Housing Completions Surge, Creating Supply Pressure In contrast to the slowdown in new construction, housing completions surged in January, reaching 1.651 million units, a 7.6% increase from December and 9.8%…
Tag: Economics
US-China AI War? Trump’s New Tech Investment Curbs Shake Markets
The latest US move against China could fuel speculation about an AI war amid uncertainties surrounding trade tariffs between the two nations. Market Reaction: Hong Kong Tech Stocks Tumble Hong…
Germany’s Manufacturing Contraction Slows; Services PMI Continues to Expand
Manufacturing Contraction Slows Manufacturing continued to weigh on Germany’s economic performance, but the Manufacturing PMI Output Index climbed to 48.5, up from 46.3 in January. The Flash Manufacturing PMI also…
UK Flash Manufacturing PMI Falls to 46.4 as Services Hit 2-Month High at 51.1
Employment and Cost Pressures Intensify Employment across the private sector declined sharply as companies reacted to weak demand and high payroll costs. Many firms indicated non-replacement of departing staff, driven…