American manufacturers turned in another solid month in July amid steady growth in production, orders and employment, according to figures from the Institute for Supply Management released Aug. 1.
August 1, 2017Business
Americans’ Spending Barely Grew in June as Incomes Stagnated
Consumer spending lost momentum in June and a drop in dividend payments caused incomes to stagnate, signaling the U.S. economy may get less help from households this quarter, Commerce Department figures showed Aug. 1.
August 1, 2017Business
Gain in Pending Home Sales Shows Market Is Stabilizing
A rebound in contract signings for the purchase of previously owned U.S. homes shows housing demand is stabilizing after a three-month downturn, National Association of Realtors figures released July 31 showed.
July 31, 2017Business
Weaker Prospects for Incomes Weigh on US Consumer Sentiment
Less enthusiasm about prospects for the U.S. economy and personal finances sent consumer sentiment to a nine-month low in July, survey data from the University of Michigan showed July 28.
July 28, 2017GovernmentBusiness
US Economic Growth Rebounds, but Breaking Out Is Hard to Do
The U.S. economy’s second-quarter rebound puts the expansion back on its familiar, steady path more than it heralds anything new and exciting.
July 28, 2017Business
Bright Outlook for Industrial Sector, Economists Say at Summit
Business conditions have rebounded in 2017 for companies involved in manufacturing and commodities, and the outlook remains positive for the industrial sector, according to economists at the inaugural American Trucking Associations Economic Summit.
July 28, 2017Business
Consumer Comfort Gain Reflects Steady Labor-Market Progress
More favorable attitudes about personal finances and the economy helped bolster Americans’ confidence last week, according to Bloomberg Consumer Comfort Index figures released July 27.
July 27, 2017BusinessEquipment
Business Equipment Orders Eased Last Month After Robust May
The U.S. economy is experiencing steady but slower growth in business investment as orders for capital equipment eased last month following a May increase that was bigger than previously reported, Commerce Department data showed July 27.
July 27, 2017Business
Pace of US New-Home Sales Suggests Steady Housing Strength
The U.S. housing market is stabilizing near 10-year highs, according to government data July 26 that showed sales of new homes were slightly less than forecast.
July 26, 2017GovernmentBusiness
Pickup in Confidence Shows Americans Upbeat on Jobs, Economy
A four-month high in U.S. consumer confidence reflects Americans’ sunnier views on both their current situation and outlook, a positive sign for the economy, data from the New York-based Conference Board showed Tuesday.
July 25, 2017