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Tag: March

Trade deficit reaches all-time high in March due to increase in imports

Scott Bescent, the U.S. Treasury Secretary, has inked a deal with Ukraine, while President Trump focuses on tax cuts and legislation aimed at clarifying trade tariffs with China. This comes in the wake of increasing concerns about the growing U.S. trade deficit, which reached unprecedented levels. According to the Commerce Department’s report released on Tuesday, […]

Fed’s favored inflation gauge showed price growth slowed in March

Forbes Chairman and Editor-in-Chief Steve Forbes warns of US prices rising amid global tariff tensions and rising among Federal Reserve leaders. The Federal Reserve's priority inflation gauge showed price growth slowed in March, indicating that inflation was close to central bank target rates. On Wednesday, the Commerce Department reported that the Personal Consumption Expense (PCE) […]

US existing home sales fall in March

“Make Money” host Charles Payne argues that President Donald Trump’s trade war is about long-term shared prosperity for all Americans. Existing home sales in the US have fallen more than expected in March, overwhelmed by increased borrowing costs, and the weakness is likely to be growing concerns about a slower economy as SAP demand. The […]

Home sales fall 5.9% in March, biggest drop since 2022

Sales of previously occupied US homes slowed down in March. This is a slow start to the spring home buying season as mortgage rates and prices hinder future home shoppers. Existing home sales have fallen to a seasonally adjusted annual rate of 4.2 million units, a 4.9% year onwards from last February, the National Association […]

Durable goods orders skyrocketed in March ahead of Trump tariffs

Prior to Trump’s April 2nd tariff announcement, orders for durable goods surged in March. New manufactured orders rose 9.2% in March to $315.7 billion, compared to a 0.9% increase in February. Economists had predicted a rise of just 2%. Transportation orders rose 27% that month, while commercial aircraft orders rose 139%. Private capital goods orders […]

Protesters target Trump administration policies with march to White House

When families gathered for the Easter egg hunt on Saturday, thousands of protesters took them to the streets in what organizers called the “National Action Day.” From Anchorage to Atlanta, demonstrators gathered in all 50 states and in US territory to target President Donald Trump’s policies. The protests by the “50501” movement – 50 states, […]

Retail sales surged in March led by autos as consumers looked to beat tariffs

SW Retails Advisors Stacey Widlitz analyzes why retail spending was lower than expected in February at Claman Countdown. US retail sales rose more than expected in March as consumers put big ticket purchases on the forefront to anticipated tariff-induced price hikes. The Commerce Department released the data in March on Wednesday. This showed a 1.4% […]