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US goods trade deficit widens in March as imports rise sharply
The U.S. goods trade deficit rose to $87.9 billion in March due to a sharp increase in imports, signaling a potential drag on first-quarter economic growth.
US new home sales drop to near 3 1/2-year low in January
US new home sales dropped 17.6% in January to their lowest level since October 2022, impacted by severe winter weather and rising mortgage rates.
US job growth rises in January as unemployment falls to 4.3 percent
U.S. job growth accelerated in January with nonfarm payrolls increasing by 130,000 and unemployment rate dropping to 4.3%, indicating labor market stability.
US household income rose slightly last year, roughly matching 2019 level
Census data shows median U.S. household income stalled in 2024, with inflation offsetting wage gains and widening the income gap.
