Spending on U.S. construction projects fell 1.1 percent in June, the biggest decline in more than a year as spending on public construction dropped at the highest rate in more than five years. Continue reading →
{FD} Pay gains for US workers slowed in second quarter
U.S. workers saw their wages and benefits grow more slowly in the second quarter, a sign that a tight labor market has yet to accelerate income gains. Continue reading →
{FD} Consumer confidence bounces back in May
American consumers were feeling more a bit more optimistic in May following a slight decline in confidence in April. Continue reading →
{FD} US pending home sales rose 0.5 percent in December
The pace of Americans signing contracts to buy homes rose for a third straight month in December, raising an index of pending home sales by 0.5 percent. Continue reading →
{FD} US service sector expands at slower rate in December
U.S. services companies expanded at a slower pace in December for the second straight month. Continue reading →
{FD} US construction spending rose 0.8 percent in November
U.S. builders spent 0.8 percent more on construction projects in November. Continue reading →
{FD} Applications for US jobless aid hold at 245,000
The number of unemployed workers filing for jobless benefits remained the same from the previous week at 245,000, a low level signaling a healthy job market. Continue reading →
{FD} US new home sales skyrocket 17.5 percent in November
Americans stepped up their purchases of new homes at the fastest pace in more than 25 years in November, with sales skyrocketing 17.5 percent amid robust demand and a continued shortage of existing homes on the market. Continue reading →
{FD} US durable goods orders rise 1.3 percent in November
Orders for long-lasting manufactured goods rose last month by 1.3 percent, boosted by orders for both commercial and defense aircraft. Continue reading →
{FD} US businesses increase stockpiles in July
U.S. businesses increased their stockpiles in July, but at a slower pace than in June. Continue reading →
{FD} US factory orders tumbled in July
Orders at U.S. factories tumbled in July, dragged down by a sharp fall in orders for civilian aircraft. Continue reading →
{FD} US businesses increase stockpiles in June
U.S. businesses increased their stockpiles in June by the largest amount in seven months, while sales also rose. Continue reading →
{FD} US employment costs grew slower in second quarter
Wages and benefits paid to U.S. civilian workers grew more slowly in the second quarter. Continue reading →