UK economy shrinks by monthly 2.9% in January
Britain's economy shrank by a less severe than expected 2.9% in January from December as the country went back into a coronavirus lockdown, official data showed on Friday.
Source: reuters.com
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UK construction industry rebounds in February: PMI
By Reuters Staff 2 Min Read FILE PHOTO: Construction cranes are seen with St Paul's Cathedral and the shard skyscraper nearby, in the city of London, Britain, August 10, 2020. REUTERS/Toby Melville LONDON (Reuters) - Britain’s construction industry perked up more than expected in February, helped by a return to growth in the commercial sector as businesses gave the green light to projects suspended earlier in the COVID-19 pandemic, a survey showed on Thursday. The IHS Markit/CIPS UK Construction Purchasing Managers’ Index rose to 53.3 from 49.2, moving above the 50 threshold for growth. A...
Source: reuters.com
U.S. pending home sales decline in January
Contracts to buy U.S. previously owned homes fell in January amid a continued shortage of houses available for sale.
Source: reuters.com
U.S. new home sales exceed expectations in January
Sales of new U.S. single-family homes increased more than expected in January, boosted by historically low mortgage rates and an acute shortage of previously owned houses on the market.
Source: reuters.com
U.S. new home sales blow past expectations in January
Sales of new U.S. single-family homes increased more than expected in January, boosted by historically low mortgage rates and an acute shortage of previously owned houses on the market.
Source: reuters.com