Economy in Brief

• Auto showrooms quiet as coronavirus flares up. • Car & light truck sales fall in tandem. The Autodata Corporation reported that sales of light vehicles during March declined 33.4% (-34.6% y/y) to 11.35 million (SAAR) from 17.04 [...]

• • • PREVIOUS>>>Initial jobless claims for unemployment insurance jumped 3.001 million to a record 3.283 million Continuing claims for unemployment insurance increased 101,000 to 1.803 million Data on weekly unemployment claims going [...]

Factory orders fell slightly (+0.1% y/y) during February following a 0.5% January decline. The Action Economics Forecast Survey expected a 0.2% gain. Durable goods orders jumped 1.2% (-0.0% y/y) following a 0.1% improvement. Machinery [...]

• The foreign trade deficit in goods and services fell significantly. • Imports fell sharply while exports slipped. The U.S. trade deficit in goods and services narrowed to $39.93 billion in February from $45.48 billion in January, [...]

Initial jobless claims for unemployment insurance were 6.648 million (3,051% year-on-year) in the week ending March 28. The Action Economics Forecast Survey mean was 3.250 million claims while its median was 2.900 million; the [...]

• The foreign trade deficit in goods and services fell significantly. • Imports fell sharply while exports slipped. The U.S. trade deficit in goods and services narrowed to $39.93 billion in February from $45.48 billion in January, [...]

• The foreign trade deficit in goods and services fell significantly. • Imports fell sharply while exports slipped. The U.S. trade deficit in goods and services narrowed to $39.93 billion in February from $45.48 billion in January, [...]

• • • The value of construction put-in-place grew a greater-than-expected 1.8% in January (6.8% year-on-year)....... The construction spending figures, some of which date back to 1946, as well as and US Population-Weighted Heating and [...]