Michelle Jamrisko

Business

Jobless Claims Decrease to Lowest Level Since February

McDonald's yaoinlove/Getty Images

A strengthening labor market remains an engine for U.S. growth as the number of Americans filing for unemployment benefits dropped to the lowest since February, Labor Department data showed Aug. 17.

Michelle Jamrisko | Bloomberg News
August 17, 2017
Business

Housing Starts Fell in July on Apartment Building Slowdown

Apartment Construction annajasinski/Flickr

U.S. housing starts stumbled in July on an abrupt slowdown in apartment construction and a modest decline in single-family homebuilding that shows the industry will do little to spur the economy, Commerce Department data showed Aug. 16.

Michelle Jamrisko | Bloomberg News
August 16, 2017
Business

Homebuilder Sentiment Reaches Three-Month High in August

Home Construction Dougall_Photography/Getty Images

Sentiment among American homebuilders unexpectedly increased to a three-month high as builders saw greater prospects for industry demand despite elevated material costs and shortages of labor and lots, according to data Aug. 15 from the National Association of Home Builders/Wells Fargo.

Michelle Jamrisko | Bloomberg News
August 15, 2017
Business

Consumer Comfort Reaches 16-Year High on Economic Optimism

Shopper cesaria1/Getty Images

Americans last week registered their strongest optimism in 16 years on more upbeat views about the state of the economy, their personal finances and the buying atmosphere, according to Bloomberg News Consumer Comfort data released Aug. 10

Michelle Jamrisko | Bloomberg News
August 10, 2017
Business

Factory Gauge Continues to Signal Solid Expansion in July

Factory Workers JannHuizenga/iStock

American manufacturers turned in another solid month in July amid steady growth in production, orders and employment, according to figures from the Institute for Supply Management released Aug. 1.

Michelle Jamrisko | Bloomberg News
August 1, 2017
Business

Housing Starts at Four-Month High Give Boost at Quarter-End

Tim Boyle/Bloomberg News

Residential construction ended the second quarter on a stronger note as groundbreaking on new homes rebounded in June to the fastest annualized pace in four months, Commerce Department data showed July 19.

Michelle Jamrisko | Bloomberg News
July 19, 2017
Business

Homebuilder Sentiment Declines to an Eight-Month Low

Construction worker Allen J. Schaben/Los Angeles Times/TNS

Sentiment among American homebuilders deteriorated to an eight-month low in July on concerns about higher material costs, according to July 18 data from the National Association of Home Builders/Wells Fargo.

Michelle Jamrisko | Bloomberg News
July 18, 2017
Government, Business

Second Straight Drop in Retail Sales Shows Tepid Spending

consumer sales Luke Sharrett/Bloomberg News

Retail sales unexpectedly dropped for a second month in June, signaling consumers are providing only modest support for the U.S. economy, Commerce Department data showed July 14.

Michelle Jamrisko | Bloomberg News
July 14, 2017
Government, Business

Steady Home-Price Gains in 20 US Cities Show Weak Inventory

Sustained increases for home prices in 20 U.S. cities in April indicate the housing industry is juggling stable demand with a shortage of inventory.

Michelle Jamrisko | Bloomberg News
June 28, 2017
Business

Drop in Housing Starts Shows Industry May Weigh on Growth

Luke Sharrett/Bloomberg News

Three straight months of declines in new-home construction show U.S. homebuilding may weigh on second-quarter growth, Commerce Department data showed June 16.

Michelle Jamrisko | Bloomberg News
June 16, 2017

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