Automakers marched out of winter last month, as buyers left their homes and hit the show rooms after frigid temperatures went down. Sales trumped analysts’ […]
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Shrugging off winter freeze, manufacturing expands at slightly faster pace
U.S. manufacturing continued to expand moderately in March, adding to other signs that the economy is starting to shake off the impact of a harsh […]
February exports, cold weather drag US trade
The United States saw its trade deficit widen for the second month as the cold weather and weak global economy continued to hamper movement of […]
Recovery of U.S. housing market slowing
(Source: S&P/Case-Shiller Home Prices Indices’ 20-City Composite Index) The rise in home prices in 20 cities appears to be slowing, with only a slight gain […]
February Cold Keep Housing Starts Flat
Weather held U.S. housing starts flat in February, even as the sector showed signs it would grow in spring. Starts dropped to a seasonally adjusted, […]
Grocery prices jump, overall inflation still tame
Food prices surged last month, climbing at the fastest pace in more than two years, even as overall inflation remained weak. Sudden jumps in the […]
U.S. economy is slowly coming to light after the freezing winter
The spring is finally around the corner for retail sales, a sign that the economy is showing a mild improvement. Retail sales in February saw […]
Auto sales still frigid but warming up for the year
Auto sales can’t thaw through this winter freeze. Sales were just under what they were this time last year, and underperformed for what’s expected to be […]
January trade deficit widens slightly
The United States’ trade deficit slightly rose in January prompting speculation the rest of the year will not fare better. The trade deficit increased slightly […]
Manufacturing picks up in February
The manufacturing sector managed to expand at a faster-than-expected pace last month even though factory production dropped. The manufacturing index released Monday by the Institute […]