Home Sales, Leading Indicators Confirm Economy’s Strength

Home sales surged 9.5% in February ... as rising consumer debt and elevated interest rates weigh on consumer spending.” Despite the measured comments, the report follows news from the Federal ... Read More

New-home sales post biggest jump since December 2022

U.S. new-home sales rose 8.8% to an annual rate of 693,000 in March, from a revised 637,000 in the prior month, the Commerce Department reported Tuesday. The number is seasonally ... Read More

Sales of new homes rebound in March

The rate of new-home sales was boosted by strength in the Northeast, where sales rose 28%. The data from February was revised. New-home sales fell a revised 5.1% in February, compared with the ... Read More

New Home Sales Post Solid Gains in March

Sales of newly built single-family homes rose 8.8% in March compared to Feb., and also increased 8.3% from a year earlier. Read More

What Q1’s retail sales say about the consumer in 2024

“The better-than-expected increase in March retail sales, which is on top of the increase in February ... Bank of New York found earlier this year. More broadly, following Q1, consumer spending ... Read More

Job Openings Remain High, Signaling Continued Strength in Labor Market

The number of job openings at the end of February remained largely unchanged from the prior month, at 8.76 million compared to estimates of 8.73 million and a downwardly revised 8.75 million in ... Read More

New collections boost February UK clothing sales after repeated falls

Meanwhile, cosmetics and toiletries continued ... weak consumer demand dampened sales with milder temperatures hitting winter clothing and footwear hardest. "New collections boost February UK ... Read More

Constellation Brands' Continued Beer Strength Offsets Its Wine And Spirits Weakness

For the quarter that ended in February ... its beer sales to rise by a further 10% in the undergoing financial year both due to its brand strength as well as the US consumer’s shift ... Read More

UK house prices drop in April as ‘affordability pressures’ hit borrowers; new Post Office interim chair named – business live

Rolling coverage of the latest economic and financial news ... Read More

UK's Deliveroo returns to order growth in first quarter

opens new tab reported a return to order growth in its first quarter, with a 2% increase year-on-year driven by its operations in France, UAE and Hong Kong and continued strength in Italy. Read More

Constellation Brands' Continued Beer Strength Offsets Its Wine And Spirits Weakness

Constellation Brands, whose operations span across the U.S., Mexico, New ... sales to rise by a further 10% in the undergoing financial year both due to its brand strength as well as the US ... Read More