Jobless Rolls at 28-Year Low, Show US Labor Tightness
A decline in U.S. jobless-benefit rolls to a 28-year low adds to signs of a tight labor market, as initial unemployment claims also remained subdued, Labor Department figures showed May 11.
Productivity Falls by Most in a Year; Labor Costs Climb
U.S. worker productivity declined in the first quarter by the most in a year as growth in the world’s largest economy weakened, a Labor Department report showed May 4.
Sales of Existing Homes Rise to Fastest Pace in a Decade
Sales of previously owned U.S. homes rose more than forecast in March to the fastest pace in a decade, signaling sustained momentum in the housing market despite higher prices and scarce supply, a report from the National Association of Realtors showed April 21
Producer Prices Decline for First Time Since August 2016
Wholesale prices in the U.S. declined in March for the first time since August 2016, a sign broader inflation will accelerate only gradually, a Labor Department report showed April 13.
Job Openings in US Climbed in February to a Seven-Month High
U.S. job openings climbed in February to a seven-month high, signaling a resilient labor market, a Labor Department report showed April 11.
Consumer Comfort Rises for Fifth Time in Last Six Weeks
Americans’ confidence climbed for the fifth time in the last six weeks, resulting in the strongest quarterly sentiment since 2007, Bloomberg Consumer Comfort Index figures showed April 6.
Jobless Claims Decline to a Five-Week Low of 234,000
Filings for U.S. unemployment benefits declined to a five-week low, highlighting a resilient job market, a Labor Department report showed April 6.
Companies in US Added 263,000 Employees in March, ADP Says
Companies added workers to U.S. payrolls in March at the fastest pace since December 2014 on solid gains in construction and manufacturing and at small businesses, data from the ADP Research Institute in Roseland, N.J., showed April 5.
Orders for Durable Goods Increase More Than Forecast
Orders for U.S. durable goods increased more than forecast in February, a sign companies are confident about the outlook for the economy.
Manufacturing Production in Rises for Sixth Straight Month
Output at U.S. manufacturers rose in February for a sixth consecutive month, underscoring a sustained rebound in the industry.