Monthly archive March, 2022

Industrial production in the U.S. increased in line with economist estimates in the month of February, according to a report released by the Federal Reserve on Thursday. The report showed industrial production rose by 0.5 percent in February after jumping Read More →

A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits fell by more than expected in the week ended March 12th. The Labor Department said initial jobless claims dipped to 214,000, a decrease of Read More →

In an effort to combat inflation at 40-year highs, the Federal Reserve on Wednesday announced its widely expected decision to raise interest rates for the first time since December of 2018. The Fed said it has decided to raise the Read More →

New York manufacturing activity unexpectedly contracted in the month of March, according to a report released by the Federal Reserve Bank of New York on Tuesday. The New York Fed said its general business conditions index tumbled to a negative Read More →

China's retail sales and industrial production as well as fixed asset investment grew more than expected during the January to February period, signaling a strong start to the year. Retail sales advanced 6.7 percent on a yearly basis in January Read More →

Wholesale price data from Germany is due on Monday, headlining a light day for the European economic news. At 3.00 am ET, Destatis is slated to issue Germany's wholesale prices for February. Wholesale prices had increased 16.2 percent on year Read More →