Better U.S. Data Offset by Weakness in Europe

by Marilou Long on August 17, 2011

in Banks,Debt,Economic Indicators,Foreign Markets

There have been a couple of encouraging ponstel economic data points in the U.S. this week. Retail sales came in at 0.5%, industrial production was stronger than expected at 0.9%, and the factory utilization rate was better than expected at 77.5%. However, the Eurozone was very weak during the second quarter with 0.2% GDP growth. Germany was much generic cialis lower than expected at 0.1% growth. In addition, the problems Citalopram online in the European banking sector will be with us for duricef a while. Yields in Italy and Spain have lexapro 10 mg come down from their recent highs, but the cost of insuring the debt as measured by the CDS (credit default swap) spreads continues to widen.

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