Reflecting low interest rates and solid demand, the National Association of Home Builders released a report on Tuesday showing an unexpected improvement in U.S. homebuilder confidence in the month of September.The report said the NAHB/Wells Fargo Housing Market Index inched up to 68 in September from an upwardly revised August reading of 67. Economists had expected the index to come in unchanged c...
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.