Record Low Sentiment: Gas Prices Drag US Consumer Confidence
US consumer confidence plunged to a record low in May, primarily due to soaring gas prices, signaling potential economic slowdown.
Economic Indicators
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U.S. Existing Home Sales Stagnate in April Amidst Affordability Shifts
US existing home sales stagnated in April, revealing a slow spring market despite slight affordability improvements.
India’s First Comprehensive Household Income Survey: Navigating Data Challenges
The Ministry of Statistics and Programme Implementation (MoSPI) is preparing to launch India’s first-ever comprehensive household income survey, an ambitious initiative aimed at bridging critical gaps in national economic data. Secretary Saurabh Garg recently confirmed that the survey, slated to be conducted across the nation, represents the most complex data-gathering exercise undertaken by the ministry…