The US economy expanded at its weakest pace since the Q1 of 2014 in the three-month period to March, as consumer spending barely rose; however, a rise in business investment and improving pay growth held out hopes that the economy would regain momentum in the upcoming quarters.
The Purchasing Managers' Index for the US manufacturing sector grew less than analysts estimated.
The US economy expanded at its weakest pace since the Q1 of 2014 in the three-month period to March, as consumer spending barely rose; however, a rise in business investment and improving pay growth held out hopes that the economy would regain momentum in the upcoming quarters.
Orders for US-manufactured goods rose less than experts estimated in March, official figures revealed on Thursday.
Last week, US crude oil inventories dropped more than expected, while gasoline and distillate stocks rose markedly, owing to increased production at refineries.
The Conference Board Consumer Confidence Index dropped more than experts estimated.
US manufacturing activity in the Mid-Atlantic region slowed markedly in April, official figures revealed on Thursday.
US manufacturing activity in the Mid-Atlantic region slowed markedly in April, official figures revealed on Thursday.
US manufacturing activity in the Mid-Atlantic region slowed markedly in April, official figures revealed on Thursday.
US homebuilding activity dropped more than expected last month amid the unusually warm weather and weaker manufacturing activity, official figures revealed on Tuesday.
US homebuilding activity dropped more than expected last month amid the unusually warm weather and weaker manufacturing activity, official figures revealed on Tuesday.
Manufacturing activity in the New York State fell markedly in April, raising concerns over economic growth in the Q2 of 2017, a survey revealed on Monday.
US consumer prices fell unexpectedly last month, marking the first decline in more than a year, official figures revealed on Friday.
US producer prices dropped unexpectedly last month due to the lower cost of services and energy products.
US crude oil inventories dropped more than expected last week, official figures revealed on Wednesday.
US employers posted more open job positions in the second month of the year, official figures revealed on Tuesday.
On Monday, Janet Yellen, the Chairman of the US Federal Reserve, delivered a speech on monetary policy at the University of Michigan.
US private companies created less positions than expected last month; however, a fall in the jobless rate suggested that the labour market remained on a strong footing.
The number of Americans filing for unemployment benefits decreased more than expected last week, hitting the lowest level over the past five weeks, official figures revealed on Thursday.
US manufacturing activity rose in line with analysts' expectations last month, a private survey revealed on Monday.
US manufacturing activity rose in line with analysts' expectations last month, a private survey revealed on Monday.
US manufacturing activity rose in line with analysts' expectations last month, a private survey revealed on Monday.
The US economy expanded at a stronger than initially expected pace during the final quarter of 2016 amid higher consumer spending.
The US economy expanded at a stronger than initially expected pace during the final quarter of 2016 amid higher consumer spending.