Government, Business

Manufacturing Production Unchanged, Missing Projections

U.S. factory production was unchanged in November and the prior month’s reading was revised to a decline from a gain, a sign the industry may be taking a breather while still growing at a pace that supports economic growth.

Shobhana Chandra | Bloomberg News
December 14, 2018
Government, Business

Producer Prices Up in November, Exceeding Estimates

U.S. producer prices rose in November on advances in foods and transportation services, while a measure of underlying costs accelerated, offering some potential signs of inflation pressures bubbling up in the economy.

Shobhana Chandra | Bloomberg News
December 11, 2018
Government, Business

Consumer Sentiment Tops Estimates While Outlook Slips

U.S. consumer sentiment exceeded analyst estimates as low unemployment and growing incomes kept Americans in an upbeat mood, though the outlook soured amid concern that the labor market will soften.

Shobhana Chandra | Bloomberg News
December 10, 2018
Government, Business

Economy Grows at Unrevised 3.5% Pace in Third Quarter

The U.S. economy remained on a solid footing in the third quarter, matching previously reported results, as stronger business investment and a bigger boost from inventories cushioned a trade drag that matched the worst since 1984.

Shobhana Chandra | Bloomberg News
November 28, 2018
Government, Business

Inflation Remained Muted in October Despite Solid Economy

U.S. inflation showed little sign of breaking out in October despite strength in the economy and wages, likely keeping the Federal Reserve on its path of gradual interest-rate increases.

Shobhana Chandra | Bloomberg News
November 14, 2018
Government, Business

Trade Gap Hits Seven-Month High Amid Tariff War

The U.S. trade deficit widened more than forecast in September to a seven-month high as imports expanded and the merchandise gap with China hit a record amid an escalating tariff war.

Shobhana Chandra | Bloomberg News
November 2, 2018
Government, Business

Companies Add More Workers Than Forecast

Companies in October added the highest number of workers in eight months to U.S. payrolls, topping estimates and signaling the job market remains solid, according to data released Oct. 31 from the ADP Research Institute in Roseland, N.J.

Shobhana Chandra | Bloomberg News
October 31, 2018
Government, Business

September Manufacturing Production Rises on Broad Demand

Factory production expanded in September for a fourth consecutive month on broad-based demand as the sector accelerated in the third quarter, Federal Reserve data showed Oct. 16.

Shobhana Chandra | Bloomberg News
October 16, 2018
Government, Business

Consumer Sentiment Eased in October; Level Remains ‘Quite Favorable’

U.S. consumer sentiment unexpectedly dipped in October to a still-elevated level amid slightly dimmer views of personal finances and the long-term economic outlook, according to a University of Michigan report Oct. 12.

Shobhana Chandra | Bloomberg News
October 12, 2018
Government, Business

Payrolls, Wages Cool While Unemployment Rate Hits 48-Year Low

While unemployment fell more than forecast in September to 3.7%, the lowest since December 1969, average hourly earnings climbed 2.8% from a year earlier, slowing as projected from a 2.9% advance the prior month.

Shobhana Chandra | Bloomberg News
October 5, 2018