Monthly archive May, 2019

Growth in U.S. manufacturing activity slowed much more than expected in the month of April, according to a report released by the Institute for Supply Management on Wednesday, with activity expanding at its slowest pace in well over two years.Read More →

A report released by the Commerce Department on Wednesday showed an unexpected pullback in U.S. construction spending in the month of March. The report said construction spending slumped by 0.9 percent to an annual rate of $1.282 trillion.Original Article Read More →

As widely expected, the Federal Reserve announced on Wednesday that it has decided to leave interest rates unchanged. The Fed maintained the target range for the federal funds rate at 2.25 to 2.50 percent for the third consecutive meeting.Original Read More →

The U.S. dollar, which exhibited weakness ahead of the Federal Reserve's monetary policy statement, rebounded after the Fed held the interest rate unchanged spelt out its outlook for the economy.Original Article Read More →

The total number of building permits issued in New Zealand fell a seasonally adjusted 6.9 percent on month in March, Statistics New Zealand said on Thursday - standing at 3,180.Original Article Read More →

The unemployment rate in New Zealand came in at a seasonally adjusted 4.2 percent in the first quarter of 2019, Statistics New Zealand said on Wednesday.Original Article Read More →