Patricia Laya

Business

Data on Private Hiring Suggest Job Market Is Moderating

Bed, Bath, and Beyond hiring Luke Sharrett/Bloomberg News

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.

Patricia Laya | Bloomberg News
July 7, 2017
Government

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.

Patricia Laya | Bloomberg News
June 29, 2017
Government

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.

Patricia Laya | Bloomberg News
June 29, 2017
Government

Surging Prices for New Homes Suggest Tight Low-End Supply

Home Construction 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.

Patricia Laya | Bloomberg News
June 23, 2017
Business

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.

Patricia Laya | Bloomberg News
June 21, 2017
Business

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.

Patricia Laya | Bloomberg News
June 15, 2017
Business

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.

Patricia Laya | Bloomberg News
June 6, 2017

Americans' 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.

Patricia Laya | Bloomberg News
June 1, 2017
Business

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.

Patricia Laya | Bloomberg News
June 1, 2017
Business

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.

Patricia Laya | Bloomberg News
May 30, 2017

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