Job openings in the U.S. climbed to an almost seven-year high in April as employers sought more workers to help manage stronger demand in a rebounding economy.
A surge in construction of multifamily dwellings in April propelled U.S. housing starts to the highest level in five months, helping overcome slack demand for single-family homes.
Capital spending at U.S. companies from Apple Inc. to 3M Co. is at the highest level since 2008 as upgrades to plants, property and equipment show some executives embracing the likelihood that the economy averts recession.
American factories received fewer orders for machinery, communications gear and computers in February, signaling business investment is slowing after an unusually harsh winter put a damper on sales.
American workers were less productive in the first quarter as harsh winter weather prevented some from getting to their jobs, causing the economy to stall.
Applications for unemployment benefits in the U.S. rose more than forecast last week to the highest level in more than a month, partly reversing a post- holiday slump.
Confidence among U.S. homebuilders fell to a four-month low in October, underscoring the toll that partisan brinkmanship in Washington and the federal government shutdown are exacting on the economy.
"Businesses have been a bit more willing to increase their workforce this year, but capital investment decisions are based on longer-term expectations for final demand."
- Ryan Wang on Jul 25, 2014