Spending by Consumers Rises Less Than Expected
Consumer purchases rose less than projected in February, indicating the biggest part of the U.S. economy will find it hard to sustain momentum after the best quarter since 2006.
Consumer Sentiment Cools, Capping Best Quarter Since 2004
Consumer confidence fell less than forecast in March, capping the best quarter since 2004 as the labor market stayed strong and gasoline prices leveled off.
Consumer Confidence Rises to Match Second-Highest Level Since 2007
Consumer confidence climbed last week to match the second-highest level since July 2007, propelled in part by gains among lower-income earners and job seekers as the labor market improves.
Jobless Claims Little Changed, Signaling a Resilient Labor Market
Fewer than 300,000 Americans filed applications for unemployment benefits for a second week, signaling the labor market remains resilient even as the economy shows signs of slowing.
Retail Sales Fall for Third Straight Month
Sales at U.S. retailers unexpectedly decreased in February for a third consecutive month as inclement weather and low wage gains restrained shoppers.
Consumer Spending Rises as Fuel Costs Fall
Consumer purchases adjusted for inflation rose in January, a sign the plunge in gasoline prices is helping boost the biggest part of the U.S. economy.
Fuel Price Decline Fails to Ripple Through Economy as Cost of Goods and Services Rise
The recent slump in fuel prices is so far failing to ripple through the U.S. economy as the cost of services such as rents climbs, bolstering the Federal Reserve’s view that inflation will eventually reach their goal.
Jobless Claims Decline, as Labor Market Makes Progress
Fewer Americans than forecast filed applications for unemployment benefits last week, showing the labor market is making progress.
Housing Starts Fall as Demand for Single-Family Homes Cools
Builders broke ground on fewer U.S. residential construction projects in January as demand for single-family homes cooled from an almost seven-year high, signaling the rebound in housing remains uneven.
Retail Sales Decline For Second Consecutive Month
Sales at U.S. retailers fell more than forecast in January, reflecting smaller receipts at gasoline stations and declines at clothing and sporting goods stores.