US Trade Deficit Balloons to Widest in Almost Six Years
The U.S. trade deficit in November reached the highest level in almost six years as an increase in imports exceeded a gain in shipments overseas, Commerce Department data showed Jan. 5.
January 5, 2018US Added Fewer Jobs Than Expected in December
U.S. payroll gains slowed by more than forecast in December, wages picked up slightly and the jobless rate held at the lowest level since 2000, adding to signs of a full-employment economy.
Consumer Comfort in US Advanced in 2017 to a 16-Year High
American consumers last year were more upbeat on average than at any time since 2001, reflecting more favorable views of the economy, personal finances and the buying climate, according to the Bloomberg Consumer Comfort Index released Jan. 4.
Companies in US Added 250,000 Jobs in December, ADP Says
Payrolls at U.S. companies increased in December by the most in nine months, consistent with further progress in the labor market, according to data released Jan. 4 from the ADP Research Institute in Roseland, N.J.
Here’s How the Winter Deep Freeze Will Affect the US Economy
A winter storm sweeping the U.S. East Coast after a week of very low temperatures is probably boosting demand for boots and mittens — and thanks in part to its timing, it shouldn’t chill economic data more broadly.
Manufacturing in the US Just Accelerated to Its Best Year Since 2004
U.S. manufacturing expanded in December at the fastest pace in three months, as gains in orders and production capped the strongest year for factories since 2004, the Institute for Supply Management said Jan. 3.
Outlook for US Corporate Earnings Is at a Six-Year High
Wall Street doesn’t think corporate America will have a hard time coming up with those employee bonuses that were promised after taxes were slashed.
Full Speed Ahead for Economy, Trucking in 2018
Trucking firms are revved up for 2018, with predictions of tight capacity and strong demand for freight hauling setting the stage for an anticipated big year ahead for the industry, and indicators pointing to a potentially sustained period of business expansion in the United States and around the globe.
December 28, 2017Jobless Claims Rise by Most Since Storms to Five-Week High
U.S. filings for unemployment benefits jumped to the highest in five weeks, though the level remained low by historical standards, Labor Department figures showed Dec. 21.
Sales of Existing Homes Climb to an Almost 11-Year High
Sales of previously owned U.S. homes rose in November to an almost 11-year high, indicating demand picked up momentum heading into the end of the year, according to a National Association of Realtors report released Dec. 20
December 20, 2017