Services Industries Grew at a Faster Pace in January
Service industries expanded at a faster pace in January, a sign of progress in the biggest part of the economy that will help the U.S. work through a global slowdown.
Companies Added 241,000 Workers in December, ADP Says
Companies added more workers than forecast in December, indicating the U.S. job market was sustaining strength as 2014 drew to a close, according to a private report based on payrolls.
Pending Sales of Existing Homes Drop by Most in a Year
Contracts to purchase previously owned U.S. homes fell in December by the most in a year, a sign the industry’s recovery remains uneven.
Sales of New Homes Rise to Highest Level in Six Years
Purchases of new homes in the U.S. jumped in December to the highest level in more than six years, a sign the industry is poised to keep expanding in 2015.
Sales of Existing Homes Rise in December
Purchases of previously owned U.S. homes rose less than forecast in December as higher prices discouraged first-time buyers.
Housing Starts Rise in December to Finish Best Year Since 2007
New residential construction in the U.S. rose more than forecast in December, capping the best year since 2007 and signaling the industry will probably keep expanding this year.
Jobless Claims Climb to Four-Month High
More Americans unexpectedly filed applications for unemployment benefits last week, indicating companies let go of seasonal workers following the holidays.
Companies in US Added 241,000 Workers in December, ADP Says
Companies added more workers than forecast in December, indicating the U.S. job market was sustaining strength as 2014 drew to a close, according to a private report based on payrolls.
Service Industries Expand at Slowest Pace in Six Months
Service industries expanded in December at the slowest pace in six months, indicating the biggest part of the U.S. economy cooled as the year drew to a close.
Jobless Claims Rise by 17,000 During Volatile Holiday Period
More Americans filed applications for unemployment benefits for the first time in five weeks, displaying the typical year-end holiday swings that make the data difficult to interpret.