Economic Indicators News

U.S. Consumer Spending Rises 0.4% in September By Investing.com

© Reuters. Personal spending rose 0.4% in September, in line with forecasts Investing.com – U.S. consumer spending slowed in September, according to a report released on Monday. The Commerce Department said , which accounts for more than two-thirds of U.S. economic activity, rose 0.4% last month, after a 0.5% increase in the previous month. August’s reading was revised up from ...

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U.S. spending rises; income posts smallest gain in over a year By Reuters

© Reuters. U.S. spending rises; income posts smallest gain in over a year WASHINGTON (Reuters) – U.S. consumer spending rose for a seventh straight month in September, but income recorded its smallest gain in more than a year, suggesting a moderation in spending in the future. The Commerce Department said on Monday consumer spending, which accounts for more than two-thirds ...

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China factory growth seen cooling further as U.S. tariff impact mounts: Reuters poll By Reuters

© Reuters. FILE PHOTO: An employee works on an assembly line producing automobiles at a factory in Qingdao BEIJING (Reuters) – Growth in China’s factory sector likely cooled further in October as domestic demand faltered and exporters felt a bigger sting from an intensifying trade war with the United States, a Reuters poll showed.     The official manufacturing Purchasing Managers’ ...

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Tokyo inflation holds steady, little cheer for Japan’s central bank By Reuters

© Reuters. A woman pays money as she buys fruits outside a vegetable store at Ameyoko shopping district in Tokyo By Leika Kihara TOKYO (Reuters) – Tokyo’s core consumer price inflation was unchanged in October from the previous month, government data showed on Friday, offering little encouragement for Japan’s central bank as it struggles to reach its ambitious 2 percent ...

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Japan September factory output seen falling, suggesting weak third-quarter GDP growth: Reuters poll By Reuters

© Reuters. Japan September factory output seen falling, suggesting weak third-quarter GDP growth: Reuters poll TOKYO (Reuters) – Japan’s factory output likely slipped in September for the first time in two months due to natural disasters, a Reuters poll showed on Friday, which would boost views that the economy weakened in the third quarter. Industrial production was seen down 0.3 ...

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Euro zone inflation expectations unchanged despite growth slowdown: ECB survey By Reuters

© Reuters. Euro zone inflation expectations unchanged despite growth slowdown: ECB survey FRANKFURT (Reuters) – Euro zone prices are expected to continue growing at 1.7 percent per year until 2020 despite weaker underlying inflation and economic growth, a European Central Bank survey showed on Friday. The ECB confirmed a day earlier plans to wind down its 2.6 trillion euro ($2.96 ...

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China’s industrial profits growth slows for fifth month as orders wane By Reuters

© Reuters. A worker polishes steel pipes at a factory of Dongbei Special Steel Group Co Ltd in Dalian BEIJING (Reuters) – Profit growth at China’s industrial firms slowed for the fifth consecutive month in September as sales of raw materials and manufactured goods further ebbed, pointing to cooling domestic demand in the world’s second-biggest economy. The slowdown was in ...

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U.S. GDP Shows Stellar Growth but Risks Abound in 2019 By Investing.com

© Reuters. U.S. third quarter growth may be “as good as it gets” Investing.com – The U.S. economy reported a better-than-expected expansion in the third quarter, showing its best back-to-back quarter performance since 2014, but analysts warned that risks for growth abound in 2019 and the data could force a more aggressive monetary policy from the Federal Reserve. U.S. GDP ...

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