December 2024 News

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, despite a 2% annual increase. Trade sales and manufacturers' shipments saw a 0.8% monthly and 3.1% year...

US Wholesale Inventories Witness a 0.5% Decline in December, Signaling Economic Shifts

In December 2024, US wholesale inventories fell by 0.5%, aligning with expectations, while sales increased by 1%. The inventory-to-sales ratio also adjusted, indicating a shift tow...

December Sees a 0.5% Dip in US Wholesale Inventories, Aligning with Forecasts

In December 2024, US wholesale inventories decreased by 0.5%, aligning with expectations, while sales of merchant wholesalers grew by 1% from November. The inventory-to-sales ratio...

December Sees a 0.5% Drop in US Wholesale Inventories, Reflecting Economic Trends

US wholesale inventories decreased by 0.5% in December 2024, totaling $898.5 billion, in line with expectations. Merchant wholesalers' sales grew by 1% from November and 2.8% year-...

December Sees a 0.5% Drop in US Wholesale Inventories, Signaling Economic Shifts

US wholesale inventories fell by 0.5% in December 2024, totaling $898.5 billion, closely matching expectations. Despite this, merchant wholesalers' sales grew by 1% from November a...

December Sees a 0.5% Drop in US Wholesale Inventories, Signaling Economic Shifts

In December 2024, US wholesale inventories fell by 0.5% to $898.5 billion, aligning with expectations. Meanwhile, sales of merchant wholesalers rose by 1% from November, showcasing...

December Sees a 0.5% Dip in US Wholesale Inventories, Aligning with Expectations

In December 2024, US wholesale inventories decreased by 0.5%, aligning with expectations. Merchant wholesalers' sales grew by 1% from November, with a 2.8% increase year-over-year....

US Wholesale Inventories See a 0.5% Dip in December, Aligning with Market Expectations

In December 2024, US wholesale inventories decreased by 0.5%, aligning with expectations. Merchant wholesalers' sales grew by 1% from November and 2.8% year-over-year, with the inv...

December Sees a 0.5% Drop in US Wholesale Inventories, Aligning with Expectations

In December 2024, US wholesale inventories fell by 0.5% to $898.5 billion, aligning with expectations. Merchant wholesalers' sales grew by 1% from November, with the inventory-to-s...

December Sees a 0.5% Rise in US Construction Spending, Reaching $2.19 Trillion

US construction spending rose by 0.5% in December, totaling $2.19 trillion, with private construction leading the growth. The sector showed a 4.3% annual increase, reflecting stron...

December 2024 Sees a 1.1% Surge in Italian Producer Prices: A Closer Look

In December 2024, Italy's Producer Price Index rose by 1.1% year-on-year, with the wood, paper, and printing industry leading the growth. The refined petroleum products sector, how...

December Sees a Sharp 5.5% Drop in US Pending Home Sales, NAR Reports

In December 2024, US pending home sales fell by 5.5%, with the Northeast and South regions experiencing significant drops. NAR Chief Economist Lawrence Yun notes the setback reflec...

Eurozone Faces Slight Uptick in Unemployment, Reaching 6.3% in December 2024

The Eurozone's unemployment rate slightly increased to 6.3% in December 2024, with Spain and Greece facing the highest rates, while Czechia, Malta, and Poland reported the lowest f...

Italy's Unemployment Rate Climbs to 6.2% in December, Surpassing Expectations

Italy's unemployment rate rose to 6.2% in December, exceeding expectations. Employment rates showed a mixed trend, with a slight increase among men but a decrease among women. Over...

December Sees a 3.6% Surge in US New Home Sales, Signaling Strong Market Momentum

US new home sales in December 2024 showed a 3.6% increase from the previous month and a 6.7% rise year-on-year, with median and average sales prices at $427,000 and $513,600 respec...

December Sees a 3.6% Surge in US New Home Sales, Marking a Robust End to 2024

US new home sales experienced a 3.6% increase in December 2024, with a 6.7% annual growth. Median and average sales prices were $427,000 and $513,600, respectively, with an 8.5-mon...

December 2024 Sees Consumer Price Inflation Dip to Four-Month Low at 5.22%

Consumer price inflation in December 2024 fell to a four-month low of 5.22%, down from 5.48% in November, mainly due to lower food prices. The Reserve Bank of India adjusted its in...

December Sees a 33% Drop in US Job Cuts: A Glimpse into 2024's Employment Landscape

December saw a 33% decrease in US job cuts to 38,792, with 2024 marking a high of 761,358 cuts, led by the technology sector. Employers anticipate more uncertainty, affecting hirin...

Italy's Service Sector Shows Signs of Recovery in December, But Challenges Remain

Italy's service sector saw a slight recovery in December 2024, with the HCOB Italy Services PMI rising to 50.7. However, challenges such as fragile demand conditions and reduced ex...

Mahindra & Mahindra Achieves Record 16% Surge in Automotive Sales for December 2024

Mahindra & Mahindra reports a significant 16% increase in automotive sales for December 2024, with notable growth in both domestic and international markets. The company also celeb...