us gdp growth »

  • H.S. Borji

    US wholesale inventories rose faster than forecast in October and were revised up in September, a sign businesses were restocking their shelves at a faster pace heading into the holiday season and raising expectations for fourth quarter GDP growth. Wholesale inventories climbed 0.4 percent to $542 billion in October, following an upwardly revised gain of

  • H.S. Borji

    New orders for US factory goods declined unexpectedly for a third consecutive month in October, as the market continued to backtrack from July’s record high. US factory orders declined 0.7 percent to $496.6 in October, following a revised drop of 0.5 percent a month earlier, the Commerce Department reported today in Washington. Economists forecast a