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Nov. 25 (Bloomberg) -- Consumer spending and sales of new homes climbed more than forecast while claims for jobless benefits dropped to the lowest level in a year, putting the U.S. economy on stronger footing heading into 2010.
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Nov. 24 (Bloomberg) -- The U.S. economy expanded less than initially estimated last quarter as consumer spending trailed forecasts, raising concerns about the strength of the recovery.
Nov. 24 (Bloomberg) -- The U.S. economy expanded at a 2.8 percent annual rate in the third quarter, less than the government reported last month, reflecting a smaller gain in consumer spending and a bigger trade deficit.
Three reports delivered mixed news on the economy heading into the Thanksgiving holiday: The good newes is that Unemployment claims fell and consumer spending rose; the bad news is that orders for durable goods fell.
that when economic numbers look good Obama takes the credit and when there is a dip then, he says it is because he inherited a bad economy. … read more Numbers are all smoke and mirrors and they all can manipluate them to make one side look bad and one look good.
Reports on first-time jobless claims, consumer spending and new home sales come out this morning, as economists wait to crunch the numbers.
Nov. 25 (Bloomberg) -- U.S. stocks gained, sending the Dow Jones Industrial Average to a 13-month high, as new home sales beat forecasts and jobless claims fell, suggesting the economic recovery is broadening.
UPDATED The Labor Department reported Wednesday the number of first-time jobless claims dropped last week to 466,000 -- the lowest in more than a year. The report was among three upbeat announcements this morning by the federal government about the U.S. economy. The Census Bureau reported sales of new, single-family homes increased by 6.2 percent in October. The 430,000 homes sold was 25,000 ...
WASHINGTON -(Dow Jones)- U.S. consumer spending bounced back in October, while initial jobless claims last week fell to the lowest level in more than a year, boding well for economic growth in the fourth quarter.
(RTTNews) - Following the release of U.S. Commerce Department's October durable goods orders, personal income & outlays report and the the Labor Department's jobless claims data for the week ended November 21st, the greenback remained steady against its major rivals.
Consumer spending rose in October and fewer people filed for jobless benefits last week than in over a year, according to a new round of economic data that provides a bit of hope for the economy heading into the holiday season.
U.S. stock market futures add to gains after a raft of data on consumer spending, jobless claims and durable-goods orders, with more figures on consumer sentiment and new home sales to come ahead of the Thanksgiving holiday. Gold probes new record highs.
WASHINGTON (AP) — In a hopeful sign, the number of newly laid-off workers filing claims for unemployment benefits fell more than expected last week, dropping below 500,000 for the first time since January.
WASHINGTON -(Dow Jones)- U.S. consumer spending and incomes rose in October and initial jobless claims last week fell to the lowest level in more than a year, figures that bode well for economic growth in the fourth quarter.
Nov. 25 (Bloomberg) -- Stocks and commodities advanced, while the dollar approached a 14-year low against the yen, as reports on home sales, jobless claims and consumer confidence spurred optimism that the economic recovery is strengthening.
WASHINGTON (Reuters) - U.S. consumer spending rose more than expected in October, while new applications for jobless aid last week fell to their lowest level in more than a year, suggesting the economic recovery is gaining traction.
