Sho Chandra

Business

US Growth Cools to 2.3% While Compensation Costs Accelerate

Jeff Wheeler/Bloomberg News

U.S. economic growth cooled last quarter as consumers pulled back after outsize spending in the prior period, though solid business investment cushioned some of the weakness and employee-compensation costs accelerated amid a tight job market.

Sho Chandra | Bloomberg News
April 27, 2018
Government, Business

Economic Growth Revised Higher on Spending, Inventories

aymondclarkeimages/Flickr

The U.S. economy grew in the fourth quarter at a faster pace than last estimated, helped by an upward revision to household spending on services and a smaller drag from inventories, according to Commerce Department data released March 28.

Sho Chandra | Bloomberg News
March 28, 2018
Business

Output at Manufacturers Was Unchanged for Second Month

Daniel Acker/Bloomberg News

U.S. factory output was unchanged in January for a second month after a run of healthy advances consistent with ongoing expansion in the industry, Federal Reserve data showed Feb. 15.

Sho Chandra | Bloomberg News
February 15, 2018
Business

Job Openings Cooled in October After Climbing to a Record

Luke Sharrett/Bloomberg News

U.S. job openings unexpectedly cooled in October from an all-time high a month earlier, still consistent with a solid job market, Labor Department data showed Dec. 11.

Sho Chandra | Bloomberg News
December 11, 2017
Business

US Trade Deficit Is Widest Since January

The China Shipping Container Lines Co. Autumn container ship sails from the Port of Los Angeles. Patrick T. Fallon/Bloomberg News

The U.S. trade deficit widened in October to a nine-month high on record imports that reflect steady domestic demand, Commerce Department data showed Dec. 5.

Sho Chandra | Bloomberg News
December 5, 2017
Business

Jobless Claims at Six-Week High Amid Holiday Volatility

Getty Images

U.S. filings for Unemployment benefits rose to a six-week high, a move that may partly owe to volatility around the Veterans Day holiday, Labor Department figures showed Nov. 16.

Sho Chandra | Bloomberg News
November 16, 2017
Business

Steady Consumer Comfort Signals Sustained Economic Growth

Ty Wright/Bloomberg News

Americans’ confidence hovered near a decade high last week, indicating consumers remain upbeat about the U.S. economic outlook, Bloomberg Consumer Comfort Index figures showed June 15.

Sho Chandra | Bloomberg News
June 15, 2017
Business

Drop in Retail Sales Signals Uneven Consumer Spending

Scott Eells/Bloomberg News

U.S. retail sales fell in May by the most since the start of 2016, reflecting broad declines in categories such as motor vehicles and electronics, Commerce Department figures showed June 14.

Sho Chandra | Bloomberg News
June 14, 2017
Government

Infrastructure Boost Fades in US Economic-Growth Forecasts

ODOT/Flickr

President Donald Trump is stepping up the fanfare around his $1 trillion infrastructure proposal, but the plan is fast becoming a nonfactor in forecasts for U.S. economic growth.

Sho Chandra | Bloomberg News
June 9, 2017

Elevated US Consumer Comfort Index Signals Sustained Growth

Luke Sharrett/Bloomberg News

Americans’ confidence hovering near a decade high bodes well for sustained expansion in the U.S. economy, Bloomberg Consumer Comfort Index figures showed June 8.

Sho Chandra | Bloomberg News
June 8, 2017

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