Imports at the busiest U.S. port should start declining as soon as May and are set to fall sharply in the second half of the year as punitive tariffs start to weigh on demand for foreign goods.
April 11, 2025Latest News Updates From Augusta Saraiva
Port of L.A. Prepares for Downturn in Trade Activity
Consumer Spending Falls as Inflation Indicator Rises
The Federal Reserve’s preferred measure of underlying inflation rose at a mild pace in January, while consumers pulled back on spending.
February 28, 2025US Economy Defies Odds Despite Election-Year Challenges
Despite uncertainty around a presidential election, elevated interest rates and a cooling labor market, economic growth remained solid in 2024.
December 30, 2024US Payroll Data Likely to See Largest Revision Since 2009
U.S. job growth was probably far less robust in the year through March than previously reported, according to government data out Aug. 21.
August 21, 2024US Labor Cooldown May Have Started Earlier Than Thought
U.S. job growth in 2024 through March was likely less robust than initially estimated, which risks fueling concerns that the Federal Reserve is falling behind on interest rate cuts.
August 20, 2024Factory Orders Tick Up in January
Orders placed with factories for business equipment barely rose in January after falling the prior month, suggesting firms are restraining their investment amid an uncertain outlook.
February 27, 2024Inflation Tops Forecasts in Blow to Fed Rate-Cut Hopes
U.S. consumer prices jumped at the start of the year, stalling recent disinflation progress and likely delaying any Federal Reserve interest-rate cuts.
February 13, 2024Factory Gauge Contracts at Slowest Pace in Nearly a Year
A measure of U.S. factory activity contracted in September by the least in nearly a year, offering hope that the worst may be over for the nation’s producers.
October 2, 2023Service Industry Expands Modestly as Activity Cools
The U.S. service sector expanded only modestly in April according to the Institute for Supply Management, restrained by the weakest pace of business activity in nearly three years.
May 3, 2023Factory Activity Contracts for a Sixth Month in April
U.S. factory activity contracted for a sixth-straight month in April, the longest such stretch since 2009 and a sign of lingering malaise in manufacturing.
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