Services-Sector Growth May Have Slowed in December
The Institute for Supply Management’s composite services index fell to 62.0 percent in December, falling 7.1 points from 69.1 percent...
Robert Hughes
Weekly Initial Claims for Unemployment Benefits Remain Low as Labor Market Remains Tight
Initial claims for regular state unemployment insurance increased by 7,000 in the latest week, coming in at 207,000 (see first...
Unit Auto Sales Fell in December but Assemblies Rose in November
Sales of light vehicles totaled 12.4 million at an annual rate in December, down slightly from a 12.9 million pace...
Private-Sector Job Openings Fell in November but Quits Surged
The latest Job Openings and Labor Turnover Survey from the Bureau of Labor Statistics shows the total number of job...
Manufacturing-sector Demand Remains Strong Amid Early Signs of Supply Chain Improvement
The Institute for Supply Management’s Manufacturing Purchasing Managers’ Index fell to 58.7 in December, off 2.4 points from 61.1 percent...
New Single-Family Home Sales, Inventories, and Prices Rise in November
Sales of new single-family homes posted a gain in November, increasing 12.4 percent to 744,000 at a seasonally-adjusted annual rate...
Tech and Aircraft Push Durable-Goods Orders Higher in November
New orders for durable goods increased in November, rising 2.5 percent, the second consecutive gain and the 17th increase in...
Weekly Initial Claims for Unemployment Benefits Hold at a Low Level
Initial claims for regular state unemployment insurance were unchanged in the latest week, coming in at 205,000 (see first chart)....
Existing Home Sales Remained Strong in November Amid Tight Supply
Sales of existing homes increased 1.9 percent in November, to a 6.46 million seasonally adjusted annual rate. Sales are still...
Consumer Confidence Ticked Up in December
The Consumer Confidence Index from The Conference Board rose in December but remains at a historically moderate level overall. The...
Housing Construction Performed Well in November
Total housing starts rose to a 1.679 million annual rate in November from a 1.502 million pace in October, an...
Weekly Initial Claims for Unemployment Benefits Ticked Up but Remain Very Low
Initial claims for regular state unemployment insurance rose slightly in the latest week, rising to 206,000 for the week ending...
