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Monthly archive December, 2022

Japan Retail Sales Rise As Travel Subsidies Boost Spending

Japanese retail sales continued to increase in November as the travel subsidy program initiated to stimulate the tourism sector boosted consumer spending and unemployment rate was the lowest in three months, official data revealed. Retail sales grew 2.6 percent in Read More →

European Economics News Preview: Italy Business & Consumer Confidence Data Due

Business and consumer survey results from Italy and revised national accounts from Spain are the top economic news due on Friday. At 2.45 am ET, France's INSEE is scheduled to issue producer prices for November. Prices had advanced 24.7 percent Read More →

U.S. Durable Goods Orders Tumble Amid Sharp Pullback In Transportation Orders

Reflecting a sharp pullback in orders for transportation equipment, the Commerce Department released a report on Friday showing U.S. durable goods orders tumbled by much more than expected in the month of November.Original Article Read More →

U.S. Consumer Price Growth Slows To 5.5% In November

The Commerce Department released its report on U.S. personal income and spending in the month of November on Friday, although the focus was on a closely watched reading on consumer price inflation.Original Article Read More →

U.S. New Home Sales Unexpectedly Surge For Second Straight Month In November

New home sales in the U.S. unexpectedly showed a sharp increase for the second consecutive month in November, according to a report released by the Commerce Department on Friday. The report said new home sales surged by 5.8 percent to Read More →

U.S. Consumer Sentiment Improves More Than Previously Estimated In December

The University of Michigan released its revised reading on U.S. consumer sentiment in the month of December on Friday, showing sentiment unexpectedly improved more than previously estimated. The report showed the consumer sentiment index for December was upwardly revised to Read More →