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...
Five Things to Watch in the March Housing Starts Report

Five Things to Watch in the March Housing Starts Report

March’s housing starts report will be published Tuesday, and economist's predictions are focused on a modest gain in single-family starts concentrated regionally in the south and the west. Here are five things to look for in the report. A rough March or builders in...

Five Things to Watch in the Retail Sales Report

Five Things to Watch in the Retail Sales Report

The U.S. Census Bureau releases its advance monthly retail sales report for March on Monday. Economists surveyed by Bloomberg are forecasting a 0.4 percent increase in the headline number, the first gain for a relatively unimpressive quarter. Here are five things to...