Germany’s industrial production fell in August as demand for goods moderated and factories grappled with high energy prices and supply bottlenecks. Total industrial output–comprising production in manufacturing, energy and construction–decreased Read more
Tag: August
Services sector of U.S. economy remained strong in August
Services sector of U.S. economy remained strong in August
French industrial production rebounded in August
French industrial production rose in August, showing resilience in most sectors despite slowing demand and high price pressures. Total industrial output–comprising output in manufacturing, energy and construction–rose 2.4% on month, Read more
Germany trade surplus narrowed sharply in August as export growth slowed
Germany’s trade surplus narrowed more than expected in August as exports rose at a slower pace than imports. The country’s balance of exports and imports of goods–was 1.2 billion euros Read more
Home prices fell in August from July, CoreLogic says. These are the top 5 markets at risk of steep declines.
Home-price growth has slowed for the fourth month in a row, as the housing market continues to cool amid high mortgage rates, according to one measure. Compared to July, home Read more
U.S. factory orders flat in August, as expansion in the manufacturing sector slows
Orders for manufactured goods were flat in August, the Commerce Department said Tuesday. The unchanged reading was in line with forecasts of economists surveyed by the Wall Street Journal. The Read more
‘The figures were weak’: Construction spending falls in August, more than Wall Street analysts’ expectations
Outlays for construction projects fell 0.7% in August to $1.78 trillion, the Commerce Department reported Thursday. Wall Street was expecting a drop of 0.2%. Spending in July fell a revised Read more
Eurozone unemployment rate stabilized in August
The eurozone unemployment rate stabilized in August, a sign of a resilient labor market even as an economic recession looms. The eurozone jobless rate remained unchanged at 6.6% in August, Read more
U.S. new home sales surge 28.8% in August
The numbers: U.S. new home sales surged 28.8% to a seasonally-adjusted annual rate of 685,000 in August, from a revised 532,000 in the prior month, the Commerce Department reported Tuesday. Read more
Rents fell in August for the first time since November 2021, but tenants are still struggling. Here’s why.
For the first time since November 2021, U.S. median monthly rents failed to notch a new record high and even fell a little compared to the previous month — by Read more