Americans' Expectations About Economy Stabilize in December
Almost one in four Americans said in December that the economy is getting better, helping give expectations a boost for a second month.
Factory Production Stagnates on Less Output of Durables
Manufacturing stagnated in November, held back by less production of durable goods such as automobiles and metals that reflects weak global demand.
Jobless Claims Rise to Five-Month High
Applications for U.S. unemployment benefits jumped last week to a five-month high, interrupting steady labor-market progress.
Trade Gap Widens on Drop in US Exports
The trade deficit widened in October as weaker foreign orders for U.S. goods and services outweighed a cooling in imports.
Manufacturing Shrinks by Most Since June 2009
Manufacturing in the U.S. unexpectedly contracted in November at the fastest pace since the last recession as elevated inventories led to cutbacks in orders and production.
Pending Sales of Previously Owned Homes Increase 0.2%
Contract signings to purchase previously owned homes rose less than forecast in October after declining in the prior two months, showing residential real estate is cooling heading into the quieter selling season.
Leading Indicators Increase by Most in Four Months
The index of U.S. leading economic indicators rose in October by the most in four months as still-low interest rates, rising stock prices and an increase in building permits signaled the economy will strengthen.
Housing Starts in US Fall on Decline in Apartment Construction
New-home building declined more than projected in October, led by a slump in apartment construction and showing fitful progress in residential real estate.
Consumer Prices Increase for First Time in Three Months
The cost of living excluding food and fuel rose again in October after picking up the prior month, showing inflation edging closer toward the Federal Reserve’s goal.
Sales Rise Less Than Forecast as Americans Save Gas Money
Sales at U.S. retailers rose less than forecast in October as consumers pocketed the money saved after fueling up their cars.