Tag: Economic Performance/Indicators

Summer Travel Boom Extends Into Fall

Summer Travel Boom Extends Into Fall

[ad_1] Americans’ appetite for travel and entertainment remains strong ahead of the holidays, as desires to spend on experiences overcome concerns about inflation and the economy. Those concerns haven’t deterred many travel plans, executives at hotel chains, cruise-line operators, vacation-booking platforms and other leisure companies said in recent earnings reports. Hotels have more guests staying, even […]

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China's Factory Slowdown Worse Than Expected Under Weight of Covid Policies

China's Factory Slowdown Worse Than Expected Under Weight of Covid Policies

[ad_1] HONG KONG—China’s factory activity contracted in October after a short-lived improvement, a fresh sign of the toll from the country’s stringent Covid policies and of fading global demand for Chinese-made goods. The official purchasing managers index for manufacturing fell to 49.2 from 50.1 in September, the National Bureau of Statistics said Monday. The result […]

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The Fed's Problem With the Job Market

The Fed's Problem With the Job Market

[ad_1] Federal Reserve officials worry that rising wages will lock the economy into a high-inflation regime. The question facing policy makers is how much of a risk of that happening there actually is. Fed policy makers seem all but certain to raise their target range on overnight rates by three-quarters of a percentage point when […]

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