American factories grew last month at the slowest pace in more than two years. Continue reading →
{FD} US pending home sales slipped 0.7 percent in November
Fewer Americans signed contracts to buy homes in November as higher mortgage rates and prices squeezed would-be buyers out of the market, especially in the West. Continue reading →
{FD} US consumer confidence tumbles in December
U.S. consumer confidence tumbled this month as Americans began to worry that economic growth will moderate next year. Continue reading →
{FD} Record imports push US trade gap to $55.5 billion in October
Record imports in October drove the U.S. trade deficit to the highest level in a decade. Continue reading →
{FD} US, China put brakes on their trade dispute with ceasefire
The United States and China reached a 90-day ceasefire in a trade dispute that has rattled financial markets and threatened world economic growth. Continue reading →
{FD} World waits to see if Trump-Xi dinner brings trade peace
When President Donald Trump sits down for dinner Saturday with Chinese leader Xi Jinping, their table talk will undoubtedly have a global impact. Continue reading →
{FD} US consumer confidence slips in November but is still strong
U.S. consumer confidence slipped this month but remains strong. Continue reading →
{FD} US home sales rise 1.4 percent, snap 6-month losing streak
U.S. home sales rose in October, breaking a six-month losing streak. Continue reading →
{FD} US trade gap grew to $54 billion in September
Record imports expanded the U.S. trade deficit for the fourth straight month in September. Continue reading →
{FD} US consumer spirits rise to new 18-year high in October
U.S. consumer confidence rose again this month, hitting a new 18-year high. Continue reading →
{FD} US services firms grew at a record pace in September
U.S. services firms expanded at a record pace last month, stepping up production and hiring, in another sign of strength for the American economy. Continue reading →
{FD} US producer prices dip 0.1 percent in August
U.S. wholesale prices fell unexpectedly last month for the first time since February 2017, pulled down by falling prices for transportation and warehousing services. Continue reading →
{FD} US trade deficit widened to $50.1 billion in July
The U.S. trade deficit widened for the second straight month in July, reaching the highest level since February, as imports hit an all-time high. Continue reading →
{FD} US trade deficit widens by $46.3 billion in June
The U.S. trade deficit widened in June for the first time in four months as exports fell and imports grew. Continue reading →
{FD} US factories grow at a slower pace in July
U.S. factories grew at a slower pace in July, but American industry remains healthy. Continue reading →
{FD} US consumer confidence edges up in July
Americans were a bit more confident about the economy in July, but their expectations for the near future dimmed slightly. Continue reading →
{FD} IMF: World economy likely to grow 3.9 percent this year
The International Monetary Fund is keeping its forecast for global economic growth unchanged at 3.9 percent this year despite worries about rising trade tensions and higher oil prices. Continue reading →
{FD} US factories register faster-than-expected growth in June
American manufacturing expanded at an unexpectedly fast pace in June, another sign of strength for U.S. industry. Continue reading →
{FD} US consumers were a bit less optimistic in June
American consumers lost a bit of their optimism in June but are still feeling good by historical standards. Continue reading →
{FD} Producer prices up 0.5 pct from April, 3.1 pct in past year
U.S. wholesale prices last month posted the biggest 12-month gain since January 2012, a sign that the strong economy is beginning to rouse inflation. Continue reading →