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Monthly archive September, 2020

U.S. Factory Orders Continue To Skyrocket In July

New orders for U.S. manufactured goods showed another substantial increase in the month of July, according to a report released by the Commerce Department on Wednesday. The Commerce Department said factory orders soared by 6.4 percent in July, matching the Read More →

Fed’s Beige Book Points To Modest Economic Growth

Economic activity in the U.S. has increased over the past several weeks, according to the Federal Reserve's Beige Book, although the gains were described as generally modest. The Beige Book, a compilation of anecdotal evidence on economic conditions in the Read More →

Dollar Stays Firm Against Peers On Strong Economic Data

The U.S. dollar gained in strength against most of its peers on Wednesday, extending its uptick for a second straight day thanks to upbeat data on manufacturing activity and factory orders.Original Article Read More →

European Economics Preview: German Retail Sales, UK Nationwide House Prices Due

German retail sales data and the monthly house price survey results from the UK are the main news on a light day for economic data in Europe. The Federal Statistical Office or Destatis is set to release Germany's retail sales Read More →

Eurozone Manufacturing Sector Logs Moderate Growth In August

The euro area manufacturing sector expanded at a moderate pace, as initially estimated, in August despite the severe constraints on economic activity related to fighting the global coronavirus disease, final survey data from IHS Markit showed on Tuesday. The manufacturing Read More →