Consumer Confidence Slides for Third Straight Month in July
WASHINGTON — U.S. consumer confidence slid again in July as higher prices for food, gas and just about everything else continued to weigh on Americans.
Consumer Confidence Slips in May Amid Stubborn Inflation
SILVER SPRING, Md. — U.S. consumer confidence edged lower in May as Americans’ view of their present and future prospects dimmed in the midst of persistent inflation.
Home Construction Rebounds a Strong 11.8% in November
New home construction in the U.S. rebounded 11.8% in November as strong demand continues to boost builder confidence even with the slower winter season approaching.
Home Construction Dips 0.7% in October
Construction of new homes in the U.S. fell 0.7% in October, but a big jump in the number of permits last month points to anticipation by builders that supply chain problems that have dogged them for much of the year will soon ease.
US Budget Deficit Eases to $165 Billion in October
The U.S. monthly budget deficit fell in October as the government collected more taxes from individuals and corporations thanks to a much improved economy emerging from the coronavirus pandemic.
Home Construction Declines 1.6% in September
SILVER SPRING, Md. — Home construction fell 1.6% in September as builders continue to be tripped up by supply chain bottlenecks.
Industrial Production Falls 1.3% as Effects From Ida Linger
SILVER SPRING, Md. — U.S. industrial production fell 1.3% in September, much more than expected as the lingering effects of Hurricane Ida continue to stymie activity.
Electrify America to Double EV Charging Stations by 2025
SILVER SPRING, Md. — Electrify America, an electric vehicle charging network funded with money paid by Volkswagen as punishment for its emissions cheating scandal, said it plans to more than double its number of charging stations throughout the United States and Canada.
US Trade Deficit Rises 1.9% in January
SILVER SPRING, Md. — The U.S. trade deficit rose 1.9% in January as the coronavirus pandemic continued to disrupt global commerce.
Volvo to Make Only Electric Vehicles by 2030
Volvo says it will make only electric vehicles by 2030. But if you want one, you’ll have to buy it online.