Job Openings Hit Record High in April, Topping 6 Million
An increase in U.S. job openings in April to a record high indicates demand for workers remains strong in the world’s largest economy while the supply is tightening, a Labor Department report showed June 6.
ADP Data on Business Hiring Gain Shows Solid US Job Market
Companies adding more workers to U.S. payrolls in May than forecast indicates the job market is powering ahead, data from the ADP Research Institute in Roseland, New Jersey, showed June 1.
Stagnant Equipment Orders Signal Pause in Investment
A second straight month of stagnant orders for business equipment in April indicates investment in capital goods could slow in the second quarter, Commerce Department data showed May 26.
Merchandise Trade Gap, Inventories May Weigh on US Growth
The second-widest U.S. merchandise trade deficit in two years and an April drop in inventories at wholesalers and retailers may weigh on the economy this quarter, according to preliminary figures released May 25 from the Commerce Department in Washington.
Why the Rout in Retail Shouldn't Be a Big Worry for Economy
A furious pace of store closings and bankruptcies has drummed up fears that U.S. retail is collapsing. Not so fast: Many indicators suggest that retail employment is unlikely to shrivel and the economy will withstand any shock from the sector’s rout.
Investment, Hiring Plans Show Rising US Business Optimism
A jump in U.S. investment and hiring plans for 2017 indicates manufacturers and service providers have grown more optimistic about the economy since late last year, the Institute for Supply Management’s twice-yearly forecast showed May 22.
Post-Election Rally Fades for Americans' Economic Expectations
This month’s slide in Americans’ economic expectations to the lowest level since November indicates the euphoria about U.S. growth prospects since the election has diminished, Bloomberg Consumer Comfort Index figures showed May 18.
Drops in US Housing Starts, Permits Show Sector Weakness
Unexpected declines in U.S. new-home construction and building permits in April indicate the market is off to a weak start this quarter, government data showed May 16.
It's Back to Steady for US Economy as Retail Sales, CPI Rise
Data released May 12 showed consumer retail purchases rose last month, albeit less than forecast, after a March gain that was revised from a decline, indicating the early-2017 slowdown was transitory.
Rebound in Consumer Prices Shows Inflation Stabilizing
A rebound in U.S. consumer prices in April signals inflation is stabilizing, supporting the case for Federal Reserve policymakers to raise interest rates, Labor Department figures showed May 12.