Job Openings in US Jumped in March to Second-Highest on Record
Job openings climbed in March to the second-highest level on record, a sign the U.S. labor market stayed strong in the first quarter, a report from the Labor Department showed May 10.
Pending Sales of Existing Homes in March Rise More Than Forecast
More Americans than forecast signed contracts to purchase previously owned homes in March, an encouraging sign as the housing market was entering its busiest selling season of the year.
Sales of New Homes Fall for a Third Month on Slump in West
Purchases of new homes in the United States unexpectedly declined in March for a third month, reflecting the weakest pace of demand in the West since July 2014.
Purchases of Previously Owned Homes Rebounded in March
Purchases of previously owned U.S. homes rose more than projected in March, indicating resilience in demand heading into the spring selling season.
Housing Starts Slumped More Than Expected in March
New-home construction in the U.S. slumped more than projected in March, reflecting a broad-based retreat that showed the industry lost momentum heading into the busiest time of year.
Consumer Comfort Rose Last Week for First Time in Month
Consumer confidence climbed for the first time in a month, as perceptions about the world’s largest economy jumped by the most in more than a year.
Jobless Claims Decline to Match Lowest Level Since 1973
The number of Americans filing applications for unemployment benefits unexpectedly declined last week to match a more than 42-year low, indicating employers are upbeat about an economy that bogged down in the first quarter.
Retail Sales Unexpectedly Fall as Consumers Scrimp
Sales at U.S. retailers unexpectedly fell in March, raising concern that consumer spending is losing momentum.
Fewer Americans Filed for Unemployment Benefits Last Week
Fewer Americans filed for unemployment benefits last week, illustrating a healthy labor market that’s allowing workers to feel more secure in their jobs.
Manufacturing Expands for First Time in Seven Months
Manufacturing expanded in March for the first time in seven months, fueled by a surge in orders that signals American factories are emerging from their worst slump since the last recession.