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.
November 16, 2017Business
Americans’ Economic Expectations Climb to a Three-Month High
Optimism about the direction of the U.S. economy improved to a three-month high in November as sentiment remained supported by a robust job market and steady growth, Bloomberg Consumer Comfort Index figures showed Nov. 16
November 16, 2017Business
Factory Output Surged in October on Hurricane Rebound
A surge in U.S. factory production last month matched the largest gain since 2010 as output at oil refineries and petrochemical plants returned to normal operations following Hurricane Harvey, Federal Reserve data showed Nov. 16.
November 16, 2017Business
Gain in Retail Sales Last Month Signals Steady Demand
U.S. retail sales increased last month after a bigger September advance than previously estimated, indicating resilient demand heading into the holiday shopping season, according to Commerce Department figures released Nov. 15.
November 15, 2017Business
Wholesale Prices Rose More Than Forecast in October
U.S. wholesale prices advanced more than forecast in October, boosted by higher margins at fuel retailers, a Labor Department report showed Nov. 13 in Washington. Compared with a year earlier, producer prices rose the most in more than five years.
November 14, 2017Business
Consumer Comfort Stays High in Positive Sign for Economy
Americans’ confidence was little changed last week from elevated levels, underpinned by optimism about the buying climate and the economy, Bloomberg Consumer Comfort Index figures showed Nov. 9.
November 9, 2017Business
Consumer Comfort Advances to Seven-Week High on Finances
U.S. consumer comfort advanced to a seven-week high as Americans’ confidence in their personal finances increased by the most since February, Bloomberg Consumer Comfort Index figures showed Nov. 2.
November 2, 2017Business
Productivity Rises by Most in Three Years as Output Jumps
Worker productivity in the U.S. rose in the third quarter by the most since 2014 as the world’s largest economy expanded at a solid pace, a Labor Department report showed Nov. 2 in Washington.
November 2, 2017Business
Growth in US Manufacturing Eases From a 13-Year High
Manufacturing remained solid in October even as expansion at U.S. factories cooled from a 13-year high a month earlier, figures from the Institute for Supply Management showed Nov. 1.
November 1, 2017Business
US Companies Add Most Workers in Seven Months, ADP Data Show
Companies added more workers than forecast to U.S. payrolls in October, indicating hiring snapped back after hurricanes Harvey and Irma, according to data released Nov. 1 from the ADP Research Institute in Roseland, N.J
November 1, 2017