Fewer Americans applied for unemployment benefits over the past month than at any time in seven years, a sign of a healthier labor market that’s helping brighten consumer sentiment.
Demand for new U.S. homes was stronger than projected in March, showing more jobs and cheaper borrowing costs are helping stabilize the market.
"Claims are sending very encouraging signals about the improvement in the economy and the job market."
- Ryan Sweet on Aug 21, 2014
Moody’s Sweet Sees Retail Sales `Holding Up'
Moody’s Analytics's Sweet Says Consumers Holding Up
Sweet Says Latest Economic Data Is `Worrying'
Sweet Says Job Market Has `Taken a Step Back'