Category: Economic Indicators

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China Industrial Output Growth Falls To 17-Year Low

Growth in China’s industrial output fell to a 17-year low, in the first two months of the year, pointing to further weakness in the world’s second-biggest economy… But investment picked up speed as the government fast-tracked more road and rail projects, offering some relief for policymakers as they work to avert a sharper slowdown, data showed on Thursday.

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Hiring Slumps, Though Broad Picture Suggests Expansion Will Continue…

The breakneck pace of hiring slumped in February, a sign that U.S. growth is cooling, though strong wage growth and earlier robust job gains suggest the economy’s near decadelong expansion will endure. U.S. nonfarm payrolls rose a seasonally adjusted 20,000 in February, the Labor Department said Friday, marking the slowest pace for job growth since September 2017—when hurricanes skewed hiring patterns—and falling well below economists’ expectations for 180,000 new jobs.