Tuesday, Apr 16th, 2024 -
China 's economy in the first quarter grew faster than expected, official data released Tuesday by China's National Bureau of Statistics showed . Gross domestic product in the January to March period grew 5.3% compared to a year ago — faster than the 5.2% expansion in the fourth quarter of 2023 and 4.6% growth expected by economists polled by Reuters. On a quarter-on-quarter basis, China's GDP grew 1.6% ...
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Tuesday, Apr 16th, 2024 -
Housing starts fell in March with interest rates somewhat higher than expected last month as the latest inflation readings failed to show improvement. Builders are also still facing higher supply-side costs and tighter lending conditions. Overall housing starts decreased 14.7% in March to a seasonally adjusted annual rate of 1.32 million units, according to a report from the U.S. Department of Housing and Urban ...
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