By Xavier Fontdegloria The eurozone jobless rate was stable in November at its record low, highlighting resilience in the labor market despite slowing economic growth. The eurozone unemployment rate stood Read more
Tag: slowing
Leading indicators point to slowing U.S. economy and recession in 2023
The numbers: The U.S. leading index fell a sharp 1% in November, extending a downturn that began last spring and points to a weakening economy. Economists polled by The Wall Street Read more
‘The fever appears to be breaking’: High rents are still contributing to U.S. inflation, but growth is slowing
Inflation may be easing, but October’s 7.7% increase in the U.S. consumer-price index compared with a year earlier was still being driven largely by higher shelter costs. Consumer prices rose Read more
Dow ends 1,200 points higher, stocks post best day since 2020 after inflation hints at slowing
U.S. stocks closed sharply higher Thursday, with all three major indexes posting their best day of gains since 2020 as investors cheered signs that U.S. inflation finally might be headed Read more
The economy is slowing — ISM service index drops to lowest level since U.S. lockdown in 2020
The numbers: An ISM barometer of business conditions at companies such as retailers and restaurants fell to 54.4% in October and touched the lowest level since the U.S. lockdowns in 2020, Read more
‘Home prices are slowing’: Report says home price growth continues to slow in September as rates continue to stay above 7%
Home prices continue to slow across America. Home prices dropped by 0.5% in September from August, according to CoreLogic’s Home Price Index and Home Price Index Forecast. Home price appreciation Read more
Opinion: Leading indicators show inflation is slowing, but Fed policy makers are too busy looking in rearview mirror to notice
The Federal Reserve is speeding down the road looking in the rearview mirror, chasing a demon it doesn’t understand and praying that inflation will recede before it drives the economy Read more
Economy is slowing and ‘potentially signaling recession,’ leading index finds
The numbers: The U.S. leading index fell in August for the sixth month in a row, “potentially signaling a recession.” The leading index fell 0.3% last month, extending a stretch of Read more
Economy is slowing and ‘potentially signaling recession,’ leading index finds
The numbers: The U.S. leading index fell in August for the sixth month in a row, “potentially signaling a recession.” The leading index fell 0.3% last month, extending a stretch of Read more
U.S. stocks close higher, as traders shake off concerns over China’s slowing economy
U.S. stocks closed higher on Monday, despite China’s disappointing economic data raising concerns about a slowdown in global growth. The Dow Jones Industrial Average DJIA, +0.45% gained around 143 points, Read more
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