Retail sales rebounded more than expected in June, but some of the increase likely reflected higher prices for some goods exposed to tariffs.
Read More US retail sales beat expectations in June
Tag: Gross Domestic Product
Trump heads to NATO summit to finalize Europe’s pledge for higher defense spending
President Donald Trump traveled to the annual NATO summit meeting to The Hague, Netherlands, on Tuesday to finalize NATO allies increasing their defense spending.
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Chinese exports to U.S. plummet 35% in May — biggest decline since COVID began
New reports have indicated that China’s exports to the U.S. plummeted in May. This sharp declines comes as a temporary truce between the world’s two largest economies arrived “too late” to prevent major port disruptions.
Read More Chinese exports to U.S. plummet 35% in May — biggest decline since COVID began
March Jobs Report Beats Expectations With 228K New Positions
The latest jobs report for the month of March came in higher than expected as the Trump administration has applauded the newest numbers.
Read More March Jobs Report Beats Expectations With 228K New Positions
Motor vehicles, electronic goods lift US retail sales in October
Retail sales increased slightly more than expected in October as households boosted purchases of motor vehicles and electronic goods.
Read More Motor vehicles, electronic goods lift US retail sales in October
US consumer spending, inflation rise moderately in August
Consumer spending increased slightly less than expected in August, suggesting some moderation in economic growth in the third quarter.
Read More US consumer spending, inflation rise moderately in August