Economic Indicators News

Economic Indicators News

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19 Oct

Foreign U.S. Treasury holdings rose in August but at slower pace

Foreign U.S. Treasury Holdings Rose In August But At Slower Pace

. Signage is seen at the United States Department of the Treasury headquarters in Washington, D.C., U.S., August 29, 2020. /Andrew Kelly/File PhotoBy Ross Kerber Foreign holdings of U.S. Treasuries rose for a fifth straight month in August and hit a record high, but the pace of increase slowed, data from the Treasury Department showed on Monday. Foreign invest

19 Oct

Analysis-As oil prices skyrocket, fund managers hop on board for the ride

Analysis-As Oil Prices Skyrocket, Fund Managers Hop On Board For The Ride

. Oil drills are pictured in the Kern River oil field in Bakersfield, California November 9, 2014. /Jonathan Alcorn/File PhotoBy David Randall NEW YORK A surge in oil prices is drawing fund managers back into shares of oil and gas companies, even as some remain unsure that the price gains will stick. Energy stocks in the S&P 500 are up 53.8% for the year t

19 Oct

U.S. homebuilding stumbles as supply constraints mount

U.S. Homebuilding Stumbles As Supply Constraints Mount

. A "For Sale" sign is posted outside a residential home in the Queen Anne neighborhood near the Space Needle in Seattle, Washington, U.S. May 14, 2021. /Karen DuceyBy Lucia Mutikani WASHINGTON U.S. homebuilding unexpectedly fell in September and permits dropped to a one-year low amid acute shortages of raw materials and labor, supporting expectations that eco

19 Oct

U.S. housing starts fall; permits hit one-year low as shortages bite

U.S. Housing Starts Fall; Permits Hit One-year Low As Shortages Bite

. A "For Sale" sign is posted outside a residential home in the Queen Anne neighborhood near the Space Needle in Seattle, Washington, U.S. May 14, 2021. /Karen DuceyBy Lucia Mutikani WASHINGTON -U.S. homebuilding unexpectedly fell in September and permits dropped to a one-year low amid acute shortages of raw materials and labor, strengthening expectations that e

19 Oct

China's EV sales expected to exceed 35% in 2025, Xpeng CEO says

China's EV Sales Expected To Exceed 35% In 2025, Xpeng CEO Says

. People look at XPeng's P7 sedan model displayed at the Guangzhou auto show in Guangzhou, Guangdong province, China November 22, 2019. /Yilei Sun/File PhotoBEIJING New energy vehicles (NEV) are expected to make up over 35% of new vehicle sales in China in 2025, He Xiaopeng, the chief executive of electric car maker Xpeng (NYSE:XPEV) Inc said at the Ev

19 Oct

U.S. housing starts, permits tumble in September

U.S. Housing Starts, Permits Tumble In September

. A "For Sale" sign is posted outside a residential home in the Queen Anne neighborhood near the Space Needle in Seattle, Washington, U.S. May 14, 2021. /Karen DuceyWASHINGTON U.S. homebuilding unexpectedly fell in September amid persistent shortages of inputs and labor that are crimping the housing market and overall economic activity. Housing starts dropped

19 Oct

U.S. Housing Starts Fell Last Month, Led by Multifamily Slowdown

U.S. Housing Starts Fell Last Month, Led By Multifamily Slowdown

. A contractor works on the roof of a house under construction in the Stillpointe subdivision in Sumter, South Carolina, U.S., on Tuesday, July 6, 2021. U.S. pending home sales unexpectedly rose in May by the most in nearly a year as low borrowing costs paired with increased listings bolstered demand. -- U.S. housing starts decreased in September, driven by a pullback in multif

19 Oct

Africa's glaciers to melt, millions of poor face drought, floods, U.N. says

Africa's Glaciers To Melt, Millions Of Poor Face Drought, Floods, U.N. Says

2/2Reuters. Mount Kenya is seen from the Ol Pejeta Conservancy in Laikipia national park, Kenya, May 22 , 2019. /Baz Ratner/File Photo2/2By Tim Cocks JOHANNESBURG Africa's fabled eastern glaciers will vanish in two decades, 118 million poor people face immanent drought, floods or extreme heat, and climate change could also shave 3% off continental GDP by mid-century,

18 Oct

Chip shortages, Hurricane Ida weigh on U.S. factory output; demand remains strong

Chip Shortages, Hurricane Ida Weigh On U.S. Factory Output; Demand Remains Strong

. Autonomous robots assemble an X model SUV at the BMW manufacturing facility in Greer, South Carolina, U.S. November 4, 2019. /Charles Mostoller By Lucia Mutikani WASHINGTON Production at U.S. factories fell by the most in seven months in September as an ongoing global shortage of semiconductors depressed motor vehicle output, further evidence that supply con

18 Oct

Chip shortages, Hurricane Ida depress U.S. manufacturing production

Chip Shortages, Hurricane Ida Depress U.S. Manufacturing Production

. Autonomous robots assemble an X model SUV at the BMW manufacturing facility in Greer, South Carolina, U.S. November 4, 2019. /Charles Mostoller By Lucia Mutikani WASHINGTON -Production at U.S. factories fell by the most in seven months in September as an ongoing global shortage of semiconductors depressed motor vehicle output, further evidence that supply cons

18 Oct

No place to hide: investors to trawl Europe's Q3 earnings for inflation clues

No Place To Hide: Investors To Trawl Europe's Q3 Earnings For Inflation Clues

. Bull and bear symbols for successful and bad trading are seen in front of the German stock exchange (Deutsche Boerse) in Frankfurt, Germany, February 12, 2019. /Kai Pfaffenbach/By Julien Ponthus and Danilo Masoni LONDON As Europe's third quarter reporting season kicks into gear, investors are scrutinising company results for any signs that supply chain strai

18 Oct

U.S. homebuilder confidence unexpectedly rises in October, survey shows

U.S. Homebuilder Confidence Unexpectedly Rises In October, Survey Shows

2/2Reuters. Newly constructed single family homes are shown for sale in Encinitas, California, U.S., July 31, 2019. /Mike Blake 2/2Confidence among U.S. single-family homebuilders rose by the most in nearly a year in October as customer traffic improved for a second straight month, although builders remain concerned that the shortages that are driving up materials pr

18 Oct

U.S. manufacturing output declines in September

U.S. Manufacturing Output Declines In September

. Autonomous robots assemble an X model SUV at the BMW manufacturing facility in Greer, South Carolina, U.S. November 4, 2019. /Charles Mostoller WASHINGTON Production at U.S. factories unexpectedly fell in September as motor vehicle output slumped amid an ongoing global shortage of semiconductors. Manufacturing output dropped 0.7% last month, the Federal Rese

18 Oct

Analysis-Echoing the opposition, Japan's Kishida woos voters with Abenomics critique

Analysis-Echoing The Opposition, Japan's Kishida Woos Voters With Abenomics Critique

. Japan's Prime Minister Fumio Kishida, who is also the ruling Liberal Democratic Party President, attends a debate session with other leaders of Japan's main political parties ahead of October 31, 2021 lower house election, at the Japan National Press ClubBy Linda Sieg TOKYO Japanese Prime Minister Fumio Kishida is seeking to steal opposition thunder at this month's general ele

18 Oct

Taiwan Sept export orders seen rising for 19th month on robust chip demand: Reuters poll

Taiwan Sept Export Orders Seen Rising For 19th Month On Robust Chip Demand: Reuters Poll

. Shipping containers are seen at Keelung port, northern Taiwan, March 20, 2016. /Tyrone SiuTAIPEI Taiwan's export orders likely rose in September for the 19th straight month, a poll showed on Monday, buoyed by strong chip demand as the world emerges from the pandemic, while the year-end holiday shopping season also aided sentiment. The median forecast

18 Oct

China’s Economic Growth Slows Down, but Retail Sales Up

China’s Economic Growth Slows Down, But Retail Sales Up

. By Gina – China’s economy grew at its slowest pace in a year in the third quarter of 2021, with a global energy crunch, supply chain bottlenecks, and an unsteady property market also adding pressure on policymakers to bolster a faltering economic recovery.Data released earlier in the day said that the GDP grew 0.2% quarter-on-quarter, against the 0.5% growth in forecasts prepared by

18 Oct

China's economy stumbles on power crunch, property woes

China's Economy Stumbles On Power Crunch, Property Woes

2/2Reuters. Workers labour at a construction site in Shanghai, China July 12, 2021. Picture taken July 12, 2021. /Aly Song2/2By Kevin Yao and Gabriel Crossley BEIJING -China's economy hit its slowest pace of growth in a year in the third quarter, hurt by power shortages, supply chain bottlenecks and major wobbles in the property market and raising pressure on policymak

18 Oct

China's plunging construction starts reminiscent of 2015 downturn

China's Plunging Construction Starts Reminiscent Of 2015 Downturn

. A man rides a bicycle next to a construction site near residential buildings in Beijing, China, January 13, 2021. /Tingshu WangBy Liangping Gao and Ryan Woo BEIJING -China's September new construction starts slumped for a sixth straight month, the longest spate of monthly declines since 2015, as cash-strapped developers put a pause on projects in the wake of t

18 Oct

China's GDP growth hits 1-year low as power crunch, bottlenecks choke output

China's GDP Growth Hits 1-year Low As Power Crunch, Bottlenecks Choke Output

2/2Reuters. Workers labour at a construction site in Shanghai, China July 12, 2021. Picture taken July 12, 2021. /Aly Song2/2By Kevin Yao and Gabriel Crossley BEIJING -China's economy grew at the slowest pace in a year in the third quarter, hurt by power shortages, supply bottlenecks and sporadic COVID-19 outbreaks and raising heat on policymakers amid rising jitters o

18 Oct

China's new construction starts plunge as chill spreads across sector

China's New Construction Starts Plunge As Chill Spreads Across Sector

. A man rides a bicycle next to a construction site near residential buildings in Beijing, China, January 13, 2021. /Tingshu WangBEIJING China's September new construction starts slumped for a sixth straight month, the longest spate of monthly declines since 2015, as cash-strapped developers reined in investment and put a pause on projects following tighter re

18 Oct

Instantview: China Q3 GDP growth hits 1-year low, raising heat on policymakers

Instantview: China Q3 GDP Growth Hits 1-year Low, Raising Heat On Policymakers

. People walk in Lujiazui financial district during sunset in Pudong, Shanghai, China July 13, 2021. /Aly SongChina's economy grew at the slowest pace in a year in the third quarter, hurt by power shortages, supply bottlenecks and sporadic COVID-19 outbreaks and raising heat on policymakers amid rising jitters over the property sector. Data released on Monday

18 Oct

China's Sept industrial output rises 3.1% y/y, misses forecasts

China's Sept Industrial Output Rises 3.1% Y/y, Misses Forecasts

. A worker wearing a face mask works on a production line manufacturing bicycle steel rim at a factory, as the country is hit by the novel coronavirus outbreak, in Hangzhou, Zhejiang province, China March 2, 2020. China Daily via /File PhBEIJING China's industrial output rose 3.1% in September from a year earlier, missing expectations, and slowing from 5.3% in

18 Oct

China Q3 GDP growth hits 1-year low, raising heat on policymakers

China Q3 GDP Growth Hits 1-year Low, Raising Heat On Policymakers

. Workers labour at a construction site in Shanghai, China July 12, 2021. Picture taken July 12, 2021. /Aly SongBy Kevin Yao BEIJING China's economy grew at the slowest pace in a year in the third quarter, hurt by power shortages, supply bottlenecks and sporadic COVID-19 outbreaks and raising heat on policymakers amid rising jitters over the property sector. D

18 Oct

China Q3 GDP growth seen hitting 1-year low, raising heat on policymakers

China Q3 GDP Growth Seen Hitting 1-year Low, Raising Heat On Policymakers

. Workers labour at a construction site in Shanghai, China July 12, 2021. Picture taken July 12, 2021. /Aly SongBy Kevin Yao BEIJING China's economy likely grew at the slowest pace in a year in the third quarter, hurt by power shortages, supply bottlenecks and sporadic COVID-19 outbreaks and raising heat on policymakers amid rising jitters over the property se

17 Oct

New Zealand inflation surges at fastest pace in over a decade

New Zealand Inflation Surges At Fastest Pace In Over A Decade

. Shoppers are seen at a mall in Wellington, New Zealand July 16, 2020. Picture taken July 16, 2020. /Praveen MenonBy Praveen Menon WELLINGTON -New Zealand's Consumer Price Index (CPI) rose 2.2% in the third quarter, beating expectations and surging at the fastest pace in over a decade driven by housing-related costs and other supply constraints, data released o