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Retail and food services sales in the United States advanced by 0.2% in June compared to last month's figures, landing at $768.6 billion, the US Census Bureau revealed in its report published on Thursday. Meanwhile, compared to the corresponding month in 2025, the figure went up 6.7%. Total sales for the period April 2026 through June 2026 were up by 6.4% ...
Manufacturing activity in the region expanded overall, according to the firms responding to the June Manufacturing Business Outlook Survey. The surveys indicators for general activity and new orders rebounded into positive territory this month. The shipments index moved higher. The employment index also returned to positive territory, although most firms ...
In the week ending July 11, the advance figure for seasonally adjusted initial claims was 208,000, a decrease of 8,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 215,000 to 216,000. The 4-week moving average was 214,250, a decrease of 4,750 from the previous week's revised average. The previous week's ...
In May 2026, seasonally adjusted data, there was a modest increase in exports (+0.2%) and a rise in imports (+1.5%) compared with April 2026. Exports decreased for EU countries (-0.4%), whilst increased for non-EU countries (+0.8%). Imports decreased by -0.2% for EU area, whilst rose by +3.5% for non-EU area. Over the last quarter, compared with the ...
The first estimates of euro area balance showed a 7.8 bn deficit in trade in goods with the rest of the world in May 2026, compared with a surplus of 15.0 bn in May 2025. The euro area exports of goods to the rest of the world in May 2026 were 243.6 billion, an increase of 0.1% compared with May 2025 (243.5 bn). Imports from the rest of the world stood ...
From dw.com | 4 hr ago
Philippe Aghion is an expert in creative destruction. That's the term economists use when innovations disrupt whole industries and create new ones. Think steam engine, assembly line production and the IT revolution. Or now, artificial intelligence (AI). For his groundbreaking research on how technological innovation can drive long-term economic growth, ...
US Trade Representative Jamieson Greer discusses the Section 301 investigation on Brazil and says the US is now in a trade surplus with Switzerland. Speaking with Bloomberg's David Gura on "Asia Trade," Greer also says Chinas compliance is not perfect, when asked about a bilateral rare earths pact.
*BRAZIL TO INVOKE RECIPROCITY LAW TO CONTEST US TARIFFS: GOVT
Welcome to the St. Louis Fed and to the 34th Homer Jones Memorial Lecture. Thank you for joining us this evening. The Homer Jones Memorial Lecture has featured many distinguished speakers over the years. Today is no exception. Before I introduce our speaker, I want to share about the person for whom this lecture is named. Homer Jones was a transformational ...
While the FIFA World Cup provided a tourism boost to host cities, its positive impact was mitigated by economic weakness seen elsewhere, according to a Federal Reserve report released Wednesday. The soccer tournament, which the U.S. co-hosted, has fetched median admissions prices topping $900, according to TicketData. Yet the latest edition of the Feds ...
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