The Conference Board’s Leading Economic Index (LEI) sank 0.3 of a percentage point last month, compounding January’s decline of 0.2 percent.
Tag: U.S. Economy
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ECONOMIC UPDATE—MARKET OVERVIEW
Another day in the U.S.A. is another day of economic and political uncertainty. And where it starts and stops nobody knows. As we continue to note, two of our Top Trends for 2025 are the Trump Card and the Wild Card, both of which are being played day-in and day-out.
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U.S. CONSUMERS CUT SPENDING AS MOOD CONTINUES TO DARKEN
Foot traffic in American brick-and-mortar stores was 4.3 percent less in early March than a year earlier, continuing a reduction in shopping that began early this year, research service RetailNext reported.
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SPOTLIGHT: BIGS GETTING BIGGER
Private equity firm BlackRock is leading a consortium that plans to purchase a controlling interest in the country of Panama’s ocean ports from Hong Kong-based C.K. Hutchison Holdings for $22.8 billion.
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SPOTLIGHT: RECESSION WATCH
As analysts read the economic entrails of last week’s market slide, one stock index shows a clear warning of a recession, economists told The Wall Street Journal.
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MAJOR U.S. AIRLINES FORECAST TRAVEL SLUMP
American, Delta, and United Airlines all see demand slowing for travel in the months ahead.
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CONFIDENCE AMONG SMALL BUSINESSES DROPS FOR THIRD STRAIGHT MONTH
In February, confidence in the present and future U.S. economy fell for the third consecutive month among small business owners responding to a survey by the National Federation of Independent Businesses (NFIB).
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INFLATION AND HIGH GOVERNMENT DEBT ARE LINKED, STUDY FINDS
When a government borrows to fund its programs, that puts pressure on consumer prices, according to research by Ernie Tedeschi, director of economics at Yale University’s Budget Lab and former chief economist for President Joe Biden’s White House Council of Economic Advisers.
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U.S. INFLATION SLOWS AS TARIFFS THREATEN TO REIGNITE IT
Inflation’s annual U.S. rate registered 2.8 percent in February, compared to 3 percent the month before, the Labor Department reported.
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U.S. BUDGET DEFICIT SURGES PAST $1 TRILLION TO SET YEAR-TO-DATE RECORD
In February, the U.S. budget deficit surpassed $1 trillion. February was only the fifth month of the federal government’s fiscal year, which begins 1 October.