Leading Indicators Rise at Slower Pace as Factory Orders, Building Permits Decline
The index of U.S. leading indicators rose at a slower pace in January, restrained by declines in building permits and factory orders that signal a slower pace of growth.
Housing Starts Fall as Demand for Single-Family Homes Cools
Builders broke ground on fewer U.S. residential construction projects in January as demand for single-family homes cooled from an almost seven-year high, signaling the rebound in housing remains uneven.
Weekly Jobless Claims Decline as Job Market Improves
Fewer Americans than forecast filed jobless claims last week, hovering around levels that are typically associated with an improving job market.
Consumer Sentiment Rises to 11-Year High
American consumer confidence reached an 11-year high in January as a strengthening labor market and plunging gas prices kept households looking on the bright side.
Jobless Claims Drop to 15-Year Low
The fewest Americans in almost 15 years filed applications for unemployment benefits during a holiday-shortened week that typically makes the data more volatile.
Jobless Claims Decline by 10,000 for Week
Jobless claims decreased by 10,000 to 307,000 in the week ended Jan. 17, from a revised 317,000 in the prior period, a Labor Department report showed.
Factory Output Cools After Biggest Gain Since February
Factory production cooled in December as capital spending and vehicle assemblies slowed, indicating U.S. manufacturers were adjusting to weaker overseas markets.
Consumer Credit Increases by $14.1 Billion in November
Consumer borrowing in the U.S. increased in November as an improving economy emboldened Americans to take out school and auto loans.
Jobless Claims Decrease to Lowest Level in Six Weeks
The number of Americans filing for unemployment benefits fell last week as the economy’s continued improvement tempered dismissals.
Consumer Sentiment Rises to Almost Eight-Year High
Americans’ confidence rose in December to an almost eight-year high, pointing to a pickup in holiday-related purchases.