Consumer sentiment falls to seventh-lowest level since 1952 as Americans worry about cost of living and jobsConsumer sentiment declined to 55 in October, the seventh-lowest level since 1952, according to a University of Michigan survey. Americans ...
12 Oct, 2025, 01.59 PM IST
Job growth shocker: 911,000 jobs wiped from records — US economy worse off than you thinkUS job growth revision 2025: Revised data shows US job growth was weaker than initially reported. Nearly a million jobs were wiped off the ...
09 Sep, 2025, 10.07 PM IST
US trade gap skids to 2-year low; tariffs exert pressure on service sectorIn June, the U.S. trade deficit narrowed significantly, particularly with China, reaching its lowest point in over two decades due to Presi...
06 Aug, 2025, 08.02 AM IST
US hiring slowest since Joe Biden took office, on strikes, hurricanesUS job growth slowed significantly in October due to hurricanes and labor strikes. Only 12,000 jobs were added, much lower than expected. D...
01 Nov, 2024, 06.32 PM IST
US consumer sentiment falls slightly as outlook for inflation worsensThe University of Michigan's consumer sentiment index, released Friday in a preliminary version, slipped to 77.9 this month, down from Marc...
12 Apr, 2024, 09.37 PM IST
Key US jobs data boost Fed's 'soft-landing' hopesCombined, the two data points suggested a drop in labor demand and an easing of hiring conditions, something the U.S. central bank feels is...
30 Aug, 2023, 08.01 AM IST
US industrial production returns to growth in JulyWhile the rebound is positive news for producers, a downward revision to the manufacturing data from earlier this year means the July manuf...
16 Aug, 2023, 08.11 PM IST
US consumer inflation eases for 11th straight monthThe data comes as Federal Reserve officials are set to begin a two-day policy meeting on Tuesday, with the figures expected to have a beari...
13 Jun, 2023, 09.30 PM IST
US Fed poised for smaller rate hike with eye on wage growthHouseholds in the world's biggest economy have been contending with red-hot prices, with conditions worsened by surging food and energy cos...
11 Dec, 2022, 10.07 AM IST
Supply chain ‘normal’ appears on horizon, with sights set on MarchThe bottleneck started with five ships on Oct. 15, 2020, then pushed past 40 in February 2021 as Americans snapped up merchandise for their...
10 Oct, 2022, 08.57 AM IST
Central banks' hopes for supply chain miracle may be dashed by China, UkraineThe Fed and other major central banks are already raising interest rates or laying plans to do so in an effort to curb inflation running fa...
19 May, 2022, 10.54 AM IST
Vanishing ships underscore supply woe: crisis peak is a mirageAs the year supply chains went haywire winds down, logistics experts are struggling to distinguish between the rays of real improvement and...
10 Dec, 2021, 09.30 AM IST
Key reason for supply shortages: Americans keep spendingUnless spending snaps sharply back to services — or something else leads people to stop buying so much — it could take deep into 2022 or ev...
16 Nov, 2021, 09.51 AM IST
America's current account deficit hits 12-year high in 2020 on the back of pandemicThe Commerce Department said on Tuesday the current account deficit, which measures the flow of goods, services and investments into and ou...
23 Mar, 2021, 07.54 PM IST
US industrial production falls 2.2% in February amid winter stormsUS industrial production fell 2.2 percent in February, the Federal Reserve said on Tuesday, a worse-than-expected figured caused by winter ...
16 Mar, 2021, 08.14 PM IST
US industrial production jumps 1.6% in DecemberManufacturing increased 0.9 per cent, its eighth straight monthly gain, even as production of motor vehicles and parts declined 1.6per cent.
15 Jan, 2021, 10.51 PM IST
Across U.S. electoral battlegrounds, recovery may be ebbing as virus flowsWith the daily growth in cases spiking across many Republican-leaning areas and rising nationally, high frequency economic data has shown t...
15 Oct, 2020, 10.27 PM IST