U.S. exports grew by 5.5 percent in January while imports rose by just 0.7 percent, resulting in a monthly trade deficit of $54.5 billion, 25 percent less than in December, the U.S. commerce department reported.
Tag: U.S. Economy
U.S. INFLATION STAYS FLAT IN FEBRUARY. THAT WAS BEFORE THE WAR.
In February, the annual U.S. headline inflation rate was 2.4 percent, the same as in January, the U.S. labor department reported. Core inflation, which ignores food and energy costs, was paced at 2.5 percent, aligned with economists’ expectations.
MORTGAGE INTEREST RATES JUMP AS WAR RAISES BOND RATES
Last week, the average U.S. national interest rate on a 30-year, fixed-rate mortgage reached 6.41 percent, Mortgage News Daily (MND) reported, the highest rate since last September.
U.S. GDP GROWTH IN 2025 FOURTH QUARTER WAS LESS THAN THOUGHT
The U.S. economy grew by a scant 0.7 percent in last year’s final three months, the commerce department’s Bureau of Economic Analysis reported last week.
ECONOMIC UPDATE
As we have detailed, as trend forecasters it’s not what you like, don’t like, want, don’t want, it’s what is.
U.S. ECONOMY LOOSES 92,000 JOBS IN FEBRUARY
The U.S. economy became 92,000 nonfarm jobs smaller in February and the unemployment rate edged up from 4.3 percent to 4.4 percent, the U.S. labor department reported.
ECONOMIC UPDATE
The equity markets are up, the equity markets are down. Oil prices are up, oil prices are down. Gold and silver prices are up, gold and silver prices are down.
SPOTLIGHT: BIGS GETTING BIGGER
Four investment managers have pooled resources to buy AES, a Virginia-based electric power producer operating in 14 countries.
FEARING AI, TOP EARNERS CLING TO THEIR JOBS
Job worries among American workers are close to a record high, a new poll by the Federal Reserve Bank of New York discovered.
FINANCIAL STOCKS STUMBLE OVER FEARS IN CREDIT MARKET
Bank and asset management stocks took a beating recently after investors panicked over threats that AI will usurp financial advisory services.









