Business

Trade Deficit Widens as Olympics Drive Imports Higher

The U.S. trade deficit unexpectedly widened in August, as higher imports of capital goods and record purchases of services from abroad overshadowed a gain in exports.

Sho Chandra | Bloomberg News
October 5, 2016
Business

Consumer Spending Little Changed as Income Gains Cool

Consumer spending was little changed in August as income growth cooled, pointing to a softening in consumption after a run of strong gains.

Sho Chandra | Bloomberg News
September 30, 2016
Government

Economy Expanded at Revised 1.4% Rate in Second Quarter

The U.S. economy expanded more in the second quarter than previously estimated, reflecting a smaller drag from business spending on structures and equipment.

Sho Chandra | Bloomberg News
September 29, 2016
Business

Orders for Durable Goods Were Little Changed in August

Orders for U.S. durable goods were little changed in August and shipments of capital equipment declined for a fourth straight month, indicating lingering weakness in manufacturing.

Sho Chandra | Bloomberg News
September 28, 2016
Business

Sales of New Homes Retreated in August From Nine-Year High

Purchases of new U.S. homes dropped in August after surging a month earlier to the fastest pace since 2007, representing a pause in momentum within residential real estate.

Sho Chandra | Bloomberg News
September 26, 2016
Business

Sales of Existing Homes Unexpectedly Declined in August

Sales of previously owned U.S. homes unexpectedly declined to a six-month low in August, signaling that buyers are getting discouraged by a limited selection of properties that’s kept prices high, National Association of Realtors data showed Sept. 22.

Sho Chandra | Bloomberg News
September 22, 2016
Business

Housing Starts Declined in August on Plunge in South

New U.S. home construction fell more than projected in August as a plunge in the South, the biggest region for building, more than offset gains in the rest of the country.

Sho Chandra | Bloomberg News
September 20, 2016
Business

Consumer Prices Rose More Than Forecast in August

The cost of living in the United States rose more than projected in August on higher shelter and health-care prices, indicating that inflation continues to move toward the Federal Reserve’s goal.

Sho Chandra | Bloomberg News
September 16, 2016
Business

Factory Output Declines More Than Forecast in August

Output at American manufacturers fell more than economists forecast in August, a sign the industry is having trouble finding its footing.

Sho Chandra | Bloomberg News
September 15, 2016
Business

Consumer Comfort Rebounds as Personal Finances Improve

Americans’ moods steadied last week after a slight pullback as household finances improved and consumers felt better about making purchases, according to the weekly Bloomberg Consumer Comfort Index released Sept. 8.

Sho Chandra | Bloomberg News
September 8, 2016