Demand for new U.S. homes was stronger than projected in March, showing more jobs and cheaper borrowing costs are helping stabilize the market.
Ultimate Golf Seating in Elkhart, Indiana, has hired five workers to expand its staff to 10 as orders increase for its custom-made golf-cart seats, which start at $745.
The number of Americans filing applications for unemployment benefits last week remained elevated, indicating the partial federal shutdown this month weakened the world’s largest economy.
Orders for durable goods dropped in October, pointing to a slowdown in U.S. business investment that will curb U.S. economic growth this quarter.
"The labor market will continue to improve."
- Ryan Sweet on Jan 15, 2015
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'