U.S. prices rose marginally in December, keeping the annual increase in inflation below 3% for a third straight month.
Read More US inflation trending lower; consumer spending strong in December
Tag: Consumer spending
US economy shrugs off recession prediction with strong fourth-quarter performance
The U.S. economy grew faster than expected in the fourth quarter and shrugged off dire predictions of a recession.
Read More US economy shrugs off recession prediction with strong fourth-quarter performance
US job growth accelerates in December; wage gains solid
U.S. employers hired more workers than expected in December while raising wages at a solid clip.
Read More US job growth accelerates in December; wage gains solid
Economic Update: GDP Revised Down To 4.9% In Q3
In the latest economic update, our GDP, encompassing all the goods and services we produce, increased by 4.9% in Q3 this year, revised down from the initial 5.2%.
Read More Economic Update: GDP Revised Down To 4.9% In Q3
US single-family housing starts jump to more than 1-1/2-year high
Declining mortgage rates and incentives from builders are likely to draw potential buyers back into the housing market.
Read More US single-family housing starts jump to more than 1-1/2-year high
US retail sales beat expectations; weekly jobless claims fall
U.S. retail sales unexpectedly rose in November as the holiday shopping season got off to a brisk start amid deep discounting.
Read More US retail sales beat expectations; weekly jobless claims fall