U.S. pending home sales increase moderately, NAR says
By Amina Niasse (Reuters) – Pending home sales in the U.S. rose 1.6% in February, spurred by modest inventory increases and job gains, a report on Thursday said. The National Association of…
US Economy Grows Moderately As GDP Ticks Up
US Economy Grows Moderately As GDP Ticks Up Will Kessler on July 27, 2023 The U.S. economy grew at a rate of 2.4% in the second quarter of 2023, according to gross…
US producer prices increase moderately in April
WASHINGTON (Reuters) – U.S. producer prices rebounded modestly in April, leading to the smallest annual increase in producer inflation in more than two years, further evidence that inflation pressures were subsiding. The…
US business inventories rise moderately in February
WASHINGTON (Reuters) – U.S. business inventories rose moderately in February, suggesting that inventory investment could subtract from economic growth in the first quarter. Business inventories increased 0.2% after falling 0.2% in January,…
U.S. trade deficit widens moderately in January
WASHINGTON (Reuters) – The U.S. trade deficit widened moderately in January as both imports and exports increased strongly. The trade deficit increased 1.6% to $68.3 billion, the Commerce Department said on Wednesday.…
U.S. business inventories rise moderately
WASHINGTON (Reuters) – U.S. business inventories rose moderately in December as businesses carefully managed stocks amid slowing demand, with the inventory-to-sales ratio hitting a two-year high. Business inventories increased 0.3% after climbing…
U.S. business inventories rise moderately in October
WASHINGTON (Reuters) – U.S. business inventories increased moderately in October, suggesting that businesses were slowing the pace of stock accumulation amid cooling demand and rising recession risks as the Federal Reserve continues…
U.S. job openings fell moderately in October
WASHINGTON (Reuters) – U.S. job openings decreased in October, but remained significantly high, pointing to continued labor market resilience despite the Federal Reserve’s efforts to cool demand by aggressively raising interest rates.…
Japan says economy picking up moderately, while govt staying vigilant to risks
TOKYO (Reuters) – Japan’s government left the overall assessment of the nation’s economy unchanged in its monthly report for November, noting a moderate recovery but remaining cautious over risks from a global…
U.S. business inventories increase moderately in September
WASHINGTON (Reuters) – U.S. business inventories increased moderately in September, suggesting that businesses were becoming more cautious about ordering more merchandise as higher borrowing costs slow demand. Business inventories increased 0.4% after…
U.S. factory orders rise moderately in September
WASHINGTON (Reuters) – New orders for U.S.-manufactured goods increased moderately in September as a surge in bookings for civilian aircraft was partially offset by declines elsewhere, suggesting a loss of momentum in…
U.S. productivity rebounds moderately in third quarter
WASHINGTON (Reuters) – U.S. worker productivity rebounded less than expected in the third quarter, resulting in continued upward pressure on labor costs that could keep inflation elevated. Nonfarm productivity, which measures hourly…
U.S. manufacturing output rises moderately in January
WASHINGTON – Production at U.S. factories increased moderately in January as motor vehicle output fell for a second straight month amid an ongoing global shortage of semiconductors. Manufacturing output gained 0.2% last…
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