Service Industries Index at 12-Year High Following Storms
America’s service industries expanded in September at the fastest clip in 12 years, signaling vibrancy across the bulk of the economy following two major hurricanes, a survey from the Institute for Supply Management showed Oct. 4.
Companies Add Fewest Workers in Nearly a Year, ADP Says
Companies last month added the fewest number of workers in nearly a year, reflecting a hit to the U.S. job market from hurricanes Harvey and Irma, according to data released Oct. 4 from the ADP Research Institute in Roseland, New Jersey.
October 4, 2017Consumer Sentiment Cools as Storms Deliver Hit to Outlook
Concern over the fallout from a pair of late-summer hurricanes caused U.S. consumer sentiment to dip in September, though Americans remain relatively optimistic about the direction of the economy, a University of Michigan survey showed Sept. 29.
Consumer Spending Cools on Drop in Vehicle Purchases
U.S. consumer spending cooled in August on a cutback in auto purchases that partly reflected less demand linked to Hurricane Harvey, Commerce Department figures showed Sept. 29.
September 29, 2017US Jobless Claims Rise on Irma's Effects in Florida, Georgia
U.S. filings for unemployment benefits rose last week on increases in Florida and Georgia after the southeastern states were hit by Hurricane Irma, Labor Department figures showed Sept 28.
September 28, 2017US Second-Quarter Growth Revised Upward to 3.1% Annual Pace
U.S. second-quarter growth was revised up slightly without altering the bigger picture of a consumer- driven economy that also got a healthy contribution from business spending during the period, Commerce Department data showed Sept. 28.
September 28, 2017Gain in Capital Goods Orders Shows Solid Investment
U.S. orders for business equipment increased more than forecast in August, indicating solid demand is continuing in the third quarter, Commerce Department figures showed Sept. 27.
September 27, 2017Home Prices in 20 US Cities Increase More Than Forecast
Home prices in 20 U.S. cities climbed more than forecast in July, reflects solid demand against a backdrop of modest listings of properties, figures from S&P CoreLogic Case-Shiller showed Sept. 26.
September 26, 2017New-Home Sales Cool, Supply Jumps as Storms Strike South
A second straight decline in purchases of new U.S. homes, combined with downward revisions for prior months, show a tepid market as results begin to be clouded by the fallout from Hurricanes Harvey and Irma, according to government data Sept. 26.
September 26, 2017Jobless Claims Decline as Hurricane Harvey Impact Fades in Texas
Applications for unemployment benefits in the U.S. unexpectedly declined last week as the Hurricane Harvey-related surge in Texas filings continued to reverse, Labor Department figures showed Sept. 21.
September 21, 2017