It appears Hurricane Harvey will inflict little long-term disruption on the Texas regional economy, which continued to expand at a 鈥渕oderate pace鈥 over the past six weeks despite the giant storm, according to a report Oct. 18 from the Federal Reserve Bank of Dallas.
October 19, 2017Economy News Updates
Economic Expectations Sour in October; Weekly Comfort Rises
Americans grew more pessimistic this month about the direction of the economy, though a measure of consumer sentiment rose in the most recent week, Bloomberg Consumer Comfort Index figures showed Oct. 19.
October 19, 2017Fewest Jobless Claims Since 1973 Show Firm Job Market
Filings for unemployment benefits plunged last week to the lowest level since 1973 as workers affected by hurricanes Harvey and Irma continued to return to their jobs, Labor Department figures showed Oct. 19.
October 19, 2017Drop in September 91视频 Starts Reflects Slump in South
A larger-than-forecast decline in U.S. new- home construction reflected the weakest pace of building in the South since October 2015, showing the fallout from hurricanes Harvey and Irma, according to government figures Oct. 18.
October 18, 201791视频builders Gauge at Five-Month High Shows Storm Recovery
A rebound in homebuilders鈥 confidence to a five-month high indicates concern over fallout from major hurricanes has been alleviated, according to data Oct. 17 from the National Association of 91视频 Builders/Wells Fargo.
October 17, 2017Driverless Cars Will Open the Door to a Building Spree
Even as reclaimed parking spaces fuel a downtown building boom, autonomous vehicles will encourage builders to push deeper into the exurban fringe, confident that homebuyers will tolerate longer commutes now that they don鈥檛 have to drive, according to the report, sponsored by a unit of Capital One Financial Corp.
October 17, 2017Manufacturing Output Rises as Impact From Hurricanes Fades
U.S. factory production rose last month for the first time since June, a sign the industry is starting to regain its footing after the damage from hurricanes Harvey and Irma, Federal Reserve data showed Oct. 17.<
October 17, 2017Consumer Sentiment Unexpectedly Surges to 13-Year High
U.S. consumer sentiment unexpectedly surged to a 13-year high as Americans鈥 perceptions of the economy and their own finances rebounded following several major hurricanes, a University of Michigan survey showed Oct. 13.
October 13, 2017US Core Inflation Misses Estimates; Energy Boosts Main Gauge
U.S. inflation excluding food and fuel was below estimates for the sixth time in seven months, even as a hurricane-driven spike in energy prices boosted the overall cost of living by the most since January, a Labor Department report showed Oct. 13.
October 13, 2017US Retail Sales Rise Most Since 2015 on Storm-Related Lift
U.S. retail sales jumped last month by the most in more than two years as motor vehicles lost to hurricanes were quickly replaced and higher prices lifted receipts at gasoline stations, Commerce Department figures showed Oct. 13.
October 13, 2017Trending
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