An unexpected decline in U.S. orders for business equipment in May indicates cooling capital-goods investment may weigh on second-quarter economic growth, Commerce Department data showed June 26.
Author: By Sho Chandra - Bloomberg News
Jobless Claims Show Tight Labor Market, Even With Increase
The slight gain in filings for U.S. unemployment benefits last week is still consistent with a resilient job market, Labor Department figures showed June 22.
Jobless Claims Show Tight Labor Market, Even With Increase
The slight gain in filings for U.S. unemployment benefits last week is still consistent with a resilient job market, Labor Department figures showed June 22.
Steady Consumer Comfort Signals Sustained Economic Growth
Americans’ confidence hovered near a decade high last week, indicating consumers remain upbeat about the U.S. economic outlook, Bloomberg Consumer Comfort Index figures showed June 15.
Drop in Retail Sales Signals Uneven Consumer Spending
U.S. retail sales fell in May by the most since the start of 2016, reflecting broad declines in categories such as motor vehicles and electronics, Commerce Department figures showed June 14.
Infrastructure Boost Fades in US Economic-Growth Forecasts
President Donald Trump is stepping up the fanfare around his $1 trillion infrastructure proposal, but the plan is fast becoming a nonfactor in forecasts for U.S. economic growth.
Infrastructure Boost Fades in US Economic-Growth Forecasts
President Donald Trump is stepping up the fanfare around his $1 trillion infrastructure proposal, but the plan is fast becoming a nonfactor in forecasts for U.S. economic growth.
Elevated US Consumer Comfort Index Signals Sustained Growth
Americans’ confidence hovering near a decade high bodes well for sustained expansion in the U.S. economy, Bloomberg Consumer Comfort Index figures showed June 8.
Elevated US Consumer Comfort Index Signals Sustained Growth
Americans’ confidence hovering near a decade high bodes well for sustained expansion in the U.S. economy, Bloomberg Consumer Comfort Index figures showed June 8.
Job Openings Hit Record High in April, Topping 6 Million
An increase in U.S. job openings in April to a record high indicates demand for workers remains strong in the world’s largest economy while the supply is tightening, a Labor Department report showed June 6.