Michelle Jamrisko

Business

Slowing Consumer Inflation May Sow Fed Doubt on Prices

David Paul Morris/Bloomberg News

A greater-than-expected deceleration in U.S. consumer-price inflation in May could give some pause to Federal Reserve officials as they consider further interest-rate increases, Labor Department figures showed June 14.

Michelle Jamrisko | Bloomberg News
June 14, 2017

Wholesale Prices Little Changed in May

Luke Sharett/Bloomberg News

Wholesale prices were little changed in May from the prior month, reflecting declines in the costs of fuel and food, Labor Department data showed June 13.

Michelle Jamrisko | Bloomberg News
June 13, 2017

Jobless Claims in US Resume Decline Amid Tight Labor Market

Shannon Stapleton/Reuters

The U.S. labor market remains a bright spot in the economy as fewer Americans filed for unemployment benefits last week, with hiring managers decrying a scarcity of available workers, Labor Department data showed June 8.

Michelle Jamrisko | Bloomberg News
June 8, 2017
Business

Solid Pace of Expansion in US Services Shows Firmer Economy

Craig Warga/Bloomberg News

Industries making up the bulk of the U.S. economy continued to expand at a solid pace in May, adding to signs of steady growth this quarter, a survey from the Institute for Supply Management showed June 5.

Michelle Jamrisko | Bloomberg News
June 5, 2017
Business

Wider Trade Gap May Signal Drag on Second-Quarter Growth

Patrick T. Fallon/Bloomberg News

U.S. demand for foreign-made goods climbed and exports declined, causing the trade deficit to widen in April, which may restrain the pace of economic growth this quarter, Commerce Department data showed June 2.

Michelle Jamrisko | Bloomberg News
June 2, 2017
Business

Manufacturing Settles In at Solid Pace of Expansion

Luke Sharrett/Bloomberg News

American factories are settling back into a solid pace of expansion after a post-election run-up that saw the Institute for Supply Management’s manufacturing gauge hit an almost three-year high, figures released June 1 showed.

Michelle Jamrisko | Bloomberg News
June 1, 2017
Business

US Pending Home Sales Falter

Luke Sharrett/Bloomberg News

Housing demand unexpectedly weakened for a second month across most U.S. regions as lean inventory took a toll on affordability, putting a damper on the typically busier spring selling season, according to National Association of Realtors figures released May 31.

Michelle Jamrisko | Bloomberg News
May 31, 2017
Government, Business

Consumer Confidence Eases on Economic, Jobs Expectations

Michael Nagle/Bloomberg News

Americans this month became less upbeat about the outlook for jobs and business after sentiment reached a 16-year high two months ago in anticipation that Washington lawmakers would help recharge the economy, according to data from the New York-based Conference Board released May 30.

Michelle Jamrisko | Bloomberg News
May 30, 2017
Government

US Economic Growth Not So Bad After Revisions to Spending, Investment

Tim Rue/Bloomberg News

The U.S. economy’s first quarter wasn’t so miserable after all, as consumption contributed more to growth and business investment was even stronger than thought, Commerce Department data showed May 26.

Michelle Jamrisko | Bloomberg News
May 26, 2017
Business

More Optimism About Buying Climate Signals Spending Rebound

David Paul Morris/Bloomberg News

Consumer spending may be set to emerge from a weak first quarter as Americans last week became more upbeat about the buying climate than at any time in the last 15 years and optimism about personal finances reached a decade high, Bloomberg Consumer Comfort Index figures showed May 25.

Michelle Jamrisko | Bloomberg News
May 25, 2017

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