A limited number of properties for sale against a backdrop of steady demand helped keep home prices elevated in January, according to S&P CoreLogic Case-Shiller data released March 27.
March 27, 2018Economy News Updates
Consumer Confidence Eases for First Time This Year
U.S. consumer confidence declined in March for the first time this year on tempered optimism about the outlook for the economy, according to figures March 27 from the New York-based Conference Board.
March 27, 2018New-ºÚÁϳԹÏÍø Sales Cool for Third Month as Prices Surge
Sales of new U.S. homes fell for a third straight month and supply swelled to the highest since 2009, suggesting that surging prices are increasingly deterring buyers, according to government data released March 23.
March 23, 2018Capital-Equipment Orders Rebound by More Than Forecast
Orders placed with U.S. factories for business equipment snapped back in February after two months of declines, consistent with steady manufacturing growth, a Commerce Department report showed March 23.
March 23, 2018Cracks Are Starting to Appear in the Global Economy’s Momentum
The global economy’s upswing showed signs of strain in March as a drop in momentum at businesses from Japan to the euro region underscored the world’s vulnerability to confidence shocks from a trade war.
March 22, 2018Jobless Claims Creep Higher While Benefit Rolls Lowest Since 1973
U.S. filings for unemployment insurance crept higher while the number of Americans on benefit rolls fell to the lowest level since 1973 in another indication of a tight job market, Labor Department figures showed March 22.
March 22, 2018Americans’ Economic Expectations Match Strongest Since 2002
Americans’ outlook for the economy climbed in March for a third straight month to match the highest level since 2002, data from the Bloomberg Consumer Comfort Index showed March 22.
March 22, 2018Factory Output Rebounds in February and Exceeds Estimates
U.S. factory production bounced back in February, far exceeding analyst estimates and showing a key part of the economy is on track for steady growth this quarter, Federal Reserve data showed March 16.
March 16, 2018Housing Starts Cooled in February After Robust January
U.S. new-home construction cooled by more than expected in February on a reversal in the volatile multifamily category, while building remained on pace to contribute to economic growth this quarter, government figures showed March 16.
March 16, 2018Jobless Claims Decline for Third Time in Four Weeks
U.S. filings for unemployment benefits fell for the third time in four weeks and remain near the lowest level in 48 years, underscoring tightness in the job market, Labor Department figures showed March 14.
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