February’s core 12-month inflation rate met or surpassed the Federal Reserve’s target for the fourth month in a row, showing signs of a strengthening economy. […]
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Sweeping Slump in Trade Hurts Everywhere But Auto Sales
International trade is down across categories and the deficit is up leading to skepticism of a rebound this year. With the global slowdown and a […]
Income and consumption in January confirm strength of U.S. economy
Personal income and spending both rose by 0.5% in January, the U.S. Department of Commerce reported Friday. The figures indicate the American economy is improving […]
Durable Goods Jump But Not Satisfactorily
New orders last month for long lasting manufacturing goods turned in the highest increase in 10 months, soothing the fears of an […]
A Drop in Housing Starts in January no Cause for Concern
Despite a drop in housing starts in January, the housing sector remains strong and new home constructions should pick up in the months ahead. Housing […]
January Inflation Flat, Core Rate Shows Signs of Strength
Inflation signals were mixed in January, with the general level unchanged while the core level showed an increase. Despite economists predicting a 0.1 percent decline, […]
U.S. Retail Sales On The Rise in January
Retail sales gained momentum in January as consumers defied global economical turmoil and boosted their spending for the third consecutive month. Consumers spent $449.9 billion […]
Black workers see marginal decline in unemployment, but still have a long way to go
After being unemployed since December 2014, Akim St. Omer thought that the February’s typical hiring drag would pass by spring. Most schools, whether private or […]
A Bloc in Need of Visitors
Link to data visualization As summer progresses and spring shifts into the rearview, travelers and tourists have begun to flock to major tourism and leisure […]
A Strong Dollar and A Stronger Economy Pressurize the U.S. Manufacturers
The strong U.S. dollar signals economic growth, but it is also hurting American businesses overseas, especially manufacturers, who face falling sales, squeezed profits and prospects […]