Economic Indicators News

. People shop at a street fair near Times Square in New York City, U.S., July 11, 2021. /Jeenah Moon/File PhotoBy Lucia Mutikani WASHINGTON U.S. business activity grew at a moderate pace for a second straight month in July amid supply constraints, suggesting a cooling in economic activity after what was expected to have been a robust second quarter. Data firm

. Soybeans stocks are seen in Rio Verde, Goias state, Brazil January 31, 2019. /Jose Roberto GomesBy Hallie Gu and Gavin Maguire BEIJING/SINGAPORE China's soybean imports are set to slow sharply in late 2021 from a record first-half tally, confounding expectations for sustained growth from the top global buyer and denting market sentiment just as U.S. farmers

. A person exits Bank underground station in the City of London financial district, in London, Britain, June 11, 2021. /Henry NichollsBy David Milliken LONDON Britain's rapid economic bounce-back from the coronavirus pandemic slowed sharply in July as a new wave of cases forced hundreds of thousands of workers to self-isolate under government rules to limit th

. A worker assembles a vehicle at the Knaus-Tabbert AG factory in Jandelsbrunn near Passau, Germany, March 16, 2021. /Andreas GebertLONDON Euro zone business activity expanded at its fastest monthly pace in over two decades in July as the loosening of more COVID-19 restrictions gave a boost to services but fears of another wave of infections hit business confi

. The skyline with the financial district is photographed during sunset in Frankfurt, Germany, April 22, 2020, as the spread of the coronavirus disease (COVID-19) continues. /Kai PfaffenbachBERLIN The German economy continued its strong recovery in July with IHS Markit's flash composite Purchasing Managers' Index (PMI) hitting its highest level in nearly a qua

. A staff member works during preparations for the reopening of a Fnac store in Paris as part of an easing of the country's lockdown restrictions amid the coronavirus disease (COVID-19) outbreak in France, May 18, 2021. /Sarah MeyssonnierPARIS French business activity weakened by more than forecast in July compared to June, and fell to a three-month low as sho

2/2Reuters. Soccer FootballEuro 2020FinalFans gather for Italy v EnglandLondon, BritainJuly 11, 2021 England fans react while watching the match at Trafalgar Square /Henry Nicholls/File photo2/2LONDON British retail sales resumed their post-lockdown recovery in June after a surprise fall in May, as soccer fans watching the Euro 2020 tournament loaded u

. Real estate signs advertise new homes for sale in multiple new developments in York County, South Carolina, U.S., February 29, 2020. /Lucas Jackson/File PhotoBy Stephen Culp NEW YORK The U.S. housing market appears to be straining under the weight of its own pandemic-driven success. Recent data shows the sector is returning from the stratosphere and coming b

2/2Reuters. People line up outside a newly reopened career center for in-person appointments in Louisville, U.S., April 15, 2021. /Amira Karaoud/File Photo2/2By Lucia Mutikani WASHINGTON The number of Americans filing new claims for unemployment benefits rose to a two-month high last week, a reminder that the labor market was far from being out of the woods as the n

. Shoppers carry bags of purchased merchandise at the King of Prussia Mall, United States' largest retail shopping space, in King of Prussia, Pennsylvania, U.S., December 8, 2018. /Mark Makela/File PhotoBy Evan Sully A gauge of future U.S. economic activity increased in June, suggesting the economy continued to recover from the recession caused by the novel co

. A "For Sale" sign is posted outside a residential home in the Queen Anne neighborhood of Seattle, Washington, U.S. May 14, 2021. /Karen Ducey/File PhotoWASHINGTON U.S. home sales rebounded in June after four straight monthly declines, but the pace was moderate as higher prices and low inventory remained constraints. Existing home sales increased 1.4% to a se

2/2Reuters. People line up outside a newly reopened career center for in-person appointments in Louisville, U.S., April 15, 2021. /Amira Karaoud/File Photo2/2By Lucia Mutikani WASHINGTON The number of Americans filing new claims for jobless benefits rose to a two-month high last week, a reminder that the labor market was far from being out of the woods as the nation

Surprise Gain in Jobless Claims Shows U.S. Labor Market Churn -- Applications for U.S. state unemployment insurance rose unexpectedly last week by the most since late March, underscoring week-to-week volatility in an otherwise improving labor market.Initial jobless claims in regular state programs totaled 419,000 in the week ended July 17, up 51,000 from the prior week, Labor De

. Chinese Vice Premier Han Zheng attends the closing session of the Chinese People's Political Consultative Conference (CPPCC) at the Great Hall of the People in Beijing, China May 27, 2020. /Thomas Peter/PoolBEIJING China will not use the property market as a vehicle for short term economic stimulus, state television quoted Vice Premier Han Zheng as saying on

. Machines produced by Bruderer Uk Ltd are seen inside the company's factory in Luton, Britain, January 24, 2020. Picture taken January 24, 2020. /Henry NichollsBy William Schomberg LONDON -British manufacturers' expectations for output growth over the next three months are the strongest on record as the economy bounces back from its coronavirus pandemic lockdow

. Machines produced by Bruderer Uk Ltd are seen inside the company's factory in Luton, Britain, January 24, 2020. Picture taken January 24, 2020. /Henry NichollsLONDON British manufacturers' expectations for growth in output over the next three months is the strongest on record as the economy bounces back from the coronavirus pandemic lockdowns, the Confederat

2/2Reuters. Real estate signs advertise new homes for sale in multiple new developments in York County, South Carolina, U.S., February 29, 2020. /Lucas Jackson/File Photo2/2By Lucia MutikaniWASHINGTON U.S. homebuilding increased more than expected in June, but permits for future home construction fell to an eight-month low, likely reflecting hesitancy caused by expen

. A "For Sale" sign is posted outside a residential home in the Queen Anne neighborhood of Seattle, Washington, U.S. May 14, 2021. /Karen Ducey/File PhotoBy Evan Sully The number of applications for U.S. home mortgages declined last week, driven by a decrease in both refinancing and purchase activity as mortgage rates rose. The Mortgage Bankers Association (M

. A customer shops at a Victoria supermarket operated by Russian food retailer Dixy Group in Moscow, Russia, October 20, 2016. /Maxim ZmeyevMOSCOW Russia's annual inflation slightly slowed to 6.5% as of July 19, from 6.56% as of July 12, the economy ministry said on Wednesday, two days before the central bank's rate-setting meeting. The bank, which hiked rate

2/2Reuters. U.S. President Joe Biden visits IBEW/NECA union electrician training center in Cincinnati, Ohio, U.S., July 21, 2021. /Jonathan Ernst2/2By Andrea Shalal and Jarrett Renshaw CINCINNATI -President Joe Biden pleaded with Americans on Wednesday to get vaccinated, as rising COVID-19 cases threaten to undermine progress against the pandemic and slow the country's economic re

2/2Reuters. U.S. President Joe Biden visits IBEW/NECA union electrician training center in Cincinnati, Ohio, U.S., July 21, 2021. /Jonathan Ernst2/2By Andrea Shalal CINCINNATI -President Joe Biden pleaded with skeptical Americans on Wednesday to get vaccinated, as rising COVID-19 cases threaten to undermine progress against the pandemic and slow the country's economic rebound. "L

. U.S. President Joe Biden visits IBEW/NECA union electrician training center in Cincinnati, Ohio, U.S., July 21, 2021. /Jonathan ErnstBy Andrea Shalal CINCINNATI -President Joe Biden kicked off his town hall in a Republican-supporting part of Ohio on Wednesday with a plea to skeptical Americans to get vaccinated, as rising COVID-19 cases threaten to undermine the country's

3/3Reuters. Prime Minister of Spain Pedro Sanchez speaks during a NEXT Newsmaker event at Instituto Cervantes in Manhattan, New York City, U.S., July 21, 2021. /Andrew Kelly2/3NEW YORK Spain's recovery plan needs the support of U.S. investment, Socialist Prime Minister Pedro Sanchez said in a Newsmaker event during a trip to the United States where he highlighted

TORONTO Canada's national statistics agency on Wednesday revealed new weights for the basket of goods and services in the Consumer Price Index (CPI), with shifts including a higher weighting for the shelter component as housing prices soar. The updated basket weights represent consumer spending patterns in 2020, during the coronavirus pandemic, and will be incorporated into June 2021

. Combines harvest wheat in a field near the village of Suvorovskaya in Stavropol Region, Russia July 17, 2021. /Eduard KorniyenkoBy Polina Devitt and Darya Korsunskaya MOSCOW During a televised session with ordinary Russians last month, a woman pressed President Vladimir Putin on high food prices. Valentina Sleptsova challenged the president on why bananas fr