Builder confidence in the market for newly built single-family homes dropped further in March, declining from 42 in February to 39 in March, the National Association of Home Builders (NAHB)/Wells Fargo said in a release on Monday. Current sales conditions fell 3 points to 43, while sales...
Seasonally adjusted advance estimates of retail and food services sales in the United States saw a monthly increase of 0.2% to reach $722.7 billion in February, the US Census Bureau revealed in its report on Monday. The retail and food services sales advanced by 3.1% annually.Total sales for the...
The Organization for Economic Co-operation and Development (OECD) estimated global economic growth in its interim report on Monday at 3.1% in 2025, down from 3.3% previously. The 2026 growth is seen at 3% compared to 3.3% in its previous report. The United States is forecast to grow 2.2%...
The Munich-based Institute for Economic Research (Ifo) revised down on Monday its forecast for Germany's economic growth in 2025 by 0.2 percentage points to 0.2%."While the construction and manufacturing sectors are deep in recession, the economic output of public service providers...
Italy's annual inflation stood at 1.6% in February, the country's National Statistics Office (INE) said in its final report on Monday. The figure was revised from the preliminary reading of 1.7% and up from January's figure of 1.5%. The monthly rise in the consumer price index (CPI) was unchanged from...
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