The U.S. economic recovery is accelerating as stimulus money, Covid-19 vaccinations and business re-openings spur a spring surge in consumer spending, a sharp pullback in layoffs and a bounceback in factory output. Retail sales-- a measure of purchases at stores, at restaurants and online-- jumped 9.8% in March, the Commerce Department reported Thursday. The gain in consumer spending-- the biggest driver of economic activity-- came as the government began distributing hundreds of...
The following are forecasts for this week's remaining U.S. data from a survey compiled by The Wall Street Journal. Forecasts were last updated Monday afternoon. DATE TIME RELEASE PERIOD CONSENSUS PREVIOUS Friday 0830 Housing Starts Mar 1.62 M 1.421 M-- percent change Mar +14.0% -10.3% 0830 Building Permits Mar 1.75 M 1.682 M-- percent change Mar +4.0% -10.8% 1000 Consumer Sentiment Apr 89.0 84.9** March Final Reading.
A new industry sector snapshot report released today by the Aluminum Association shows positive environmental impact trendlines for the U.S. aluminum industry on virtually every measure over the past 25 years. A graphic summary of the full report is available here.
The dollar index edged higher
on Thursday in choppy trading as investors balanced bullish data
showing U.S. retail sales rebounded sharply in March against a
continued drop in U.S. Treasury yields.
U.S. Treasury yields fell on
Thursday despite better-than-expected March retail sales data
and a bigger-than-projected drop in initial jobless claims, as
the economy fueled by the COVID-19 vaccine ...
U.S. shoppers boosted retail spending by nearly 10% in March as federal-stimulus funds made their way to households, warmer weather set in and the economy reopened more fully from pandemic-related restrictions. Retail sales-- a measure of purchases at stores, at restaurants and online-- jumped 9.8% last month, the Commerce Department reported Thursday. The increase was the largest monthly gain since last May, during the initial bounceback from lockdowns early in the pandemic.
Sage, the market leader in cloud business management solutions, today launches a new report in partnership with IDG entitled: Global distributors transform to adapt, survive and thrive.
ModelOp, the pioneer of ModelOps software for major enterprises, today announces release of the first annual State of ModelOps report. The report is based on interviews with 100 executives from top global financial services companies in early 2021, providing a unique snapshot of the practices and future plans of large enterprises to govern and scale mission-critical AI initiatives.
U.S. retail sales rose by the most in 10 months in March as Americans received additional pandemic relief checks from the government and increased COVID-19 vaccinations allowed broader economic re-engagement, cementing expectations for robust growth in the first quarter.
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