5 Things to Watch in the Coming U.S. Trade Balance Report
Tomorrow, the Commerce Department will release the U.S. trade balance numbers from February. Here are five things to watch for when the report comes out. A Strong U.S. Economy Can Widen the Trade Deficit The American economy has been particularly strong, with positive...
Five things to watch in the March inflation report
The Bureau of Labor Statistics will release its consumer price index report on Wednesday, April 10 at 8:30 a.m. Here are five things to watch in the March report: Gasoline prices will boost overall inflation A bump in gasoline prices is expected to be the main driver...
ISM shows March rebound in manufacturing, driven by strong employment growth
The U.S. manufacturing sector grew faster in March than the previous month, with employment growth at its highest level since November 2018, according to the Institute for Supply Management. March’s purchasing manager index (PMI) from the ISM was 55.3, a 1.1...
House Prices Grow at Slowest Pace in Four Years
Home price growth has reached its slowest pace since 2015, suggesting the U.S. housing market is starting to cool down. National home prices rose 4.3% in January, down from 4.6% in the previous month, according to S&P CoreLogic Case-Shiller. In the 20-city...
A Decrease in the Trade Deficit Leaves American Agriculture with a Bit of Hope, But No Clear Answers
A narrowing trade deficit could be a sign that the effects of President Trump’s trade war might be cooling off. The trade gap decreased from $59.9 billion in December to $51.1 billion in January. The new number is lower than many economists had predicted. The report...
Home Improvement Slowdown Could Be Bad News for the Economy
A few months after their daughter was born in May 2018, Erik and Ashley Cabrera had to move out of the house they were renting in Clarksville, Tennessee. They wanted to buy a home, but $60,000 in student debt and unexpected medical expenses made it out of reach. “We...
Despite rising restaurants prices, consumers absorb the costs
When Tamara Young moved from Washington, D.C. to New York City, she wasn’t expecting her eating habits to change much. But the 23-year-old finds herself living in what she calls the Bedford-Stuyvesant food desert in a four-person apartment with a kitchen that has...
Buying a car online like you buy your phone remains a distant reality
Unsplash/ Filip Filkovic Philatz
5 Things to watch in Monday’s Retail Sales Report
On Monday morning the Commerce Department will release the February retail sales report — a count of all the retail goods and services sold. Here are five things to look out for in the report when the numbers are released at 8:30 a.m. ET. 1. A Clearer Picture Since...
Five Things to Watch in Tuesday’s U.S. Durable Goods Report
Experts predict moderate gains in a key order, but that may be the last good news this sector sees for a while. Here are five things to watch in the report. 1. Exclude the transportation numbers, please Economists are estimating that new orders for durable goods...