Economy News Updates

Business

Growth in US Manufacturing Eases From a 13-Year High

Manufacturing remained solid in October even as expansion at U.S. factories cooled from a 13-year high a month earlier, figures from the Institute for Supply Management showed Nov. 1.

November 1, 2017
Business

US Companies Add Most Workers in Seven Months, ADP Data Show

Companies added more workers than forecast to U.S. payrolls in October, indicating hiring snapped back after hurricanes Harvey and Irma, according to data released Nov. 1 from the ADP Research Institute in Roseland, N.J

November 1, 2017
Business

US Manufacturing Is Powering Up, Regional Report Cards Show

America’s factories cranked it up in October, according to the latest regional manufacturing indexes.

October 31, 2017
Business

°®¶¹´«Ã½ownership Rate Rises for Second Time This Year

The U.S. homeownership rate rose for the second time this year as improving employment drove demand for property purchases.

October 31, 2017
Business

Consumer Confidence Just Hit Its Highest Level in Almost 17 Years

U.S. consumer confidence rose more than expected in October to the highest in almost 17 years as Americans grew more confident about the economy and job market, according to figures Oct. 31 from the New York-based Conference Board.

October 31, 2017
Business

°®¶¹´«Ã½-Price Gains in 20 US Cities Showed Acceleration in August

°®¶¹´«Ã½-price gains in 20 U.S. cities accelerated in August amid tight inventories and steady economic growth, figures from S&P CoreLogic Case-Shiller showed Oct. 31.

October 31, 2017
Business

Employment Costs Pick Up on Faster Wage Gains at Factories

U.S. employment costs picked up in the third quarter from the previous three months, helped in part by faster wage gains in manufacturing, the Labor Department said Oct. 31.

October 31, 2017
Business

US Consumer Sentiment Rises to Highest Since Early 2004

Consumer sentiment climbed in October to the highest level since the start of 2004 as households grew upbeat about the outlook for the U.S. economy, a University of Michigan survey showed Oct. 27.

October 27, 2017
Business

US Growth at Above-Forecast 3% on Consumers and Businesses

The U.S. economy expanded at a faster pace than forecast in the third quarter, indicating resilient demand from consumers and businesses even with the hit from hurricanes Harvey and Irma, Commerce Department data showed Oct. 27.

October 27, 2017
Business

Consumer Comfort Little Changed; Partisan Divide Widens

Americans’ confidence held steady last week, remaining near the highest level of the expansion, as faith in the buying climate improved while views on the economy deteriorated, Bloomberg Consumer Comfort Index figures showed Oct. 26.

October 26, 2017