Businesses continue to import record level of goods ahead of wide ranging tariffs The trade deficit remained at record levels in February and is likely […]
Tag: economics indicator
Retail Sales Rise in February, But Less Than Expected
Retail sales rose slightly in January but well short of expectations in a sign that consumers are cutting back spending amid economic uncertainty. Retail sales […]
Hearts Break for Valentine’s Day as U.S. Retail Sales Decline for the First Time in Four Months
U.S. retail sales declined for the first time in four months, as consumers spent less than expected due to the end of the holiday season […]
Trade deficit in goods reaches record high in 2024 as businesses braced for tariffs under Trump
The U.S. trade deficit in goods reached a record high in 2024, as manufacturers rushed to import goods in December ahead of possible tariffs in […]
Five Things to Watch in the Retail Sales Report
The March retail sales report will show the strength of consumers and their willingness to spend, a key indicator of whether Americans’ shopping habits will continue to fuel the economy.
March jobs report expected to reflect labor market’s resilience, even if employment cools
Friday’s job report is expected to show slower employment growth for March, but will likely still reflect the resilient labor market reported at the beginning […]
Inflation is still elevated, but consumers are undeterred
Inflation remained well over targets in February but consumers just kept spending, the latest signal that the economy is not quick to slow down, despite […]
U.S. home prices rose again in January as inventory remains historically low
U.S. home prices ticked up again in January despite sustained high borrowing costs as the market deals with a historically low number of homes for […]
Shelter and Gas Costs Heat Up February Inflation
Consumer prices in February pointed toward a stubbornly hot economy, with shelter and gasoline costs keeping temperatures rising above the Federal Reserve’s 2% inflation target. […]
Resilient Consumers Push Retail Sales Up 0.6% in February
Americans significantly increased their spending on cars, electronics, and dining out last month, showing resilience even as a clearer picture emerged of how much they […]