US Economy Maintained Steady Growth
The US economy sustained an annual growth rate of 3% in the second quarter of 2024, matching previous estimates and significantly outpacing the 1.6% growth recorded in the first quarter. This steady pace highlights the resilience of the American economy...
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Durable Goods Orders in the US!
In August 2024, new orders for durable goods in the United States remained nearly unchanged from the previous month, maintaining the robust 9.8% increase seen in July. This surge in July marked the highest monthly rise in durable goods orders...
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German Consumer Confidence Index Rises
The GfK Consumer Climate Index for Germany has risen to -21.2 on the eve of October 2024, reflecting a modest improvement from the previously revised figure of -21.9. The index’s increase surpasses market expectations, which had forecast a slightly lower...
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Significant Decline in US Crude Oil Inventories
In the week ending September 20, 2024, US crude oil inventories experienced a substantial decline of 4.471 million barrels, significantly exceeding market expectations of a 1.4 million barrel decrease. This sharp drop follows a previous decline of 1.63 million barrels...
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Decline in US Home Sales!
Sales of new single-family homes in the United States fell by 4.7% in August 2024 compared to the previous month, reaching a seasonally adjusted annual rate of 716,000 units. This decline comes after a robust revised growth of 10.3% in...
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