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US first-quarter GDP growth revised down to 1.6% amid inflation concerns
U.S. first-quarter GDP growth was revised down to a 1.6% annualized rate, reflecting weaker consumer spending and inventory investment amid inflation pressures.
US factory orders rise 1.5% in March led by electronics demand
US factory orders rose 1.5% in March, driven by strong demand for electronics amid the artificial intelligence investment boom, the Commerce Department reported.
US inflation posts largest March gain in nearly three years
U.S. inflation accelerated in March with a 0.7% rise in the PCE price index, driven by higher gasoline prices amid the Iran war, signaling potential Fed rate stability.
U.S. business inventories rise slightly more than expected in February
U.S. business inventories increased 0.4% in February, surpassing expectations and signaling potential GDP growth in the first quarter, according to the Commerce Department.
US trade deficit narrows as exports hit record high
US trade deficit narrowed to $54.5B in January as exports surged to a record $302.1B and imports declined, signaling potential support for economic growth.
US trade deficit widens in December; jobless claims fall
US trade deficit surged in December on higher imports while weekly jobless claims fell sharply, signaling stable but cautious labor market conditions.
US equipment spending rises on AI boom, housing lags
US business spending on equipment surged in December driven by AI investments, while the housing market showed mixed signals with rising starts but weak sentiment.
US core capital goods orders rise for fifth straight month
US core capital goods orders rose for a fifth straight month in November, signaling steady business investment and supporting the economic outlook.
US consumer spending rises as labor market stays weak
US consumer spending rose 0.5% in November, but a weak labor market and a falling saving rate highlight uneven economic conditions, federal data showed.
US third-quarter economic growth revised slightly higher
US third-quarter economic growth was revised slightly higher to a 4.4% rate, driven by stronger exports and business investment, federal data showed.
US retail sales rise slightly as consumers pull back in September
US retail sales rose 0.2 percent in September as consumers eased spending after strong summer gains. Economists say inflation, weak hiring, and tariffs are weighing on demand.
U.S. trade deficit drops as tariffs sharply cut imports
The U.S. trade deficit fell 24 percent in August as tariffs reduced imports. Commerce Department data shows lower imports, slight export growth and ongoing economic impacts.
