big-ticket items
US consumer confidence retreats slightly; house prices remain elevated
The mixed survey also showed consumers’ perceived likelihood of a recession over the next 12 months retreated this month.
appliance outlets
US retail sales rise less than expected in May
U.S. retail sales barely rose in May, suggesting that economic activity remained lackluster in the second quarter.
22% surge
Target, Walmart shoppers seek home goods, grocery delivery online
U.S. online spending is experiencing a rebound, spurred by high gas prices, convenient delivery options and a surge in deals following a brief post-pandemic slump.
baseline interest rate
Report: Inflation Increased Again In March As Consumer Spending Rose
According to the latest report, inflation increased in March, with a key barometer the Federal Reserve watches closely showing that price pressures continue to increase.
Business
US inflation trending lower; consumer spending strong in December
U.S. prices rose marginally in December, keeping the annual increase in inflation below 3% for a third straight month.
ambulatory health care services
US job growth accelerates in December; wage gains solid
U.S. employers hired more workers than expected in December while raising wages at a solid clip.
4.9% In Q3
Economic Update: GDP Revised Down To 4.9% In Q3
In the latest economic update, our GDP, encompassing all the goods and services we produce, increased by 4.9% in Q3 this year, revised down from the initial 5.2%.
Building permits
US single-family housing starts jump to more than 1-1/2-year high
Declining mortgage rates and incentives from builders are likely to draw potential buyers back into the housing market.