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Monthly archive February, 2023

Swiss Economy Stagnates In Q4

Despite the moderate growth in consumer spending, Switzerland's economy stagnated at the end of 2022 as the challenging global conditions curtailed exports and manufacturing output. Gross domestic product logged a flat sequential growth in the fourth quarter after expanding 0.2 Read More →

U.S. Pending Home Sales Soar Much More Than Expected In January

The National Association of Realtors released a report on Monday showing pending home sales in the U.S. spiked by much more than expected in the month of January. NAR said its pending home sales index soared by 8.1 percent to Read More →

U.S. Core Consumer Price Growth Unexpectedly Accelerates In January

A highly anticipated report released by the Commerce Department on Friday showed an unexpected acceleration in the annual rate of core consumer price growth in the month of January. The report said annual growth by core consumer prices, which exclude Read More →

U.S. New Home Sales Spike To Ten-Month High In January

The Commerce Department released a report on Friday showing a sharp increase in U.S. new home sales in the month of January. The report said new home sales spiked by 7.2 percent to an annual rate of 670,000 in January Read More →

U.S. Consumer Sentiment Index For February Unexpectedly Upwardly Revised

Consumer sentiment in the U.S. improved slightly more than initially estimated in the month of February, according to revised data released by the University of Michigan on Friday. The report said the consumer sentiment index for February was upwardly revised Read More →

U.S. Dollar Moves Notably Higher Amid Interest Rate Concerns

After turning in a relatively lackluster performance over the two previous days, the value of the U.S. dollar has moved notably higher during trading on Friday.Original Article Read More →