Sales of previously owned homes climbed to a three-year high in November, reinforcing forecasts that the industry is set to contribute to U.S. annual economic growth for the first time since 2005.
Sales of previously owned homes rose more than forecast in November to reach a three-year high as lower borrowing costs sustained the U.S. housing rebound.
Payroll growth in the U.S. beat forecasts in December and the unemployment rate dropped to the lowest level in almost three years as the economy gained strength heading into 2012.
The cost of living in the U.S. rose in June by the most in four months as gasoline prices increased, a sign inflation is advancing toward the Federal Reserve’s goal.
Consumer spending probably climbed in November as Americans flocked to auto dealer showrooms and shopped for holiday bargains, giving the U.S. economy a boost heading into 2012, economists said before a report this week.
Hiring probably accelerated in December for a second month, a sign an improving U.S. labor market will bolster consumer spending in early 2012, economists said before a report this week.
If you’ve heard about the “Easter shift” and are curious what it means, it’s not referring to the final egg-painting session at a sweatshop run by a certain bunny.
Gains in hiring are catching up with job openings, pointing to greater willingness among U.S. companies to expand as the economy improves.
Fewer Americans than forecast sought jobless benefits and consumer confidence climbed, giving the world’s largest economy a boost heading into 2012.
"We respond that to the market pressures to make sure that we can keep our sales momentum going."
- Alexander Smith on Jul 16, 2013