Fewer Americans Than Forecast File for Unemployment Insurance
Fewer Americans than forecast filed applications last week for unemployment benefits, underscoring a vibrant labor market.
Factory Production Rises for Fourth Time in Five Months
U.S. factory output increased in January for the fourth time in five months amid gains in machinery and chemicals, extending a gradual recovery in manufacturing.
Companies in US Added Most Workers in Seven Months, ADP Says
Companies last month added the most workers to payrolls since June on pickups in services and manufacturing jobs, data from the ADP Research Institute in Roseland, New Jersey, showed Feb. 1.
Consumer Sentiment Increased in January to 13-Year High
Consumer confidence rose in January to a 13-year high, reflecting ongoing optimism about post-election fiscal policies and their impact on economic growth.
Capital Goods Orders Rose More Than Forecast in December
Orders for U.S. capital goods advanced more than forecast in December, showing businesses were adjusting investment plans amid prospects for stronger economic growth.
Sales of New Homes at 10-Month Low as Mortgage Rates Jump
Purchases of new U.S. homes fell in December to a 10-month low, suggesting the post-election jump in mortgage rates pushed out potential buyers.
Jobless Claims Rise to Four-Week High Amid Holiday Volatility
Filings for U.S. unemployment benefits rose more than forecast last week amid holiday-related volatility, while remaining low by historical standards.
Trade Deficit Widened in November to a Nine-Month High
The U.S. trade deficit widened to a nine-month high in November as exports fell and companies and governments imported the most since August 2015.
Service Industries Expand at Faster Pace Than Forecast
America’s service providers expanded more than forecast last month, spurred by an upturn in orders that coincided with stepped-up demand at the nation’s factories.
Consumer Sentiment at 12-Year High After Trump Win
Consumer confidence jumped to the highest level since 2004, extending a surge in Americans’ optimism for their finances and the U.S. economy after Donald Trump’s election victory.