Narrowing of US Trade Deficit in June Shows Export Swing
America’s trade deficit narrowed to an eight-month low in June, helped by the biggest outflow of goods and services since the end of 2014, a positive signal for the economy entering the third quarter, Commerce Department data showed Aug. 4.
Gain in Pending Home Sales Shows Market Is Stabilizing
A rebound in contract signings for the purchase of previously owned U.S. homes shows housing demand is stabilizing after a three-month downturn, National Association of Realtors figures released July 31 showed.
Manufacturing in US Kept Expanding at Robust Pace in March
America’s factories continued to expand in March at a robust pace, demonstrating momentum in an industry that struggled for the better part of the past two years, Institute for Supply Management data showed April 3.
US Manufacturing Expands at Robust Pace in March
America’s factories continued to expand in March at a robust pace, demonstrating momentum in an industry that struggled for the better part of the past two years, Institute for Supply Management data showed April 3.
Consumer Borrowing in US Posts Smallest Gain Since July 2012
U.S. consumer debt outstanding in January posted the smallest gain since July 2012 as American households reduced their credit-card balances.
Consumer Comfort Gauge in 2016 Was Strongest in Nine Years
American households were more upbeat last year on average than at any time since 2007, according to figures in the Bloomberg Consumer Comfort Index released Jan. 5.
Jobless Claims Decrease to Lowest Level in Three Weeks
Fewer Americans filed applications for unemployment benefits last week, validating the Federal Reserve’s view of a vigorous labor market.
Small-Business Optimism Surges in November After US Election
Confidence among U.S. small businesses surged in November by the most since the spring of 2009 as companies grew decidedly upbeat about sales and economic prospects after the presidential election, a report from the National Federation of Independent Business showed Dec. 13.
Under the Hood of US Construction Are Bigger Values Than in GDP
While total construction outlays unexpectedly dropped 0.4% in September, the values of nonresidential projects and home building used to calculate gross domestic product were higher than the Commerce Department assumed in its first estimate of third-quarter growth.
What to Know About the Government's Latest Construction Numbers
Here’s one key takeaway from the Commerce Department’s report Jan. 4 on U.S. construction spending: The 0.4% decrease in November, which itself was weaker than the most pessimistic Bloomberg News survey forecast, was accompanied by downward revisions to prior months.