Tag Archives: US Economy

Home sales in the United States declined to their lowest level in about seven months during March, falling by 3.7% to a seasonally adjusted annual rate of 6.01 million units. This is the lowest reading for the indicator since August 2020, according to data by the National Association of Realtors …

The United States continues to show increasing signs of economic recovery, supported by the massive government stimulus spending and the monetary easing policies of the Federal Reserve. The measurements that aim at curbing the negative economic impacts of the coronavirus pandemic seem to be working amid a surge in consumer …

The U.S. National Association of Home Builders (NAHB) housing market index rose to 83 in April, compared with 82 in March, data showed on Thursday. The current sales conditions index also leveled up one point to 88, while the index for sales expectations in the next six months declined by …

Industrial production in the United States expanded last month by 1.4%, following a reading that showed a 2.6% decline in February. The rebound in industrial output in March comes following a sharp decline in February that resulted mainly from bad weather conditions and a winter storm hitting southern parts of …

Retail Sales in the US rose by 9.8% in March to $619.1 billion, the data published by the US Census Bureau revealed on Thursday. This reading followed February’s contraction of 2.7% and surpassed the market expectation of 5.9%.

Import prices in the United States increased by 1.2% during March, signaling another rise in inflation rates, data by the U.S. Department of Labor showed on Wednesday. This marker the fifth consecutive monthly rise in import prices, which increased by 6.9% on an annual basis, recording its biggest increase since …

Inflation in the US, as measured by the Consumer Price Index (CPI), rose to 0.6% on a monthly basis in March from 0.4% in February. to be updated…

The United States registered a record public deficit at $660 billion last month, data by the U.S. Department of the Treasury showed on Monday. In March, the deficit recorded a new record high on the monthly level after revenues reaching $268 billion and expenditure at $927 billion and both reaching …

Inflation expectations by consumers in the United States rose last month, with more optimism about the labor market, as shown by a recent survey by the Federal Reserve Bank of New York. The New York Fed’s report showed on Monday that consumers’ short and medium-term inflation expectations reached their highest …

The yield on the benchmark 10-year Treasury bond settled at 1.65% during early trading on Monday, remaining stable below its 14-month high of 1.78% recorded last month. Investors are awaiting a batch of new US economic data during the week, including inflation, export and import prices to take any hint …