Economy News

Economy

US Oil Rig Count Sees Slight Increase: Baker Hughes Reports 481 Active Rigs

The latest Baker Hughes report shows a slight increase in the U.S. oil rig count to 481, with the gas rig count also rising to 101. Canada's rig count stands at 245, with a notable...

Economy

January Sees a 0.9% Dip in US Retail Sales: A Closer Look at the Numbers

US retail sales dipped by 0.9% in January to $723.9 billion, as reported by the US Census Bureau. Despite this, there was a 4.2% yearly increase, with motor vehicle and parts deale...

Economy

December Sees a 0.2% Dip in US Business Inventories: An Insight into the Economic Shifts

US business inventories fell by 0.2% in December, reaching $2,584.3 billion, a 2% increase from the previous year. Trade sales and manufacturers' shipments saw a 0.8% monthly and 3...

Economy

December Sees a 0.2% Dip in US Business Inventories, Signaling Economic Shifts

In December, US business inventories saw a 0.2% decrease, totaling $2,584.3 billion, as reported by the US Census Bureau. Despite this, there was a 2% annual increase. Trade sales ...

Economy

Swiss Economy Sees Slight Uptick: January Producer and Import Prices Rise by 0.1%

In January, Switzerland's Producer and Import Price Index saw a slight increase of 0.1%, influenced by higher prices in petroleum products, watches, and medical supplies, despite a...

Economy

Spain's Inflation Slightly Adjusted Downward to 2.9% in January, Driven by Housing and Transportation

Spain's inflation rate for January was revised down to 2.9%, influenced by significant rises in housing and transportation prices. Monthly consumer prices increased by 0.2%, with c...

Economy

Spain's Inflation Rate Adjusted Downward to 2.9% in January, Here's Why

Spain's annual inflation rate for January was revised to 2.9%, slightly down from the preliminary 3% estimate, with transportation and housing prices being the main drivers. Monthl...

Economy

Spain's Inflation Dips Slightly in January: A Closer Look at the Numbers

Spain's annual inflation for January was revised to 2.9%, slightly down from the preliminary 3% estimate. Transportation and housing costs were the main drivers, with housing price...