After snowstorms largely halted U.S. residential construction earlier this year, warmer weather will most likely cause a significant uptick in U.S. housing starts in March. […]
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An increasing Trade Deficit and Strengthening Dollar Affecting U.S.-India Trade Relations
U.S. efforts to increase trade relation with India through exports are in troubled waters because of the soaring value of dollar. As cheap Indian goods […]
TRADE DEFICIT NARROWS TO END-OF-RECESSION LEVEL OF $35.4 BILLION
The U.S. trade deficit plummeted in February to its lowest level in five years as the West Coast labor disputes contributed to depressed imports and […]
Behind one single unemployment rate, a patchwork of problems in Europe
Unemployment fell slightly in Europe in February for the third consecutive month. But there are still deep differences among countries and little agreement on how […]
Auto Sales Slow After Months of Steady Growth
By Danni Santana The U.S. auto industry reported relatively flat sales in March, a sign the market is beginning to plateau after months of healthy […]
Disappointing Jobs Numbers and Wage Gains Expected for March
By Michaela Ross Friday’s employment report is expected to show weaker jobs gains and stagnant wage growth as harsh weather, a stronger dollar and a […]
Consumers May Have Hit Their Savings Peak
April 1, 2015 By Marguerite Ward A steady rise in personal income and an uptick in consumer spending suggest that slowly, but surely, the consumer […]
Drop in Demand for Durable Goods Orders Signals Strong Dollar and Less Aggressive Investment Affecting U.S. Economy
By Rajashree Chakravarty Durable goods orders for February fell unexpectedly, much to the disappointment of manufacturers and traders. Orders for durable goods, which last more […]
Consumer Sentiment Slips in March with Winter Weather and Lukewarm Wage Gains
By Michaela Ross High utility bills from record-setting winter weather, stagnant wages and rebounding gas prices pulled consumer sentiment down this month, indicating Americans remain […]
GAS PRICES ARE UP AND SO IS INFLATION…WILL INTEREST RATES BE NEXT?
Americans’ cost of living went up in February, as gasoline prices rose for the first time in seven months, sparking speculation that the Federal […]