Orders for Durable Goods Decline in Broad-Based Slowdown
Orders for durable goods fell in February for the third time in four months, reflecting a broad-based slowdown that underscores lingering softness in U.S. capital investment.
Job Openings Increase in January to 5.54 Million
Job openings outpaced hiring in January, consistent with further improvement in the U.S. labor market.
Applications for Jobless Benefits Rise to 278,000
The number of Americans applying for unemployment benefits rose last week to a level that’s consistent with steady improvement in the labor market.
Companies Added 214,000 Workers in February, ADP Says
Companies added more workers than projected in February, indicating the U.S. job market remains strong, according to a private report based on payrolls.
Jobless Claims Rise in Holiday Week From Three-Month Low
The number of Americans filing applications for unemployment benefits rose last week from a three-month low, in part reflecting the typical swings during holiday periods.
US Manufacturing Contracts in January for a Fourth Month
Manufacturing in the United States shrank in January for a fourth consecutive month as businesses cut staffing plans. Growth resumed in new orders and production, indicating some stabilization in the industry.
Jobless Claims Fall More Than Expected After Holidays
Applications for unemployment benefits in the United States declined last week from a six-month high, indicating firings remain low after the volatility typically associated with post-holiday staff adjustments.
Sales of New Homes Surge in December to 10-Month High
Purchases of new homes in the United States surged in December to the highest level in 10 months, closing out the best year for housing since 2007.
Housing Starts Unexpectedly Decline 2.5% in December
New-home construction in the United States unexpectedly fell in December, indicating the industry lost momentum entering 2016.
Confidence Among Homebuilders Unchanged in January
Confidence among U.S. homebuilders was unchanged at the start of year, indicating the residential real estate market was sustaining the steady progress made in 2015.