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Although it coincided with a big increase in public spending, consumption also rose, giving some hope that the recovery may continue.America's current-account deficit set a new record, rising by a sizeable 4.6% in the second quarter to $106 billion; however, this showing is still some way below forecasts.
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But for new records, rising demand coupled with the current dearth of vinyl presses (it takes about four months to press a batch of LPs today, Tabaac said) means prices are likely only going up.
The price continues to set new records, rising to over >$1400/oz at the time of this article's publication [4].
"July's figures suggest the UK construction sector is enjoying its strongest cyclical upswing since the global financial crisis, while a new record rise in employment highlights that construction firms are increasingly confident about the sustainability of the upturn," said Tim Moore, senior economist at Markit.
Despite a challenging economic environment, total global wealth has hit a new record high, rising by $20.1 trillion between mid-2013 and mid-2014, an increase of 8.3%, to reach $263 trillion – more than twice the $117 trillion recorded in 2000.
The National Assn. of Realtors said earlier this month that sales of new homes this year will set a record, rising 3.1% to 904,000, and sales of existing homes will rise 0.9% to 5.16 million, landing just short of the record set in 1999.
Sotheby's brought in $18.7 million $2 million above presales estimates for contemporary art alone, setting new records for rising artists.
Meanwhile Greek unemployment has reached a new record in July, rising for the 35th month in a row.
Earlier this month Bitcoin broke through the $3,000 per coin mark to reach a new record high valuation — rising further to hit $4,000 last week.
Chasing the price of crude is the price per gallon of gasoline which, according to the Automobile Association of America and the Oil Price Information Service, hit a new record when it rose by 1.9 cents overnight to $3.246 a gallon.
Its year-over-year growth rates won't match the motoring chipmakers, but after 2010′s reset to ready the new planes, Boeing commercial aircraft sales are set to expand 10% in 2011 to a new record, then successively rise 30% in 2012, close to 20% in 2013 and a further 10%-plus in 2014.
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