Durable Goods Report Better Than Expected, but Economists Aren’t too Impressed

Orders for durable goods were up in January, but the overall report suggested that business investment growth is cooling off. U.S. orders for durable goods—products that have a life expectancy of three or more years—increased 0.4% percent, the Commerce Department said...

U.S Retail Sales report a record 10-year low

Retail sales saw the biggest drop in nine years in December, hinting to a decline in consumer spending in 2018. Sales fell by 1.2 percent in the final months of the year, the Commerce Department said Thursday. The drop surprised economists, as they expected an...

Low fuel prices keep inflation low in January as Fed backs off interest rate raises

Falling energy prices continued to keep overall inflation down in January, which could keep Federal Reserve interest rate hikes at bay. The consumer price index was unchanged for the third month in a row, the Bureau of Labor Statistics said on Wednesday.  Prices...

Home Price Growth Slows for 9th Straight Month

Growth in U.S. home prices slowed in December for the ninth consecutive month, but buyers are still struggling with affordability. National home prices rose 4.7% in December, down from 5.1% in the previous month, according to S&P CoreLogic Case-Shiller. In the...

U.S Retail Sales report a record 10-year low

U.S Retail Sales report a record 10-year low

Retail sales saw the biggest drop in nine years in December, hinting to a decline in consumer spending in 2018. Sales fell by 1.2 percent in the final months of the year, the Commerce Department said Thursday. The drop surprised economists, as they expected an...