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Author Archives: Top News Editor

U.S. Construction Spending Inches Higher In March

A report released by the Commerce Department on Monday showed a modest increase in U.S. construction spending in the month of March. The Commerce Department said construction spending inched up by 0.1 percent to an annual rate or $1.731 trillion ...

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Eurozone Manufacturing Growth At 15-Month Low

Eurozone manufacturing activity grew at the slowest pace in more than a year in April amid sustained supply-side pressures and disruptions to demand and production due to the ongoing war in Ukraine, survey data from S&P Global showed on Monday. ...

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Eurozone Economic Confidence Unexpectedly Weakens In April

Eurozone economic confidence unexpectedly weakened in April driven by worsening sentiment in industry, retail trade, construction and among consumers, survey results from the European Commission showed on Monday. The economic confidence index dropped to 105.0 in April from 106.7 in ...

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Eurozone Economy Grows In Q1, Inflation Sets New High

Eurozone economy grew in the first quarter of the year, while inflation continued to accelerate to set a new record high, presenting a complicated outlook to the European Central Bank that is trying to end stimulus and start raising rates ...

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German GDP Grows More Than Expected In Q1

Germany’s economy expanded at a faster than expected pace in the first quarter after shrinking in the previous three months, but rising inflation and the impact of the war in Ukraine have damped the outlook. Read Full Story

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French Inflation Sets New Record

France’s consumer price inflation and producer price growth accelerated further to set a new records, driven by energy prices and supply disruptions due to the war in Ukraine, and the economic output failed to grow in the first quarter, raising ...

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