Factory orders data eases economic slowdown fears
WASHINGTON (Reuters) - New orders for U.S. factory goods outside of the volatile transportation sector rose for a third straight month in December, easing concerns of an abrupt slowdown in...
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U.S. employment seen rebounding in January, may allay growth fears
WASHINGTON (Reuters) - U.S. hiring likely snapped back from a three-year low in January and kept the unemployment rate steady at 6.7 percent, which could ease investors' fears the economy...
U.S. consumer spending rose in December, confidence slips this month
WASHINGTON (Reuters) - U.S. consumer spending rose in December, but an ebb in consumer confidence and signs of cooling in factory activity this month suggested economic growth could moderate in...
Consumers, trade seen boosting fourth-quarter growth
WASHINGTON (Reuters) - Rising household spending and exports likely pushed the U.S. economy ahead at a decent clip in the fourth quarter, building a foundation for stronger growth this year....
Firming U.S. economy seen supporting jobs market in December
WASHINGTON (Reuters) - A strengthening U.S. economy likely encouraged employers to maintain a strong pace of hiring in December, further supporting the Federal Reserve's decision last month to start curtailing...
U.S. manufacturing, housing data buoy economic outlook
WASHINGTON (Reuters) - Orders for long-lasting U.S. manufactured goods surged in November and a gauge of planned business spending on capital goods recorded its largest increase in nearly a year,...
U.S. growth revised higher, economy on firmer footing
WASHINGTON (Reuters) - The U.S. economy grew at its fastest pace in almost two years in the third quarter, the government said on Friday as it revised its estimates of...
Household net worth hits record high in third quarter
WASHINGTON (Reuters) - Household net worth hit a record high in the third quarter as home prices marched up and the value of stocks and mutual funds surged, a hopeful...
Unemployment rate hits five-year low, eyes on the Fed
WASHINGTON (Reuters) - U.S. employers hired more workers than expected in November and the jobless rate hit a five-year low of 7.0 percent, raising chances the Federal Reserve could start...
Unemployment rate hits five-year low, eyes on the Fed
WASHINGTON (Reuters) - U.S. employers hired more workers than expected in November and the jobless rate hit a five-year low of 7.0 percent, raising chances the Federal Reserve could start...