U.S. Economic News
January 14, 2019
U.S. News
According to the Wall Street Journal, Chinese exports unexpectedly declined in December, falling 4.4 percent from a year ago. December’s decline followed a nine-month surge in China’s exports as companies frontloaded orders to avoid tariffs. WSJ
Paul Hannon of the Wall Street Journal reports that the United States and other large economies are set for a further slowdown this year, according to leading indicators released by the OECD. These warnings come amid signs that some components of the global economy are slowing more rapidly than previously thought. WSJ
The Wall Street Journal reports that economic reports in emerging and developed markets have been below expectations, causing Citigroup’s leading indexes to fall to their lowest levels since June. The decline is driven by lukewarm figures from China and Europe, as well as a drop in a U.S. manufacturing activity. WSJ