Productivity Rises by Most in Three Years as Output Jumps
Worker productivity in the U.S. rose in the third quarter by the most since 2014 as the world’s largest economy expanded at a solid pace, a Labor Department report showed Nov. 2 in Washington.
November 2, 2017Growth in US Manufacturing Eases From a 13-Year High
Manufacturing remained solid in October even as expansion at U.S. factories cooled from a 13-year high a month earlier, figures from the Institute for Supply Management showed Nov. 1.
US Companies Add Most Workers in Seven Months, ADP Data Show
Companies added more workers than forecast to U.S. payrolls in October, indicating hiring snapped back after hurricanes Harvey and Irma, according to data released Nov. 1 from the ADP Research Institute in Roseland, N.J
November 1, 2017US Manufacturing Is Powering Up, Regional Report Cards Show
America’s factories cranked it up in October, according to the latest regional manufacturing indexes.
Homeownership Rate Rises for Second Time This Year
The U.S. homeownership rate rose for the second time this year as improving employment drove demand for property purchases.
Consumer Confidence Just Hit Its Highest Level in Almost 17 Years
U.S. consumer confidence rose more than expected in October to the highest in almost 17 years as Americans grew more confident about the economy and job market, according to figures Oct. 31 from the New York-based Conference Board.
October 31, 2017Home-Price Gains in 20 US Cities Showed Acceleration in August
Home-price gains in 20 U.S. cities accelerated in August amid tight inventories and steady economic growth, figures from S&P CoreLogic Case-Shiller showed Oct. 31.
Employment Costs Pick Up on Faster Wage Gains at Factories
U.S. employment costs picked up in the third quarter from the previous three months, helped in part by faster wage gains in manufacturing, the Labor Department said Oct. 31.
US Consumer Sentiment Rises to Highest Since Early 2004
Consumer sentiment climbed in October to the highest level since the start of 2004 as households grew upbeat about the outlook for the U.S. economy, a University of Michigan survey showed Oct. 27.
US Growth at Above-Forecast 3% on Consumers and Businesses
The U.S. economy expanded at a faster pace than forecast in the third quarter, indicating resilient demand from consumers and businesses even with the hit from hurricanes Harvey and Irma, Commerce Department data showed Oct. 27.
October 27, 2017