Economic News, US Economic News, Global Economic News, Economic Calendar

U.S.

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*The economic data chart is for the U.S.

U.S. Job Growth Falls Well Short Of Estimates In April

Employment in the U.S. increased by far less than expected in the month of April, according to a closely watched report released by the Labor Department on Friday. The report said non-farm payroll employment rose by 266,000 jobs in April after surging by a downwardly revised 770,000 jobs in March. Read more...

Spain's Industrial Production Rebounds In March

Spain's industrial production rebounded in March underpinned a sharp growth in durable consumer goods output, the statistical office INE said Friday. Industrial production logged a double-digit annual growth of 12.4 percent versus the 2.3 percent decrease in February. This was the first expansion... Read more...

Malaysia's Central Bank Keeps Rate On Hold

Malaysia's central bank decided to keep the rate unchanged as policymakers said the current stance is appropriate and accommodative. The Monetary Policy Committee of Bank Negara Malaysia decided to maintain the overnight policy rate at 1.75 percent, as expected. The committee repeated that it is... Read more...

U.S. / CANADA

U.S. Wholesale Inventories Jump Slightly Less Than Expected In March

The Commerce Department released a report on Friday showing wholesale inventories in the U.S. jumped by slightly less than anticipated in the month of March. The report said wholesale inventories surged up by 1.3 percent in March after climbing by an upwardly revised 1.0 percent in February. Read more...

U.S. Employment Rises Much Less Than Expected In April

Employment in the U.S. increased by far less than expected in the month of April, according to a closely watched report released by the Labor Department on Friday. Read more...

U.S. Labor Productivity Rebounds 5.4% In Q1, More Than Expected

After reporting a sharp pullback in U.S. labor productivity in the previous quarter, the Labor Department released a report on Thursday showing productivity rebounded by more than expected in the first quarter of 2021. Read more...

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EUROPE

Germany's Industrial Output Recovers; Exports Growth Accelerates

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Germany's industrial production recovered and exports growth accelerated unexpectedly in March, separate data from Destatis revealed on Friday. Industrial production grew 2.5 percent month-on-month in March, reversing a 1.9 percent fall in February. Output was forecast to climb 2.3 percent. This was the first monthly growth in three months. Read more...

Ireland Manufacturing Output Falls In March

Ireland's manufacturing output declined in March, figures from the Central Statistics Office showed on Friday. Manufacturing output declined a seasonally adjusted 2.3 percent month-on-month in March, after a 4.7 percent growth in February. On an annual basis, manufacturing output increased 1.7... Read more...

Italy Retail Sales Decline In March

Italy's retail sales declined in March after rising in the previous month, data from the statistical office ISTAT showed on Friday. The retail sales value decreased a seasonally adjusted 0.1 percent month-on-month in March, after a 5.9 percent growth in February. In January, retail sales fell 2.7... Read more...

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ASIA

Taiwan Trade Surplus Rises More Than Expected

Taiwan's trade surplus rose more than expected in April, figures from the Ministry of Finance showed on Friday. The trade balance registered a surplus of US$6.179 billion in April. Economists had expected a surplus of US$3.12 billion. Exports grew 38.7 percent year-on-year in April, following a... Read more...

Malaysia Jobless Rate Falls In March

Malaysia's unemployment rate declined marginally in March, data from the Department of Statistics showed on Friday. The jobless rate fell to 4.7 percent in March from 4.8 percent in February. The number of unemployed persons decreased to 753,200 in March from 777,500 in the previous month. The... Read more...

China's Exports Rise More Than Expected

China's exports grew more than expected in April as global demand remained strong, data from the General Administration of Customs revealed on Friday. Exports advanced 32.3 percent on a yearly basis in April. Economists had forecast the growth rate to ease to 24.1 percent from 30.6 percent posted in March. Read more...

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GLOBAL ECONOMICS

Slovakia Trade Balance Swing To Surplus

Slovakia's trade balance swung to surplus in March, data from the Statistical Office of the Slovak Republic showed on Friday. The trade balance registered a surplus of EUR 595.3 million in March versus a deficit of EUR 398.8 million in the same month last year. In February, the trade surplus was EUR... Read more...

Czech Industrial Production, Trade Surplus Rises

The Czech Republic's industrial production increased and construction output decreased in March, data from the Czech Statistical Office showed on Friday. Separate data showed that the trade surplus increased in March, as exports rose and imports increased. Industrial production grew a working-day... Read more...

UK Construction Sector Logs Strong Growth In April

The UK construction sector logged a robust growth in April with continued recoveries seen in civil engineering activity, commercial work and house building, survey results from IHS Markit showed on Friday. The Chartered Institute of Procurement & Supply construction Purchasing Managers' Index came... Read more...

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Sunday ,May.9