Monthly archive April, 2020

After reporting a significant increase in U.S. existing home sales in the previous month, the National Association of Realtors released a report on Tuesday showing existing home sales pulled back sharply in the month of March. NAR said existing home Read More →

China's exports and imports declined at a slower than expected pace in March despite the spread of coronavirus, or covid-19 among its major trading partners. In dollar terms, exports decreased 6.6 percent on a yearly basis, data from the General Read More →

The global economy is set for a severe recession that is going to be the worst since the Great Depression of the 1930s, as coronavirus, or Covid-19, pandemic claims thousands of human lives and the containment measures adopted to slow Read More →

Australia's consumer confidence declined the most on record in April after the coronavirus outbreak evolved from serious concern to full-blown pandemic, survey data from Westpac showed on Wednesday. The Westpac-Melbourne Institute Index of Consumer Sentiment plunged 17.7 percent to 75.6 Read More →

Reflecting the impact of the coronavirus-induced shutdown, the Commerce Department released a report on Wednesday showing a record decline in U.S. retail sales in the month of March. The Commerce Department said retail sales plummeted by 8.7 percent in March Read More →

New York manufacturing activity contracted at the fastest rate on record in the month of April, according to a report released by the Federal Reserve Bank of New York on Wednesday. The New York Fed said its general business conditions Read More →