U.S. economic growth revised higher, boosted by consumer spending U.S. economic growth revised higher, boosted by consumer spending:- U.S. economic growth slowed less than previously reported in the fourth quarter as robust consumer spending provided a boost that was partially offset by the largest gain in imports in two years. […]
Gus Faucher
Strong U.S. job growth, rising wages set stage for Fed rate hike Strong U.S. job growth, rising wages set stage for Fed rate hike:- U.S. employers hired workers at a robust pace in February, beating expectations, and wages grinded higher, which could give the Federal Reserve the green light to […]
U.S. consumer spending, housing data bolster economic outlook U.S. consumer spending, housing data bolster economic outlook:- U.S. consumer spending accelerated in December as households bought motor vehicles and cold weather boosted demand for utilities amid a rise in wages, pointing to sustained domestic demand that could spur economic growth in […]
U.S. economy slows on wider trade gap, business spending rises U.S. economy slows on wider trade gap, business spending rises:- U.S. economic growth slowed sharply in the fourth quarter as a plunge in shipments of soybeans weighed on exports, but steady consumer spending and rising business investment pointed to sustained […]
