Personal spending barely increased in February, and the prior month’s advance was revised down as Americans saved more of their incomes.
March 28, 2016Latest News Updates From Michelle Jamrisko
Economy Grew 1.4% in Fourth Quarter, Supported by Consumers
The U.S. economy grew in the fourth quarter at a faster pace than previously estimated, supported by stronger household spending that is helping cushion the expansion from weakness overseas.
March 25, 2016Jobless Claims Climbed Less Than Forecast Last Week
Filings for U.S. unemployment benefits last week rose less than economists forecast as the number of dismissals stayed consistent with a firm labor market.
March 24, 2016Factory Production Rises in February for Second Month
Factory production rose in February for a second month, boosted by demand for business equipment and indicating U.S. manufacturing may be starting to stabilize.
March 16, 2016Retail Sales Decline After January Revised Down
U.S. retail sales dropped in February and the prior month’s gain was revised to a decline, calling into question the narrative that bigger gains in consumer spending would propel economic growth at the start of 2016.
March 15, 2016Jobless Claims Drop to Five-Month Low
Filings for U.S. unemployment benefits fell last week to the lowest level in five months as the number of firings remained consistent with a solid labor market.
March 10, 2016Pending Sales of US Existing °®¶¹´«Ã½s Fall by Most in Two Years
Contracts to purchase previously owned homes unexpectedly dropped in January by the most in two years, representing a setback in residential real estate leading up to the spring selling season.
February 29, 2016Orders for Capital Goods Climb by Most Since June 2014
Orders for U.S. capital goods rebounded in January by the most since June 2014, representing a pause in manufacturing’s downturn.
February 25, 2016Sales of New °®¶¹´«Ã½s Declined More Than Forecast in January
Purchases of new homes dropped more than forecast in January as contract signings slumped in the western United States by the most since May 2010.
February 24, 2016Sales of Existing US °®¶¹´«Ã½s Rise to Second-Highest Level Since 2007
Sales of previously owned U.S. homes unexpectedly rose in January to the second-highest level since early 2007, indicating the industry will keep prospering.
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