Market Implications The widening trade deficit signals increased domestic demand, which could bolster economic growth but may weigh on GDP if import growth continues to outpace exports. Rising retail inventories…
Tag: financial market
CB Consumer Confidence Drops To 104.7; SP500 Tests Session Lows
The report showed that consumers were less optimistic about future business conditions and incomes….Read More
Fed’s Key Inflation Gauge Eases to 2.4% in November, Below Expectations
Goods spending was supported by strong demand for motor vehicles and recreational products, while services spending saw notable contributions from financial services, recreation activities, and healthcare. The personal savings rate,…
GDP, Labor Market Shine, but Manufacturing Slump Signals Economic Divergence
More Information in our Economic Calendar.What Do Falling Unemployment Claims Signal? Initial jobless claims dropped to 220,000, reflecting labor market strength, though the four-week moving average rose slightly to 225,500.…