August

WASHINGTON | US pending home sales fell in August

WASHINGTON — Pending home sales slipped in August as fewer Americans signed contracts to purchase a house, the fourth decline in the past five months. The National Association of Realtors says that its pending home sales index fell 1.8 percent last month to 104.2. This measure of contract signings has tumbled 2.3 percent in the … Continue reading WASHINGTON | US pending home sales fell in August

BEIJING | China factory output holds up in August, investment weakens

BEIJING  — Chinese factory output and retail sales held up in August but investment weakened, government data showed Friday, adding to challenges for communist leaders as they fight a tariff battle with Washington. The data showed little impact yet from government efforts to shore up flagging growth by easing lending controls. Even before trade tension … Continue reading BEIJING | China factory output holds up in August, investment weakens

Department of Homeland Security News: Statement from DHS Press Secretary on August Border Numbers

WASHINGTON – Today, Department of Homeland Security (DHS) Press Secretary Tyler Q. Houlton released the following statement on U.S. Customs and Border Protection’s (CBP) Southwest Border Migration numbers for August: “August Southwest Border Migration numbers show a clear indicator that the migration flows are responding to gaps in our nation’s legal framework.  While the overall … Continue reading Department of Homeland Security News: Statement from DHS Press Secretary on August Border Numbers

WASHINGTON | US factories grew at faster pace in August

WASHINGTON— U.S. factories grew at a faster pace in August as American industry continues to show robust health. The Institute for Supply Management, a trade group of purchasing managers, said Tuesday that its manufacturing index jumped last month to 61.3 from 58.1 in July. Anything over 50 signals growth, and U.S. manufacturing is on a … Continue reading WASHINGTON | US factories grew at faster pace in August

BEIJING | China manufacturing improves in August but sales weaken

BEIJING  — A survey shows China’s manufacturing activity improved in August but sales weakened amid a worsening tariff war with Washington. An industry group, the China Federation of Logistics & Purchasing, said Friday its monthly purchasing managers’ index rose to 51.3 on a 100-point scale from July’s 51.2. Components for new orders and exports declined, … Continue reading BEIJING | China manufacturing improves in August but sales weaken