Josh Boak
US Sales of Existing Homes Jump 20% After 3-Month Slump
A "For Sale" sign stands in front of a home in Monroe, Wash., on April 1. (Elaine Thompson/Associated Press)
Americans stepped up their home purchases in June by a robust 20.7% after the pandemic had caused sales to crater in the prior three months. But the housing market could struggle to rebound further in the face of the resurgent viral outbreak and a shrinking supply of homes for sale.
July 22, 2020Survey: 2.76 Million Layoffs in May, Far Fewer Than Expected
A man looks at signs of a closed store due to COVID-19 in Niles, Ill., on May 21. (Nam Y. Huh/Associated Press)
U.S. businesses shed 2.8 million jobs in May, significantly less than the 9.3 million job losses that were expected.
June 3, 2020New-Home Sales Climbed 7.9% in January
Charles Krupa/AP
WASHINGTON — U.S. sales of new homes jumped 7.9% in January to the fastest pace in more than 12 years, a positive sign for economic growth.
February 26, 2020US Adds 145,000 Jobs; Unemployment Holds at 3.5%
Lynne Sladky/AP
WASHINGTON — U.S. employers downshifted their hiring in December, adding 145,000 jobs as consumer spending appeared to aid gains in the retail and hospitality sectors.
January 10, 2020Survey: US Companies Added 202,000 Jobs in December
Lynne Sladky/AP
BALTIMORE — U.S. companies added 202,000 jobs in December, led by robust hiring in construction, trade, transportation and utilities, according to a private survey.
January 8, 2020Manufacturing Activity Falls to Lowest Level in Decade
Diesel locomotives stand on the final assembly line at the GE Manufacturing Solutions facility in Fort Worth, Texas. (Luke Sharrett/Bloomberg)
WASHINGTON — U.S. manufacturing activity fell to the lowest level in more than a decade, as the sector was hurt by weakening demand and last year’s global economic slowdown.
January 3, 2020US Home Sales Tumbled 1.7% in November
A home for sale sign is seen Oct. 17, 2019, in Orange County near Hillsborough, N.C. (Gerry Broome/Associated Press)
WASHINGTON — Home-buying slumped in November, with some Americans priced out of the market by rising prices or constrained by a shortage of sales listings.
December 19, 2019US Housing Starts Climbed 3.8% in October
A construction crew works on an already sold new home in north Dallas. (LM Otero/Associated Press)
WASHINGTON — U.S. home building jumped 3.8% in October, a positive sign for the overall economy as developers anticipate steady demand.
November 19, 2019US Added a Solid 128,000 Jobs in October Despite GM Strike
Lynne Sladky/AP
WASHINGTON — U.S. employers added a solid 128,000 jobs in October, a figure that was held down by a now-settled strike against General Motors that caused several thousand workers to be temporarily counted as unemployed.
November 1, 2019Survey: US Businesses Added Slight 125,000 Jobs in October
Lynne Sladky/AP
BALTIMORE — U.S. businesses added a mere 125,000 jobs in October, a slowdown in hiring driven in part by job cuts in manufacturing and construction.
October 30, 2019