Tag: Economic Indicators
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US Consumer Sentiment Stays Subdued as Budget Concerns Linger
Latest Snapshot: Subdued Confidence Amid Budget Constraints New data on US consumer sentiment shows a continued lull in confidence as households face tighter budgets and uncertain economic footing. After a period of modest improvement earlier in the year, families are recalibrating expectations in the face of persistent inflation, higher interest rates, and the rising cost…
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Ghana’s Unemployment Rate Drops to 12.8% in Q3 2025: A Positive Shift for the Labour Market
Overview: A Cooler Labour Market in Q3 2025 The Ghanaian labour market continued to recover in the first nine months of 2025, with the unemployment rate easing to 12.8 percent in the third quarter. According to data from the Ghana Statistical Service (GSS), about 13.3 million of the country’s 15 million-strong labour force were employed…
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Windhoek Building Approvals Dip in November Amid Slower Construction Momentum
Overview: Windhoek’s November Building Approvals The City of Windhoek reported a notable slowdown in building activity for November, with 153 building plans approved valued at N$123.9 million. This mark represents a decrease of 33 approvals compared with October, underscoring a cooler month for new development in Namibia’s capital. Industry analysts, including IJG Securities, noted that…
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US unemployment rises to four-year high in November amid signs of a cooling job market
Summary: A veteran indicator of economic health moves higher The latest employment report shows that the US job market cooled more than expected in November as the unemployment rate rose to a four-year high. The shift underscores a continued struggle for workers and firms alike, even as the broader economy navigates mixed signals about growth,…
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U.S. Jobs Data for November Shows Modest Hiring Gains Amid Unemployment Tick-Up
November Jobs Report: A Tale of Slower Hiring America’s labor market added a modest number of jobs in November, with 64,000 positions created, according to delayed government data. The figure underscores a cooling hiring pace compared with earlier months, even as the unemployment rate edged higher. The report, which also revised previous months’ tallies, must…
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Nigeria’s Car Imports Rebound to N1tn in 9 Months as FX Stability Buoys Trade
Overview: A rebound in Nigeria’s car imports Nigeria’s importation of passenger motor cars has surged in 2025, reflecting improved stability in the foreign exchange market and easing pressure on both dealers and buyers. The latest foreign trade statistics from the National Bureau of Statistics (NBS) show a strong uptick in the value of passenger car…
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Is Canada in a Recession? Friday GDP Data Could Decide
Is Canada in a Recession? What Friday’s GDP Data Could Reveal Canada’s economic fate hangs on a set of crucial statistics due to be released this Friday by Statistics Canada. While headlines have buzzed with speculation for weeks, the upcoming GDP reports aim to provide a clearer picture of whether the country has slipped into…
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What Happened Tuesday: A Quick Digest of Mortgage Rates and Market Movers
What Happened Tuesday: Mortgage Rates and Market Essentials Tuesday brought a steady rhythm to the mortgage market, with no changes to mortgage rates for the day. If you’re in the middle of a home purchase, refinancing, or weighing offers, here’s what mattered most and how to act on it before you sign off. Rate Snapshot:…
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Monday Mortgage Rates: Key Updates and What to Expect
What Happened Monday in Mortgage Rates If you were hoping for dramatic shifts in mortgage rates this Monday, you weren’t alone. In many markets, there were no changes to report today, with mortgage rates holding steady across the board. While this might feel less exciting than a sudden drop or uptick, stable rates provide a…
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What Happened Monday: Mortgage Rates Stagnate as Markets Weigh Inflation Signals
What happened Monday: A snapshot of mortgage rates and market signals If you’re in the middle of a home purchase, refinancing, or just keeping an eye on the market, Monday brought a familiar refrain: mortgage rates remained steady. While there was chatter about inflation, labor market data, and regional housing trends, the big headline for…