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Author Archives: Top News Editor

U.S. Construction Spending Unexpectedly Drops 0.6% In July

Partly reflecting a steep drop in spending on public construction, the Commerce Department released a report on Friday showing an unexpected decrease in U.S. construction spending in the month of July. The report said construction spending fell by 0.6 percent. ...

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U.S. Job Growth Falls Well Short Of Estimates In August

Job growth in the U.S. came in well below economist estimates in the month of August, according to a closely watched report released by the Labor Department on Friday. The Labor Department said non-farm payroll employment climbed by 156,000 jobs ...

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UK Factory Activity Gathers Pace In August

The UK manufacturing sector expanded at the fastest pace in four months in August driven by new orders, amid broad based expansion across all product categories. The IHS Markit/CIPS Purchasing Managers’ Index rose unexpectedly to 56.9 in August from 55.3 ...

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India GDP Growth At 3-year Low

India’s economic growth slowed to its lowest level in three years during the June quarter as activity was impacted by the roll out of the Goods and Sales tax in an economy that continued to reel under the strain of ...

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U.S. Pending Home Sales Unexpectedly Drop 0.8% In July

With inventory woes throughout the country continuing to stall contract activity, the National Association of Realtors released a report on Thursday showing an unexpected drop in pending home sales in the U.S. in the month of July. NAR said its ...

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