Homebuilder Sentiment Remains Near Highest Level Since 1999
Confidence among American homebuilders held steady in February near the highest level since 1999, suggesting that demand for housing is expected to remain strong, according to data Feb. 15 from the National Association of Home Builders/Wells Fargo.
Output at Manufacturers Was Unchanged for Second Month
U.S. factory output was unchanged in January for a second month after a run of healthy advances consistent with ongoing expansion in the industry, Federal Reserve data showed Feb. 15.
Consumer Comfort Jumps Despite Stock-Market Turbulence
U.S. consumer sentiment jumped last week to the highest level since February 2001, indicating Americans were shaking off turbulence in the stock market, according to the Bloomberg Consumer Comfort Index.
Consumer Prices Top Forecasts, Sending Markets Tumbling
U.S. consumer prices rose by more than projected in January as apparel costs jumped the most in nearly three decades. The report sent Treasuries and stocks tumbling, as it added to concerns about an inflation pickup that have roiled financial markets this month.
Record Number of Small-Business Owners Say It’s a Good Time to Expand
Optimism among small companies in the U.S. rose more than forecast in January, fueled by a record number of owners who said now was a good time to expand, according to a National Federation of Independent Business survey released Feb. 12.
Dow Falls More Than 1,000 Points, S&P 500 Sinks 3.75%
The dread that gripped equity markets earlier in the week re-emerged Feb. 8 as U.S. stocks plunged on concern that rising interest rates will drag down economic growth.
Consumer Comfort Stays Elevated Even as Stocks Fall
U.S. consumer comfort last week held near the highest level since 2001 even as stocks fell on concerns about higher interest rates, the Bloomberg Consumer Comfort Index showed Feb. 8.
Jobless Claims Decline, Approach an Almost 45-Year Low
U.S. filings for unemployment benefits unexpectedly declined last week, hovering close to an almost 45-year low and signaling a tight job market, Labor Department figures showed Feb. 8.
February 8, 2018Trade Deficit Is Wider Than Any Month or Year Since 2008
The U.S. trade deficit widened to the biggest monthly and annual levels since the last recession, underscoring the inherent friction in President Donald Trump’s goal of narrowing the gap while enjoying faster economic growth.
February 6, 2018US Stocks Sink Most Since 2011 as Rout Deepens
U.S. stocks plunged the most in 6 1/2 years Feb. 5, with the Dow Jones Industrial Average sinking more than 1,100 points, as the equity selloff reached a fever pitch amid rising concern that inflation will force interest rates higher.