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U.K. Construction Sector Retains Modest Recovery
Britain's construction industry held on to its modest recuperation from a hit during the snowy beginning to the year, but concerns about Brexit are causing some projects to be stalled, according to a survey released on Monday...
2018-06-04 11:39:00 UTC+00
18340
World Economy,
Consumer Markets,
Brexit,
UK
U.S. Consumer Spending Gains Momentum, Inflation on Steady Footing
U.S. consumer spending recorded its biggest increase in five months in April, adding to signs that economic growth was regaining steam in the second quarter, while inflation continued to steadily accelerate...
2018-05-31 23:40:00 UTC+00
14980
World Economy,
Consumer Markets,
Inflation
U.S. Government Records $49 Billion Surplus in January
The U.S. government reported a $49 billion surplus in January, according to the Treasury Department.That compared with a budget surplus of $51 billion in the same month in 2017, as shown in the Treasury's monthly budget statement...
2018-02-13 02:43:00 UTC+00
19015
World Economy,
Consumer Markets
UK Consumer Spending Remains in Second Gear in January: Visa
British consumers spend less in January compared to the same period a year ago, causing spending last month to mark its first decline since 2013, according to a survey...
2018-02-12 00:54:00 UTC+00
15400
World Economy,
Consumer Markets,
Brexit,
UK
US Consumer Confidence Rebounds in January
Consumer optimism in the United States rebounded in January, following a sudden decline in December.The Conference Board's measure of consumer confidence increased to 125...
2018-01-31 01:36:00 UTC+00
16150
Consumer Markets,
Unemployment
U.S. Consumer Spending Cools as Post-Storm Auto Sales Surge Ease
U.S. consumer spending weakened in October as a hurricane-related surge in automobile sales faded, while a sustained rally in underlying price pressures indicated that a recent disinflationary trend may have reached its end...
2017-12-01 02:06:00 UTC+00
21670
World Economy,
Consumer Markets,
Inflation
U.S. New-Home Sales Unexpectedly Rise in October
Purchases of new homes in the U.S. surprisingly increased in a broad manner in the previous month, hitting its fastest rate in 10 years and offering an encouraging indication for residential construction...
2017-11-28 03:38:00 UTC+00
20065
World Economy,
Consumer Markets
China Industrial Profit Maintains Momentum Amid Price Increases
Chinese industrial profits managed to retain their recent momentum, underlying resilience in the economy and strength in the country's producer inflation...
2017-11-27 03:57:00 UTC+00
18580
World Economy,
Industry,
Consumer Markets,
Asia
Strong Black Friday, Thanksgiving Online Sales Herald Promising Holiday Season
Online sales during Thanksgiving and Black Friday in the U.S. rose to record high levels as shoppers rushed to take advantage of the deep discounts and purchased more on their mobile devices, indicating a promising beginning to the holiday season...
2017-11-27 02:27:00 UTC+00
17140
Industry,
Business,
Consumer Markets
U.S. Online Sales Jump as Shoppers Splurge on Thanksgiving Eve
American shoppers has spent over $1.52 billion online by Thanksgiving evening, and more bargain seekers came to stores this year following two weak holiday seasons as retailers opened their doors early on Black Friday...
2017-11-24 06:20:00 UTC+00
24085
World Economy,
Consumer Markets
U.S. Consumer Sentiment Cools in November
A gauge of U.S. consumer sentiment unexpectedly declined by the most in a year in November amid bets that inflation and interest rates will grow, a report released by the University of Michigan showed on Friday...
2017-11-13 01:48:00 UTC+00
16375
World Economy,
Consumer Markets,
Inflation
U.S. New Home Sales Jump in Wake of Hurricanes
Sales of newly-constructed home unexpectedly surged in September to the highest level since 2007 as activity surged in the Southern region after hurricanes Harvey and Irma, according to official government data on Wednesday...
2017-10-26 03:12:00 UTC+00
15145
World Economy,
Consumer Markets
UK Shop Prices Fall 0.4 Percent Annually In July
The British Retail Consortium on Wednesday reported that Britain's shop prices fell 0.4 percent annually in July.That compared to the previous month's 0.3 percent decline. After a 1.4 percent increase in June, food prices rose an annual 1.2 percent in July. ..
2017-08-02 10:06:00 UTC+00
28345
World Economy,
Industry,
Consumer Markets,
UK
China Expected to Report Tempered Q2 GDP Growth
China is expected to report that its economy rose 6.8 percent in April-June from the previous, slower than the prior quarter's solid 6.9 percent rate as policymakers look to clamp down on growing property and debt risks to the financial system...
2017-07-17 01:52:00 UTC+00
30955
World Economy,
Consumer Markets,
Asia
Japan Retail Sales Sink 1.6% In May
Japan's retail sales fell 1.6 percent monthly in May, figures from the Ministry of Economy, Trade and Industry showed on Thursday, missing the 1.0 percent decline expected by economists...
2017-06-29 09:25:00 UTC+00
25450
World Economy,
Market review,
Consumer Markets
China’s Profits Jump as Global Trade Gains Momentum
China's industrial profits surged 14 percent year-on-year in April as global trading activity gained momentum.Industrial profits rose to 572.8 billion yuan in the preceding month, according to the National Bureau of Statistics...
2017-05-29 07:57:00 UTC+00
36280
World Economy,
Consumer Markets
China’s Measures Not Sufficient to Curb Rising Debt- Moody’s
Just days after slashing its sovereign rating, officials at Moody's ratings agency said China's reforms are not effective enough to keep in check its ballooning debt and another credit rating downgrade may be on the table unless authorities get its rising credit under control...
2017-05-26 06:37:00 UTC+00
156370
Finance,
Consumer Markets
Fed Policymaker Bullard said U.S. Inflation Trend Alarming
St. Louis Federal Reserve President James Bullard said the current level of U.S. price growth is significantly weaker than it should be if the Federal Federal Reserve had reached its two-percent inflation target and said the current inflation path since 2012 was worrisome...
2017-05-26 02:44:00 UTC+00
62065
Policy,
Consumer Markets
Fed’s Williams Expects Limited Impact from Trump’s Fiscal Policies
San Francisco Federal Reserve President John Williams said that upon analyzing the impact of the Trump administration's fiscal policies on the economy, he concluded that he saw limited short-term gains and little effect for the longer term...
2017-05-26 02:16:00 UTC+00
146455
Policy,
Consumer Markets
Japanese Inflation Driven Up by Higher Energy Costs
Japan's core consumer prices increased 0.3 percent on-year in April, marking the fourth consecutive month and gains and the fastest pace of inflation increase since mid 2015...
2017-05-26 01:46:00 UTC+00
63490
Consumer Markets
Japan Exports Post Fifth Month of Consecutive Gains
Japan's exports rose once more in April, continuing an upward trend for the fifth month in row, indicating that strong demand from abroad could sustain a stable economic recuperation...
2017-05-22 06:06:00 UTC+00
38665
Consumer Markets
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