 2007 last year.
Foreclosures fall to lowest level since 2007
By Les Christie @CNNMoney January 12, 2012: 4:59 AM ET
NEW YORK (CNNMoney) -- Foreclosure filings and repossessions fell to their lowest level since 2007 last year.
Monday, January 9, 2012
WSJ: Soros Says World Economy Facing 'Vicious' Deflationary Cycle
http://online.wsj.com/article/SB10001424052970204257504577150403662707094.html?mod=rss_economy
ASIA BUSINESS JANUARY 9, 2012, 7:54 A.M. ET.
Soros Says World Economy Facing 'Vicious' Deflationary Cycle
By RUMMAN AHMED And SUDEEP JAIN
BANGALORE – George Soros, the billionaire U.S. investor, said Monday the global economy is facing a "vicious" deflationary cycle as members of the euro zone cut back sharply on spending to bring their budget deficits under control, crimping demand and squeezing prices.
ASIA BUSINESS JANUARY 9, 2012, 7:54 A.M. ET.
Soros Says World Economy Facing 'Vicious' Deflationary Cycle
By RUMMAN AHMED And SUDEEP JAIN
BANGALORE – George Soros, the billionaire U.S. investor, said Monday the global economy is facing a "vicious" deflationary cycle as members of the euro zone cut back sharply on spending to bring their budget deficits under control, crimping demand and squeezing prices.
Sunday, January 8, 2012
USA Today: Forget inflation: Is deflation the real threat?
http://www.usatoday.com/money/markets/story/2012-01-06/deflation-inflation-threat-to-stocks/52457310/1
Forget inflation: Is deflation the real threat?
By John Waggoner, USA TODAY
Ask most investors what they worry about, and they'll tell you it's inflation — specifically, a period of soaring prices that destroys the value of the dollar.
Forget inflation: Is deflation the real threat?
By John Waggoner, USA TODAY
Ask most investors what they worry about, and they'll tell you it's inflation — specifically, a period of soaring prices that destroys the value of the dollar.
WSJ: Euro-Zone Sentiment Darkens as Recession Fear Looms
http://online.wsj.com/article/SB10001424052970203471004577144253397891354.html?mod=rss_economy
EUROPE BUSINESS NEWS JANUARY 7, 2012
Euro-Zone Sentiment Darkens as Recession Fear Looms
By ALEX BRITTAIN
Euro-zone business and consumer confidence worsened last month while a wave of poor economic data added to evidence that much of the euro zone may be in a recession that could last well into 2012.
EUROPE BUSINESS NEWS JANUARY 7, 2012
Euro-Zone Sentiment Darkens as Recession Fear Looms
By ALEX BRITTAIN
Euro-zone business and consumer confidence worsened last month while a wave of poor economic data added to evidence that much of the euro zone may be in a recession that could last well into 2012.
Friday, January 6, 2012
CNNMoney: 2011: Happy New Job!
2011: Happy New Job!
By Chris Isidore @CNNMoney January 6, 2012: 5:45 AM ET
NEW YORK (CNNMoney) -- "Hire more workers" appears to be a popular New Year's resolution for employers this year.
By Chris Isidore @CNNMoney January 6, 2012: 5:45 AM ET
NEW YORK (CNNMoney) -- "Hire more workers" appears to be a popular New Year's resolution for employers this year.
Thursday, January 5, 2012
Bloomberg: Lessons for Europe From America’s First Great Depression: Echoes
Lessons for Europe From America’s First Great Depression: Echoes
By Alasdair Roberts 2012.01.04 07:30 AM
The European Union is in trouble. Some governments are teetering on default, and even German creditworthiness is questioned. Interbank lending in the euro area is increasingly strained. The entire project of European economic integration, wrought through six decades of delicate negotiation, seems at risk of collapse.
By Alasdair Roberts 2012.01.04 07:30 AM
The European Union is in trouble. Some governments are teetering on default, and even German creditworthiness is questioned. Interbank lending in the euro area is increasingly strained. The entire project of European economic integration, wrought through six decades of delicate negotiation, seems at risk of collapse.
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