The numbers: Orders at U.S. factories for long-lasting goods jumped 1.9% in June largely because of more bookings for new cars and military aircraft, but there were hints of weakness among Read more
Tag: June
Microsoft admits downturn has worsened since June warning, earnings and revenue miss expectations
Microsoft Corp. missed expectations for profit and revenue in a Tuesday earnings report, as deteriorating economic conditions led to an even greater shock than expected when executives revised their guidance Read more
U.S. consumer confidence declines for third straight month in June
The numbers: The index of consumer confidence fell to 95.7 in July from a revised 98.4 in the prior month, the Conference Board said Tuesday. The decline was larger than Read more
U.S. new home sales fall in June to the lowest level since the pandemic
The numbers: U.S. new home sales plunged 8.1% to a seasonally-adjusted rate of 590,000 in June, from a revised 642,000 in the prior month, the Commerce Department reported Tuesday. The Read more
U.S. consumer confidence declines for third straight month in June
The numbers: The index of consumer confidence fell to 95.7 in July from a revised 98.4 in the prior month, the Conference Board said Tuesday. The decline was larger than Read more
U.S. new home sales fall in June to the lowest level since the pandemic
The numbers: U.S. new home sales plunged 8.1% to a seasonally-adjusted rate of 590,000 in June, from a revised 642,000 in the prior month, the Commerce Department reported Tuesday. The Read more
U.K. retail sales declined slightly in June on lower fuel, clothing sales
U.K. retail sales fell in June for the fourth time in five months, dragged by lower fuel sales, adding to evidence of a weakening in consumer spending as the cost-of-living Read more
Conference Board index of leading U.S. economic indicators dipped in June
Conference Board index of leading U.S. economic indicators dipped in June
Japan’s exports jump 19.4% in June; 16th straight month of gains
Japan’s exports rose for the 16th consecutive month in June, driven by robust overseas demand for steel and mineral fuels, Ministry of Finance data showed Thursday. Exports rose 19.4% in Read more
German producer prices rise at a slower pace in June
Germany’s producer prices rose strongly year-on-year in June driven by higher energy prices, but at a slower pace than in the previous month, when they posted their largest increase on Read more