Gains Among Automakers Help Spur Factory Production in August
U.S. factory production rose in August amid broad-based gains that included automakers, providing support for economic growth this quarter, Federal Reserve data showed Sept. 14.
Core Inflation Unexpectedly Cools as Apparel Costs Fall
A gauge of underlying U.S. inflation unexpectedly cooled in August as apparel prices fell by the most in about seven decades and medical-care costs declined, offering Americans a respite from accelerating price gains.
US Pending Home Sales Fall in July Amid 'Overheated' Markets
An index measuring contracts to buy previously owned U.S. homes unexpectedly declined in July, signaling that buyers are balking at higher prices and a lack of choices in some regions, according to data released Aug. 29 from the National Association of Realtors in Washington.
Home Prices in 20 US Cities Post Smallest Gain Since 2016
Home prices in 20 U.S. cities rose in June at the slowest monthly pace in almost two years as demand cools in the face of affordability constraints, including elevated mortgage rates, according to S&P CoreLogic Case-Shiller data released Aug. 28.
US Retail Sales Advance for Fifth Month; May Revised Up
U.S. retail sales rose for a fifth month in June, and figures from May were revised upward amid gains at auto dealers and nonstore vendors, capping a quarter that probably saw consumer spending pick up after a tepid start to the year.
US Payrolls Rise 213,000; Wage Gains Slow, Unemployment Up
U.S. hiring topped forecasts in June while unemployment rose from an 18-year low and wage gains unexpectedly slowed, indicating the labor market has room to keep expanding.
Trade War Shows Signs of Impact in US Exports, Durables Data
Some economists are detecting signs in data that trade tensions are having an impact on American companies.
Louisiana Port Feels Effects of Trump Trade War
To understand what a trade war means for America, go to the Mississippi. Follow the mud-brown river past Louisiana’s chemical plants, oil refineries, granaries, ports, and the rail networks and highways that spring from its fingers.
Consumer Comfort Snaps Four-Week Skid on Views of Finances
U.S. household sentiment improved for the first time in five weeks on more upbeat views about personal finances and the economy, the Bloomberg Consumer Comfort Index showed May 24.
US Payrolls Rebound to 164,000 Gain; Jobless Rate Hits 3.9%
U.S. hiring rebounded in April, and the unemployment rate dropped below 4% for the first time since 2000, while wage gains unexpectedly cooled, suggesting the labor market still has slack to absorb. Payrolls rose 164,000 after an upwardly revised 135,000 advance, Labor Department figures showed May 4.