Latest News Updates From Michelle Jamrisko

Business

Factory Production Increases More Than Expected

Factory production in the United States grew 0.5% last month, the fastest pace in a year, as mining rebounded and utility use climbed, data from the Federal Reserve showed Aug. 16 in Washington.

August 16, 2016
Business

Manufacturing Growth Cooled in July From One-Year High

U.S. manufacturing expanded in July, though at a slower pace, indicating gradual improvement that could help the economy emerge from a weak first half of the year.

August 1, 2016
Business

Jobless Claims Climb From a Three-Month Low

The number of Americans who filed for unemployment benefits in the week ended July 23 rose from a three-month low, consistent with the Federal Reserve’s view of a stronger job market.

July 28, 2016
Business

New-°®¶¹´«Ã½ Sales Jump to Highest Level Since February 2008

Purchases of new U.S. single-family homes rose in June to the highest level in more than eight years, indicating a firm and resilient housing market.

July 26, 2016
Business

Sales of Existing °®¶¹´«Ã½s Rise to Highest Level in Nine Years

Sales of previously owned homes unexpectedly climbed in June to the highest level in more than nine years, giving a boost to residential real estate as it approached the end of its busy selling season.

July 21, 2016
Business

Housing Starts Increase More Than Forecast in June

New-home construction in the United States rose more than forecast in June, providing momentum for residential real estate near the end of its busy selling season.

July 19, 2016
Government, Business

Consumer Sentiment Drops High Earners Shaken by Brexit

Consumer confidence in the United States dropped in July as U.K.’s vote to leave the European Union flustered high-income earners.

July 15, 2016
Business

Fewest Americans Since Mid-April File for Unemployment Benefits

Filings for U.S. unemployment benefits unexpectedly declined last week to the lowest level since mid-April, signaling labor market stability amid a shaky global economy.

July 7, 2016
Business

Jobless Claims Declined More Than Forecast Last Week

Fewer Americans than forecast filed for unemployment benefits last week, adding to evidence that the labor market is healthy and stable.

June 23, 2016
Government, Business

More Americans See Economy Worsening Than at Any Time Since 2013

More Americans in June saw the economy worsening than at any time in more than 2 1/2  years, and a weekly gauge of consumer comfort also declined, according to figures from the Bloomberg Consumer Comfort Index released June 16.

June 16, 2016