Companies adding fewer workers to U.S. payrolls in June than the prior month indicates the job market may be cooling after outsized gains earlier this year, data from the ADP Research Institute showed July 6.
July 7, 2017Patricia Laya
Government
David Paul Morris/Bloomberg News
US First-Quarter Growth Revised Up to 1.4% on Consumption
David Paul Morris/Bloomberg News
The U.S. economy’s first-quarter growth was less tepid than previously reported, as consumer spending and trade added more to expansion.
June 29, 2017
Government
Tim Rue/Bloomberg News
Narrower Trade Gap May Boost Growth Pace in Second Quarter
Tim Rue/Bloomberg News
The narrower U.S. merchandise trade deficit and increases in inventories may boost analysts’ tracking estimates of economic growth this quarter.
June 29, 2017
Government
Sam Hodgson/Bloomberg News
Surging Prices for New Homes Suggest Tight Low-End Supply
Sam Hodgson/Bloomberg News
Record prices for new U.S. homes amid a sales pickup indicate the supply of houses may be tight at the lower end of the market, pinching first-time buyers, government data showed June 23.
June 23, 2017
Business
Daniel Acker/Bloomberg News
Home-Sales Pickup Signals Market Withstanding Weak Supply
Daniel Acker/Bloomberg News
A pickup in sales of previously owned U.S. homes signals the housing market is making progress despite inventory constraints that are sending prices to all-time highs, a report from the National Association of Realtors showed June 21.
June 21, 2017
Business
Sam Hodgson/Bloomberg News
Jobless Filings at Three-Week Low Amid Strong Labor Market
Sam Hodgson/Bloomberg News
The U.S. job market continues to show signs of strength, as the number of Americans filing for unemployment benefits fell to a three-week low, according to Labor Department data released June 15.
June 15, 2017
Business
Thinkstock
US CEO Sentiment at Three-Year High Is Good Omen for Economy
Thinkstock
CEOs of some of the largest U.S. companies are becoming even more sanguine about sales and spending, a good omen for the economy after a lackluster first-quarter expansion, according to a quarterly survey released June 6 by the Business Roundtable.
June 6, 2017Americans' Comfort Rises on Strongest View of Finances in Decade
Kevork Djansezian/Bloomberg News
Americans are the most upbeat about their finances in a decade, which will probably help consumer spending contribute more to the U.S. economy in the second quarter, Bloomberg Consumer Comfort Index figures showed June 1.
June 1, 2017
Business
Luke Sharett/Bloomberg News
Jobless Claims Remain Low Even With Biggest Rise in a Month
Luke Sharett/Bloomberg News
U.S. jobless-benefit claims remain low despite an increase last week, with the labor market otherwise exhibiting signs of continued tightening, Labor Department data showed June 1.
June 1, 2017
Business
Patrick T. Fallon/Bloomberg News
Consumer Spending Signals Second-Quarter Rebound On Track
Patrick T. Fallon/Bloomberg News
The consumer is on track for a second-quarter comeback after a weak stretch at the start of the year, as Americans kept up spending in line with income gains in April, Commerce Department figures showed May 30.
May 30, 2017