January Sees a Sharp 0.9% Drop in US Retail Sales: A Closer Look
In January, US retail and food services sales dropped by 0.9% to $723.9 billion, marking a notable monthly decline. However, the sector showed resilience with a 4.2% year-over-year...
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January Sees a 0.5% Rise in US Industrial Production, Signaling Economic Resilience
US industrial production saw a 0.5% increase in January, with the utilities sector leading growth. Manufacturing and mining showed mixed results, while capacity utilization improve...
December Sees a 0.2% Dip in US Business Inventories, Signaling Economic Shifts
US business inventories fell by 0.2% in December, totaling $2,584.3 billion, a 2% increase from the previous year. Despite this, trade sales and manufacturers' shipments showed res...
President Trump Establishes Energy Dominance Council to Boost US Fossil Fuel Production
President Donald Trump has signed an executive order to establish the Energy Dominance Council, aiming to boost US fossil fuel production and strengthen the country's global energy...
President Trump Establishes Energy Dominance Council to Propel US Fossil Fuel Production
President Trump has signed an executive order to create the Energy Dominance Council, aimed at boosting US fossil fuel production. Additionally, he has approved a Commonwealth LNG ...
Swiss Economy Sees Modest Rise in Producer and Import Prices in January
In January, the Swiss Producer and Import Price Index saw a slight increase of 0.1%, influenced by higher prices in petroleum products, watches, and medical supplies, despite a dro...
Spain's Inflation Rate Adjusts Slightly to 2.9% in January, Driven by Housing and Transportation
Spain's inflation rate for January was revised to 2.9%, up from December's 2.8%, driven by higher transportation and housing prices. Monthly consumer prices increased by 0.2%, with...
Eurozone's Economy Shows Slight Growth in Q4 2024, Amidst Rising Unemployment
The Eurozone's GDP grew by 0.1% in Q4 2024, with the EU's economy expanding by 0.2%. Annual growth was 0.9% for the Eurozone and 1.1% for the EU. Unemployment rose slightly, indica...
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