Job Openings Surge to Record in Sign of Robust Labor Demand
A June surge in U.S. job openings to a record indicates demand for workers remained strong at the end of the second quarter, a Labor Department report showed Aug 8
August 8, 2017Narrowing 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.
Consumer Comfort Reaches Seven-Week High on US Economic Views
Americans last week started feeling much more confident about the economy, pushing the Bloomberg News Consumer Comfort Index to a seven-week high and partly reversing an early-summer slump, figures released Aug. 3 showed.
Decline in Jobless Claims Shows Labor Demand Remains Robust
The decline in filings for U.S. unemployment benefits last week underscores steady demand for workers in a tightening job market, Labor Department figures showed Aug 3.
August 3, 2017ADP Data on Company Hiring in Sync With Moderate US Job Growth
The gain in hiring at companies in July, along with upward revisions to the prior month, is consistent with moderate growth in U.S. employment, according to data released Aug. 2 from the ADP Research Institute in Roseland, N.J.
August 2, 2017Factory Gauge Continues to Signal Solid Expansion in July
American manufacturers turned in another solid month in July amid steady growth in production, orders and employment, according to figures from the Institute for Supply Management released Aug. 1.
Americans’ Spending Barely Grew in June as Incomes Stagnated
Consumer spending lost momentum in June and a drop in dividend payments caused incomes to stagnate, signaling the U.S. economy may get less help from households this quarter, Commerce Department figures showed Aug. 1.
August 1, 2017Gain 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.
Weaker Prospects for Incomes Weigh on US Consumer Sentiment
Less enthusiasm about prospects for the U.S. economy and personal finances sent consumer sentiment to a nine-month low in July, survey data from the University of Michigan showed July 28.
US Economic Growth Rebounds, but Breaking Out Is Hard to Do
The U.S. economy’s second-quarter rebound puts the expansion back on its familiar, steady path more than it heralds anything new and exciting.
July 28, 2017