Confidence among U.S. homebuilders rose less than forecast in March, a sign the industry may take time to pick up after inclement weather damped activity earlier in the year.
Read More »Consumer spending in U.S. climbed more than forecast in January
Consumer spending in the U.S. climbed more than forecast in January as incomes increased, making it more likely the biggest part of the economy will be able to sustain growth in early 2014.
Tagged with: consumer spending
Read More »Consumer confidence increases more than forecast
Americans are growing upbeat about the economy as household finances improve on the heels of more hiring, rising property values and stock-market gains.
Tagged with: economy
Read More »Consumer sentiment rises in last index report
Consumer confidence in the U.S. rose to a five-month high in December, indicating Americans will keep spending early next year.
Tagged with: consumer spending economy
Read More »Manufacturing expands faster than forecast
Manufacturing in the U.S. expanded more than forecast in August to the fastest pace since June 2011, a sign the sector will contribute more to the expansion in the second half of the year.
Read More »Consumers hold back as retail sales miss forecast
The figures show households are replacing outdated vehicles and furnishing new homes and at the same time cutting back on nonessentials such as electronics and meals at restaurants.
Read More »Tax bite curbs U.S. growth with consumer spending
Growth in the world’s largest economy was less than originally estimated in the first quarter as an increase in the U.S. payroll tax took a bigger bite out of consumer spending than previously calculated.
Read More »Trade gap unexpectedly shrank in August
The U.S. trade deficit unexpectedly narrowed in August as exports climbed to the highest level of the year and oil imports plunged. The gap fell 3.6 percent to $30.7 billion from a revised $31.9 billion in July, the Commerce Department ...
Tagged with: trade gap
Read More »Service industries in U.S. contracted at faster pace
Service industries in the U.S. unexpectedly contracted in March at a faster pace as unemployment climbed and consumer confidence held near a record low. The Institute for Supply Management’s index of non-manufacturing businesses, which make up almost 90 percent of ...
Tagged with: Institue for Supply Management Labor Department unemployment
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