State Forex Station
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Posts Tagged ‘U.S. economy’
U.S. retail sales showed a surprise increase in February as consumers defied extremely poor weather to bring to market. The U.S. Commerce Department said retail sales rose by 0.3% last month, while the forecast had predicted a decline of 0.2%.
The increase, the biggest since November fueled hopes that the economic recovery is gaining momentum and [...]
Official figures indicated that U.S. wholesale prices going on to heat up in January on the back of rising energy costs, but most other sectors saw little sign of inflationary pressure. There was also a larger than projected rise in new claims for unemployment benefits, as the sputtering labor market continues to lay behind the [...]
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