U.S. Housing Starts Plunge Much More Than Expected In March

IMF Warns Of Tariff War Impact As Global Growth Projections Slashed

The International Monetary Fund slashed the global growth forecasts for this year and next on Tuesday, citing the potential impact of the trade tariffs imposed by U.S. President Donald Trump and cautioned against significant adverse effect on the world economy if the current trade tensions persist.

RTTNews | 16g 38 minut temu

Philly Fed Index Plummets To Two-Year Low In April

The Federal Reserve Bank of Philadelphia released a report on Thursday showing a steep drop by its reading on regional manufacturing activity in the month of April. The Philly Fed said its diffusion index for current general activity plummeted to a negative 26.4 in April from a positive 12.5 in March, with a negative reading indicating contraction.

RTTNews | 5 dni temu

U.S. Weekly Jobless Claims Unexpectedly Dip To Two-Month Low

First-time claims for U.S. unemployment benefits unexpectedly saw a modest decrease in the week ended April 12th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims slipped to 215,000, a decrease of 9,000 from the previous week's revised level of 224,000.

RTTNews | 5 dni temu

U.S. Housing Starts Plunge 11.4% In March, Much More Than Expected

A report released by the Commerce Department on Thursday showed new residential construction in the U.S. pulled back by much more than expected in the month of March. The Commerce Department said housing starts plunged by 11.4 percent to an annual rate of 1.324 million in March after surging by 9.8 percent to a revised rate of 1.494 million in February.

RTTNews | 5 dni temu

Philly Fed Index Plummets Much More Than Expected In April

The Federal Reserve Bank of Philadelphia released a report on Thursday showing a steep drop by its reading on regional manufacturing activity in the month of April.

RTTNews | 6 dni temu

U.S. Weekly Jobless Claims Unexpectedly Dip

First-time claims for U.S. unemployment benefits unexpectedly saw a modest decrease in the week ended April 12th, according to a report released by the Labor Department on Thursday.

RTTNews | 6 dni temu

U.S. Business Inventories Rise In Line With Estimates In February

A report released by the Commerce Department on Wednesday showed business inventories in the U.S. increased in line with economist estimates in the month of February. The Commerce Department said business inventories rose by 0.2 percent in February after climbing by 0.3 percent in January.

RTTNews | 6 dni temu

U.S. Homebuilder Confidence Unexpectedly Inches Higher In April

The National Association of Home Builders released a report on Wednesday unexpectedly showing a slight improvement by U.S. homebuilder confidence in the month of April. The report said the NAHB/Wells Fargo Housing Market Index inched up to 40 in April after falling to 39 in March. Economists had expected the index to dip to 37.

RTTNews | 6 dni temu

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U.S. Housing Starts Plunge Much More Than Expected In March