Economy

BEA Reports Growth in U.S. Exports and Imports

According to the Bureau of Economic Analysis (BEA), the U.S. trade deficit narrowed slightly in September 2026, falling 0.7% to $105.0 billion. Exports increased...

U.S. Construction Spending Faces Continued Downward Pressure

The U.S. Census Bureau’s September 2026 Construction Spending Report shows a slowdown in overall construction activity, with total construction spending down 1.9% from August...

Fed Keeps Benchmark Interest Rate Unchanged in October

The Federal Reserve maintained its benchmark interest rate at 3.75% to 4.00% following its October 28, 2026, policy meeting. The decision reflects policymakers’ efforts...

U.S. Consumer Confidence Rises as Gasoline Prices Ease

U.S. consumer confidence rose to 91.7 in October 2026, up from a revised 84.2 in September, according to the Conference Board, significantly exceeding economists’...

U.S. GDP Growth Accelerates to 3.4% in Third Quarter

The U.S. economy grew at an annualized rate of 3.4% in the third quarter of 2026, accelerating from 2.2% in the second quarter, according...

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