U.S. housing starts rebound in September after sharp drop in prior month
The numbers: Construction of new U.S. homes rebounded 7% in September to an annual pace of 1.36 million units after a sharp 1.5% drop
Indian States Forecasted to Boost Capital Expenditure by 29% In FY24
Aditi Nayar, ICRA’s chief economist, anticipates a 29% surge in capital expenditure by 13 key Indian states to Rs 6.2 lakh crore in FY24,
Philadelphia Fed manufacturing gauge remains in contractionary territory for second straight month
The numbers: The Philadelphia Federal Reserve said Thursday its gauge of regional business activity remained in contractionary territory for the second straight month in
Prologis beats third-quarter FFO estimates, warns of “negative customer sentiment”
(Reuters) – Warehouse-focused real estate investment trust (REIT) Prologis (NYSE:) reported better-than-expected quarterly funds from operations (FFO) per share on Tuesday on higher rental
Jobless claims fall to 9-month low of 198,000. Not many layoffs in U.S. economy.
The numbers: The number of Americans who applied for unemployment benefits last week fell to a nine-month low of 198,000, defying expectations that layoffs
US retail sales beat expectations in boost to third-quarter GDP growth expectations
WASHINGTON (Reuters) -U.S. retail sales increased more than expected in September as households stepped up purchases of motor vehicles and spent more at restaurants
U.S. leading economic indicators point lower for 18th straight month, but still no sign of recession
The numbers: The leading economic index sank 0.7% in September and was negative for the 18th month in a row — but the U.S. is
What risk? China investors snap up local government bonds as Beijing tackles big debts
By Li Gu and Tom Westbrook (Reuters) – Chinese investors are rushing to buy bonds of local government financing vehicles (LGFVs), including from the
U.S. mortgage rates near 8%, rising for the sixth week in a row
U.S. mortgage rates rose for the sixth week in a row amid worries over another potential interest-rate hike by the U.S. Federal Reserve. The
US manufacturing output rises solidly in September
WASHINGTON (Reuters) – Production at U.S. factories increased more than expected in September despite strikes in the automobile industry curbing motor vehicle output, further
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