June 28, 2023 United States: US Merchandise-Trade Deficit Shrinks on Decline in Imports The US merchandise-trade deficit shrank in May by more than expected as the value of imports slid by the most in six months. The shortfall in goods trade narrowed 6.1% to $91.1 billion, Commerce Department data showed Wednesday. The figure, which
June 27, 2023 According to the United Nations Conference on Trade and Development (UNCTAD)'s Global Trade Update, trade growth for goods and services in the first quarter of 2023 was positive. Trade in goods rose by 1.9% from the last quarter of 2022, adding about $100 billion and global services trade went up by
June 27, 2023 United States: US Home Prices Recover Further as Buyers Battle for Tight Supply of Listings Home prices in the US rose for a third straight month, pushed up by growing buyer demand for a tight supply of listings. A national gauge of prices increased 0.5% in April from March, according to
June 26, 2023 United States: Where Stock Market Is Headed After Wild First Half: Five Charts As a dizzying first half for US stocks draws to a close, the Nasdaq 100 Index is poised for its best opening six months to a year ever, and Wall Street is growing concerned that the Federal Reserve
June 23, 2023 United States: US Economy Seen Skirting Recession But With Sticky Inflation The US economy is now expected to narrowly dodge a recession this year but underlying inflation will be faster than previously thought, according to the latest Bloomberg monthly survey of economists. Gross domestic product is now forecast to only contract
June 22, 2023 Total Construction For construction spending in April 2023, a seasonally adjusted annual rate of $1,908.4 billion was predicted. This represents a 1.2% increase when compared to the updated March forecast of $1,885.0 billion and a 7.2% increase relative to the April 2022 projection of $1,780.9 billion. In the first four months
June 22, 2023 United States: Distressed US Commercial Property Assets Swell to $64 Billion Distress is spreading in the US commercial real estate industry, with the amount of troubled assets climbing to nearly $64 billion in the first quarter of this year. The amount of distressed assets rose 10% in the first three months
June 21, 2023 United States: Fed’s Powell Says Higher Interest Rates Needed to Curb Inflation Federal Reserve Chair Jerome Powell said policymakers expect interest rates will need to move higher to reduce US growth to below its long-term trend and contain price pressures, with the timing of additional increases based on incoming data. “My
June 20, 2023 Mayberry Market Summary - 20.06.2023 Disclaimer: Analyst Certification – The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their
