economic-data News
Chicago Business Activity Plunges, Fueling Economic Slowdown Fears
The key regional index unexpectedly fell to its lowest level since May 2020, with sharp declines in new orders and employment signaling a deepening manufacturing downturn.
US Jobless Claims Fall, Complicating Fed's Next Move
A drop in initial claims to 216,000 is offset by multi-year highs in continuing claims, presenting a mixed view of the US labor market.
US Fiscal Risk Mounts as National Debt Surpasses $38 Trillion
Soaring interest costs and an estimated $1.8 trillion deficit for 2024 are stoking warnings from the Federal Reserve and Treasury about an 'unsustainable' path.
US Retail Sales Weaken, Fueling Economic Slowdown and Rate Cut Bets
A mere 0.2% rise in September spending fell short of forecasts, signaling that high interest rates may be starting to curb consumer demand.
BLS Cancels Key Inflation Report, Leaving Fed and Markets in the Dark
The highly unusual decision to not release October's Consumer Price Index data creates significant uncertainty for future Federal Reserve interest rate policy.
US Consumer Sentiment Falls to Six-Month Low on Inflation Fears
University of Michigan index declines for a fourth straight month, signaling potential slowdown in spending as long-term inflation fears hit a decade high.
CBO Report on Tariff Policy Sparks Fresh Deficit Concerns
A revised forecast from the Congressional Budget Office indicates tariff rollbacks will add nearly $800 billion to the national debt over the next decade, dampening the U.S. fiscal outlook.
US Existing-Home Sales Hit Eight-Month High in October
A surprising surge in housing activity suggests resilience in the market, though analysts caution that high mortgage rates continue to pose a headwind.