US mortgage applications dropped by 8.5% amid rising interest rates and economic uncertainty, with the 30-year fixed-rate mortgage average climbing to 6.81%. MBA Chief Economist Mi...
The UN warns of a global economic slowdown, predicting growth could decelerate to 2.3% by 2025 due to trade tensions and policy uncertainties, with China outpacing the US, UK, and ...
US retail sales rose by 1.4% in March, reaching $734.9 billion, exceeding expectations. Year-over-year growth was 4.6%, with motor vehicle and parts dealers leading at 8.8% increas...
The WTO forecasts a 0.2% contraction in global merchandise trade for 2025, with North America's exports expected to plummet by 12.6%. A potential 1.5% decline looms if trade wars w...
In March, US industrial production decreased by 0.3%, influenced by a 5.8% drop in utilities due to warmer weather. Manufacturing and mining grew slightly, and business equipment s...
The Bank of Canada has kept its interest rate at 2.75% due to uncertainties from US tariff policies and global trade tensions, affecting economic growth and inflation expectations.
April sees a slight improvement in US home builder confidence, with current sales conditions improving but future expectations dipping. Prospective buyer traffic shows a minor incr...
In April, US home builder confidence slightly improved to 40, with current sales conditions rising to 45. However, future sales expectations dipped to 43, while prospective buyer t...
