Economy News Updates

Business

Factory Output Surged in October on Hurricane Rebound

A surge in U.S. factory production last month matched the largest gain since 2010 as output at oil refineries and petrochemical plants returned to normal operations following Hurricane Harvey, Federal Reserve data showed Nov. 16.

November 16, 2017
Business

Gain in Retail Sales Last Month Signals Steady Demand

U.S. retail sales increased last month after a bigger September advance than previously estimated, indicating resilient demand heading into the holiday shopping season, according to Commerce Department figures released Nov. 15.

November 15, 2017
Business

Wholesale Prices Rose More Than Forecast in October

U.S. wholesale prices advanced more than forecast in October, boosted by higher margins at fuel retailers, a Labor Department report showed Nov. 13 in Washington. Compared with a year earlier, producer prices rose the most in more than five years.

November 14, 2017
Business

Consumer Comfort Stays High in Positive Sign for Economy

Americans’ confidence was little changed last week from elevated levels, underpinned by optimism about the buying climate and the economy, Bloomberg Consumer Comfort Index figures showed Nov. 9.

November 9, 2017
Business

Consumer Comfort Advances to Seven-Week High on Finances

U.S. consumer comfort advanced to a seven-week high as Americans’ confidence in their personal finances increased by the most since February, Bloomberg Consumer Comfort Index figures showed Nov. 2.

November 2, 2017
Business

Productivity Rises by Most in Three Years as Output Jumps

Worker productivity in the U.S. rose in the third quarter by the most since 2014 as the world’s largest economy expanded at a solid pace, a Labor Department report showed Nov. 2 in Washington.

November 2, 2017
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

ºÚÁϳԹÏÍøownership 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