Fewer Americans than projected applied last week for unemployment benefits, showing companies are confident economic growth will rebound after winter weather depressed demand.
Consumer confidence improved for a fourth straight week as Americans’ views of the economy reached an almost seven-month high.
Canadian consumer sentiment rose for a third straight week as optimism about personal finances led gains in all categories of the Bloomberg Nanos Canadian Confidence Index.
Consumer sentiment improved for a third straight week as Americans were more upbeat about the economy than at any time in the past six months.
Orders for U.S. durable goods excluding the volatile transportation category unexpectedly climbed in January by the most in eight months, a sign manufacturing is emerging from a slump induced by harsh weather.
Canadian consumer confidence rose for a second week as prices for commodities including crude oil and gold advanced and optimism about job security surged to the highest in four months.
The share of consumers expecting the economy to worsen fell in February to an almost two-year low as Americans looked beyond harsh winter weather.
Canada’s consumer sentiment rebounded from a four-week slump after January job gains bolstered optimism and the nation’s currency pared losses.
Consumer sentiment in Canada fell to the lowest since May on speculation the nation’s economic outlook is worsening.
Consumer confidence in Canada fell to the lowest in eight months amid the worst start to a year since at least 1972 for the nation’s currency.
"Improvement in household sentiment, linked primarily to stabilization in the pace of firings, and modest growth point to a spring time rebound in overall economic activity once the polar vortex loosens its grip on many areas of the country."
- Joseph Brusuelas on Mar 06, 2014
Dunkelberg See `No Good News’ for Small Business
Brusuelas Sees ‘Very Encouraging’ Economic Data
Bloomberg’s Brusuelas Says Housing Growth May Slow
Brusuelas Discusses New Home Sales, Jobless Claims
Brusuelas Says U.S. Banks Exposed to Greece