Consumer spending climbed in March, capping a lackluster first-quarter performance that was enough to keep the U.S. economy from shrinking.
April 30, 2015Latest News Updates From Bloomberg News
Economy Stalls on Slump in Business Spending, Exports
The economy in the U.S. barely grew in the first quarter, buffeted by slumps in business investment and exports after oil prices plunged and the dollar surged.
April 29, 2015Pending Sales of Previously Owned °®¶¹´«Ã½s Rose 1.1% in March
The number of Americans who signed contracts in March to buy previously owned homes climbed after the biggest increase in more than four years, a sign for further progress in the housing recovery.
April 29, 2015Consumer Confidence Declines in April
The Conference Board’s index of consumer confidence unexpectedly decreased to 95.2 in April from 101.4 a month earlier, the New York-based private research group said April 28.
April 28, 2015Durable Goods Demand Up 4% in March
Demand for all durable goods — items meant to last at least three years — rose 4% on aircraft and autos in March, data from the Commerce Department showed April 24.
April 24, 2015Sales of New °®¶¹´«Ã½s Slumped in March from Seven-Year High
Purchases of new homes slumped more than forecast in March from a seven-year high, a sign progress in the industry will be halting.
April 23, 2015Jobless Claims Hold Below 300,000 for Seventh Week
Applications for U.S. unemployment benefits held below 300,000 for the seventh straight week, pointing to a rebound in payrolls after hiring eased last month.
April 23, 2015Sales of Existing °®¶¹´«Ã½s Rise to Highest Level Since 2013
Sales of previously owned homes climbed in March to the highest level since September 2013 as job growth and cheap borrowing costs helped sustain the progress in residential real estate.
April 22, 2015Consumer Sentiment Climbs to Second-Highest Level Since 2007
Consumer confidence improved in April to the second-highest level in more than eight years as Americans held more favorable views of the economic outlook and inflation.
April 17, 2015Gain in Core Consumer Prices Signals Inflation Picking Up
The cost of living in the United States, excluding food and fuel, rose 0.2% in March for a third month, signaling inflation is starting to firm.
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