Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (11290)	9/2/2004 12:00:31 AM
From: mishedlo	Respond to of 116555

Australia Housing [Is the decline pattern OZ UK US? In that order? - mish] Australia July building approvals down 0.7 pct from June; down 5.1 pct on yr Thursday, September 2, 2004 1:57:29 AM SYDNEY (AFX) - Building approvals in July fell a seasonally adjusted 0.7 pct from June to 14,438, and were down 5.1 pct year-on-year, the Australian Bureau of Statistics (ABS) said The median of economists' forecasts for July was for a fall of 1.5 pct from June, with estimates ranging from a fall of 4.5 pct to a rise of 1.0 pct. Building approvals in June rose 1.5 pct from May Private sector home approvals in July rose a seasonally adjusted 2.8 pct from June to 8,960 units and declined 12.9 pct year-on-year.