Mary-Lynn Cesar, Kapitall: The EU released three major economic reports for the Eurozone last week. We took a closer look at the numbers.
One of the many side effects of the ongoing government shutdown is that the Department of Commerce hasn't released any new economic data since September.
[Read more on Europe from Kapitall: 3 Swiss Stocks to Consider as Alpine Country Re-considers Income Inequality]
Every month, the Department of Commerce issues reports on the previous month's economic indicators, including retail and food sales, durable goods, and residential construction, sharing useful data that provides insight into the state of the US economy.Thanks to the shutdown, that information will remain undisclosed for the foreseeable future. The European Union, on the other hand, released three major economic reports last week: unemployment, retail sales, and inflation. Here's some of the data:
- August retail sales rose by 0.7% from July.
- But those sales were down 0.3% from August 2012.
- Unemployment in September remained at 12% for the second consecutive month.
- This was higher than the 11.5% reported last September.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV