Orders for business equipment at U.S. factories unexpectedly fell for a second month, a sign that demand is cooling from its hot pace in recent quarters, a Commerce Department report showed Feb. 27.
February 27, 2018Business
Sales of New Homes Fall to Lowest Level Since August
U.S. sales of new homes unexpectedly fell in January to the lowest level since August as borrowing costs rose and winter weather depressed demand, according to government data released Feb. 26.
February 26, 2018Business
Jobless Claims at Five-Week Low Amid Tight Labor Market
U.S. filings for unemployment benefits fell to a five-week low, suggesting tightening in a labor market already operating near full capacity, Labor Department figures showed Feb. 22.
February 22, 2018Business
Americans’ Economic Expectations Reach Second-Highest Since 2002
Americans’ outlook for the U.S. economy improved in February to the second-highest level since March 2002, indicating lower taxes are resonating, the Bloomberg Consumer Comfort Index showed Feb. 21.
February 21, 2018Business
Sales of Existing Homes Unexpectedly Fell in January
Sales of previously owned U.S. homes unexpectedly fell in January to a four-month low, indicating a shortage of available properties is increasingly hindering the real-estate industry, a National Association of Realtors report showed Feb. 21.
February 21, 2018Business
Consumer Sentiment Jumps After Tax Cuts Blunt Stock Gyrations
U.S. consumer sentiment unexpectedly rose in February to the second-highest level since 2004 as tax cuts and a strong job market helped Americans shrug off stock-market volatility, a University of Michigan survey showed Feb. 16.
February 16, 2018Business
Housing Starts Reach Highest Level in More Than a Year
U.S. new-home construction rose in January to the highest level since October 2016, helped by a surge in apartment building, as momentum in the housing market continues into 2018, government figures showed Feb 16.
February 16, 2018Business
Homebuilder Sentiment Remains Near Highest Level Since 1999
Confidence among American homebuilders held steady in February near the highest level since 1999, suggesting that demand for housing is expected to remain strong, according to data Feb. 15 from the National Association of Home Builders/Wells Fargo.
February 15, 2018Business
Output at Manufacturers Was Unchanged for Second Month
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.
February 15, 2018Business
Consumer Comfort Jumps Despite Stock-Market Turbulence
U.S. consumer sentiment jumped last week to the highest level since February 2001, indicating Americans were shaking off turbulence in the stock market, according to the Bloomberg Consumer Comfort Index.
February 14, 2018