U.S. wholesale inventories rose 0.5% in February compared with January. When compared with February 2023, these total inventories declined 1.5%, the U.S. Census Bureau said in a Wednesday (April 10) press release. The monthly rise in wholesale inventories was expected by economists polled by Reuters, the media outlet reported Wednesday....
Real incomes are falling, and for the paycheck-to-paycheck economy, the struggle to meet monthly obligations will continue to be a challenge at best — and at worst, an impossibility. The U.S. Census Bureau announced this week that real median household income fell by 2.3% from $76,330...
The U.S. goods and services deficit widened to $74.4 billion in March, rising $3.9 billion from $70.5 billion in February, according to data released on Tuesday (May 4) by the U.S. Census Bureau and the U.S. Bureau of Economic Analysis. The bureaus reported that March...
The U.S. Census Bureau reported on Friday (Jan. 15) that advance estimates of U.S. retail and food services sales for December 2020 fell 0.7 percent from November 2020 but they were 2.9 percent higher than December 2019, according to a press release. The estimates took into...
July 16, 2024
A flat June reading for retail sales can be a tossup in terms of getting a sense of how the consumer is faring. The data released Tuesday (July 16) may have come in better than expected — economists had been looking for a month-over-month decline of 0.3% — but digging into the numbers reveals some […]
April 10, 2024
U.S. wholesale inventories rose 0.5% in February compared with January. When compared with February 2023, these total inventories declined 1.5%, the U.S. Census Bureau said in a Wednesday (April 10) press release. The monthly rise in wholesale inventories was expected by economists polled by Reuters, the media outlet reported Wednesday. The rebound in these inventories — which fell 0.2% in […]
May 04, 2021
The U.S. goods and services deficit widened to $74.4 billion in March, rising $3.9 billion from $70.5 billion in February, according to data released on Tuesday (May 4) by the...
January 15, 2021
The U.S. Census Bureau reported on Friday (Jan. 15) that advance estimates of U.S. retail and food services sales for December 2020 fell 0.7 percent from November 2020 but they...
November 25, 2020
In a splash of good news for the coronavirus-battered economy, new orders for durable goods rose 1.3 percent in October, new federal stats show. New orders for manufactured durable goods...
