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.
U.S. mortgage rates for 30-year loans climbed for a third week, increasing borrowing costs as harsh weather contributes to slowing demand for homes.
More Americans than forecast filed applications for unemployment benefits last week, a sign the labor market is improving in fits and starts.
As Janet Yellen seeks to forge a consensus on a new strategy for communicating the Federal Reserve’s intention to keep rates low, she can reach for a six- year-old tool: the Fed’s quarterly forecasts.
This year’s harsh winter is causing the pace of U.S. economic growth to fall along with the mercury.
Consumer confidence in the U.S. was stronger than projected in February as Americans grew more upbeat about the economy.
Banks in the U.S. saw increased demand from businesses and consumers for lending and in turn made those loans more readily available, according to a Federal Reserve report.
Confidence among U.S. consumers unexpectedly climbed to a five-month high in January as optimism about the economy and labor market improved.
Orders for long-lasting equipment unexpectedly slumped in December by the most in five months, indicating companies are less sure than households that the U.S. economy is strengthening,
U.S. mortgage rates fell to a two- month low, cutting borrowing costs for homebuyers prior to a Federal Reserve move to further scale back stimulus measures that have helped keep loans inexpensive.
"There have been some weather-related setbacks in hiring, but as it warms up, you're going to see much better performance in labor-market activity."
- Millan Mulraine on Feb 27, 2014
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