Business Week. Key economic reports.

Monday
Economic: Existing Home Sales (4.8M)
Earnings: FirstEnergy (FE), Lowe’s (LOW), LDK Solar (LDK), Nordstrom (JWN), Shanda (SNDA), USEC (USU), Wilson Greatbatch (GB)

Tuesday
Economic: PPI & Core (.3%, .2%), Consumer Confidence (82.5), S&P/Case-Shiller (-9.8%)
Earnings: AutoZone (AZO), CBRL (CBRL), Ceradyne (CRDN), Frontier Oil (FTO), Home Depot (HD), KBR (KBR), Macy’s (M), RadioShack (RSH), Target (TGT), Autodesk (ADSK), Covanta (CVA), Stone Energy (SGY), Overseas Ship (OSG), Ormat (ORA)

Wednesday
Economic: Durable Orders (-4.0%), New Home Sales (600K), Weekly Crude

Earnings: Boyd (BYD), LifeCell (LIFC), Lamar (LAMR), SPX (SPW), Toll Bros (TOL), Ctrip (CTRP), General Maritime (GMR), GMarket (GMKT), Limited (LTD), Salesforce (CRM), Public Storage (PSA), Tenaris (TS), Whiting Petrol (WLL)

Thursday
Economic: GDP & Deflator (.8%, 2.6%), Weekly Claims (350K)
Earnings: AmBev (ABV), Blackstone (BX), Cooper (CTB), Fluor (FLR), GrafTech (GTI), Hansen (HANS), Leap Wire (LEAP), Sears (SHLD), Sprint (S), AIG (AIG), Buenaventura (BVN), China Finance (JRJC), China Med (CMED), CVR (RIO), Dell (DELL), FTI (FCN), Scientific Games (SGMS), Ventana (VMSI), World Fuel (INT)

Friday
Economic: Inc & Spend (.2%, .2%), Core PCE (.2%), Chicago (50), Michigan (70)
Earnings: Mine Safety (MSA), Sepracor (SEPR)

GDP growth in Czech Republic for 2007.

GDP grew by 6,9% in last quarter of 2007. For the whole year 2007 change is 6,6% up. Numbers are above analyst estimations which varied between 6,3 - 6,5 %. Improvement was dragged by higher employment (on year to year basis 1,9 % more employed people). Big impact has public health insurance reform. Extraordinary stimulus came from health insurance groups due to higher expenses. This contributed for GDP increase by 0,5%.
Leading industries were energy, manufacturing industry.

Amazing GDP growth by more that 14%..?

This is not GDP growth in China but in Slovakia. Today's released number left all expectations behind. On average analyst expectations range 8,9 - 9,4 %. Real GDP number in Slovakia is 14,1%, growth faster than in China. Mainly supported by higher industrial production, consumers spending. In addition, changes in taxation forced retailers stored up level of stock.