Consumer spending, too, slips as high-interest rates reduce demand for goods The personal consumption expenditures price index was unchanged in October after rising 0.4% the previous month as the cost of goods and services remained flat, data release...
Category Archives: For Big Investors
Manufacturing output too falls, while September’s output is revised lower Production at US factories fell 0.6% in October amid a slump in motor vehicle output resulting from the United Auto Workers (UAW) strike against the Big Three car manufacturers...
Food and shelter prices rise, while the energy index falls as gasoline prices plunge The consumer price index (CPI) for all urban consumers (CPI-U), which measures a broad basket of goods and services, was flat last month after rising 0.4% in Septemb...
Service sector output slips 0.1% while manufacturing output ticks 0.1% higher Economic growth in the UK stagnated in the September 2023 quarter after expanding at a 0.2% pace in the three months to June 2023, partly from the sharp increase in the int...
Unemployment rate climbs to 3.9% in October, the highest since January 2022 The US economy added 150,000 jobs in October, around half the jobs created from the downwardly revised 197,000 the previous month, data released by the Bureau of Labor Statis...
Policymakers leave the door open for another rate hike, but markets skeptical The Federal Open Market Committee (FOMC) left interest rates unchanged at 5.25%-5.50% at the end of their two-day monetary policy meeting on Wednesday, November 1st, in lin...
Headline PCE price index surged 0.4% month-on-month, while core inflation climbed 0.3% US personal consumption expenditures (PCE) price index increased 0.4% in September, unchanged from the previous month but higher than the 0.3% rise expected by ana...
GDP growth jumped to 4.9% in the September quarter from 2.1% in the second quarter The US real gross domestic product (GDP) expanded at an annual pace of 4.9% in the three months to the end of September 2023 as a shrinking trade deficit and solid con...
Dollar ends flat, stock benchmarks remain mixed, and treasury yields rise following the announcement US retail sales rose by a solid 0.7% in September, slightly below the upwardly-revised 0.8% in August, as Americans continued spending at bars and re...
Inflation climbs 0.4% on the month, remains flat at 3.7% y-o-y Seasonally-adjusted consumer price index (CPI) in the US rose 0.4% in September, slightly below the 0.6% increase the previous month, the US Bureau of Labor Statistics reported. Over the...









