Economy News Updates

Business

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, 2017
Business

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, 2017
Business

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, 2017
Business

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
Business

US Manufacturing Is Powering Up, Regional Report Cards Show

America’s factories cranked it up in October, according to the latest regional manufacturing indexes.

October 31, 2017
Business

91ÊÓÆµownership Rate Rises for Second Time This Year

The U.S. homeownership rate rose for the second time this year as improving employment drove demand for property purchases.

October 31, 2017
Business

Consumer Confidence Just Hit Its Highest Level in Almost 17 Years

U.S. consumer confidence rose more than expected in October to the highest in almost 17 years as Americans grew more confident about the economy and job market, according to figures Oct. 31 from the New York-based Conference Board.

October 31, 2017
Business

91ÊÓÆµ-Price Gains in 20 US Cities Showed Acceleration in August

91ÊÓÆµ-price gains in 20 U.S. cities accelerated in August amid tight inventories and steady economic growth, figures from S&P CoreLogic Case-Shiller showed Oct. 31.

October 31, 2017
Business

Employment Costs Pick Up on Faster Wage Gains at Factories

U.S. employment costs picked up in the third quarter from the previous three months, helped in part by faster wage gains in manufacturing, the Labor Department said Oct. 31.

October 31, 2017
Business

US Consumer Sentiment Rises to Highest Since Early 2004

Consumer sentiment climbed in October to the highest level since the start of 2004 as households grew upbeat about the outlook for the U.S. economy, a University of Michigan survey showed Oct. 27.

October 27, 2017