The April retail sales report will offer new insight into whether consumers are still powering the economy or beginning to pull back. The data arrives […]
Tag: tariffs
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 […]
US Manufacturing Takes Its Hardest Hit Since 2009
New orders and employment tumbled in March at the quickest speed since 2009, signaling a tough road ahead for U.S. manufacturers. March’s Institute for Supply […]
US trade deficit in goods hits record $891 billion
The U.S. trade deficit blew up in December, once again hitting its highest monthly total since 2008, indicating President Donald Trump’s tariffs have been ineffective. […]
Consumer Prices Aren’t Budging Despite Wage Growth
Consumer prices remained unchanged for the third consecutive month amid rapid job creation and wage growth, signaling to the Federal Reserve Board that planned interest […]