Tag Archives: US Economy

Data released by the Mortgage Bankers Association showed that mortgage applications in the United States fell 0.5% in the week ending November 6th.It marked the first drop in three weeks, after an increase of 3.8% in the previous period. The average contract interest rate for 30-year fixed-rate mortgages with conforming …

Job openings in the United States showed a modest increase in September, as the market recovers from the impact of the COVID-19 crisis, data showed on Tuesday. The job openings rose by 84,000 to 6.4 million by the end of September, according to the U.S. Department of Labor’s monthly Job …

Wholesale inventories in the United States increased more than initially estimated during the month of September, data showed on Friday. US wholesale inventories went up by 0.4% in September, in contrast to an initial estimate of a 0.1% decline. This also follows an increase of 0.5% in August, according to …

The United States’ goods and services deficit declined by $3.2 billion to $63.9 billion in September, the data published jointly by the US Census Bureau and the US Bureau of Economic Analysis showed on Wednesday. This reading missed the market expectation for a deficit of $63.8 billion by a small …

New factory orders in the United States increased by 1.1% in September, data by the US Department of Commerce showed on Tuesday. This comes after factory orders rose by 0.6% in August.

Consumer spending in the United States increased by 1.4% in September, exceeding market expectations. This comes after consumer spending rose by 1% in August, a level that was expected to be maintained last month. It is worth noting that consumer spending makes up around two-thirds of economic activity in the …

The Consumer Sentiment Index in the US rose from 80.4 in September 81.8 (final) in October, the University of Michigan’s latest Surveys of Consumers showed on Friday. This reading came in better than the market expectation and the previous estimate of 81.2. Further details of the publication revealed that the …

The United States’ Real Gross Domestic Product (GDP) expanded at an annual rate of 33.1% in the third quarter, the US Bureau of Economic Analysis’ advance estimate showed on Thursday. This reading came in better than the market expectation of +31% and followed the 31.4% contraction recorded in the second …

On Thursday, the Bank of Japan trimmed its forecast for the economy and prices in the current fiscal year, but revealed a more optimistic view about the chances of recovery, indicating that the stimulus measures it took are sufficient so far. The central bank warned that the outlook is shrouded …

The Consumer Confidence for the euro area and the EU both declined by 1.6 points in October and arrived at -15.5 and -16.5, respectively, the data published by the European Commission showed on Thursday. Further details of the publication revealed that the Industrial Confidence for the euro area improved modestly …