China's economy performed better than expected in July with inflation stable and industrial production strengthened. China's consumer price index, the main gauge of inflation, grew 2.7 percent from a year earlier in July, with retail ...
Tags: China's economy
Median home prices continued to rise in the majority of metropolitan areas in the second quarter, with the national year-over-year price showing the strongest gain in seven-and-a-half years, according to the latest quarterly report by the ...
Tags: Construction, Decoration
A total of 247 metropolitan areas across 49 states and the District of Columbia qualified for inclusion on the National Association of Home Builders/First American Improving Markets Index (IMI) for August, released recently. While this is ...
Tags: Construction, Decoration
The HSBC purchasing managers' index (PMI) for China declined to 47.7 in July from 48.2 in June, declining for a third straight month to its lowest reading since August 2012.A reading below 50 indicates a contraction of activity while one ...
Tags: HSBC China
With slower than expected activity in the nonresidential construction sector in the first half of the year, the projections for growth in spending have been scaled back. Led by the hotel and retail project categories, the commercial sector ...
With slower than expected activity in the nonresidential construction sector in the first half of the year, the projections for growth in spending have been scaled back. Led by the hotel and retail project categories, the commercial sector ...
Tags: Building Activity
The euro zone manufacturing sector returned to growth at the start of the third quarter, with production and new orders both increasing at the fastest rates since mid-2011. Markit's Eurozone Manufacturing Purchasing Managers Index (PMI) ...
Total nonfarm payroll employment increased by 162,000 in July, and the unemployment rate edged down to 7.4 percent from 7.6 percent in June, the US Bureau of Labor Statistics reported Friday. The unemployment rate in July was the lowest ...
Rising mortgage rates are showing no sign of derailing new-home sales. Single-family new-home sales rose 8.3 percent in June to the highest level since May 2008, the Commerce Department reported Wednesday. What's more, they were up 38.1 ...
Tags: Construction
The National Retail Federation issued the following statements from President and CEO Matthew Shay and Chief Economist Jack Kleinhenz on the July employment numbers. NRF pegged retail job gains at 37,000 in July, with increases in general ...
Tags: Retail Industry, Apparel
After adjusting for seasonal factors, the HSBC Purchasing Managers' Index (PMI) posted an eleven-month low of 47.7 in July, down from 48.2 in June, signaling a deterioration of business conditions for the third consecutive month, a company ...
Tags: Business Conditions, HSBC PMI
A forthcoming audit of overall government debt in China is expected to reveal the status quo of growing government debt and its potential risks amid the country's economic slowdown. The planned nationwide audit follows a previous one ...
Tags: Gov't Debt
After reaching the highest level in over six years, pending home sales declined in June, with rising mortgage interest rates beginning to impact the market, according to the National Association of Realtors. The Pending Home Sales Index, ...
Tags: Pending Home
The Architecture Billings Index (ABI) remained positive again in June after the first decline in ten months in April. As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lag time ...
In July this year, the China HSBC Flash Manufacturing Purchasing Managers Index (PMI) fell to an 11-month low of 47.7 from June's final reading of 48.2, marking the third straight month in which the index reading was below 50. A reading ...