US Economy - Page 21

Economy News

Reuters - U.S. consumer sentiment improved more than expected to a three-year high in January, propelled by falling gasoline prices and a favorable view of personal finances and the economy, a survey showed on Friday.

Reuters - U.S. consumer sentiment improved more than expected to a three-year high in January, propelled by falling gasoline prices and a favorable view of personal finances and the economy, a survey showed on Friday.

Reuters - U.S. consumer sentiment improved to a 3-year high in early January, propelled by falling gasoline prices and a favorable view of personal finances and economic growth, a survey showed on Friday. More Info...  

AFP - Top Federal Reserve official Jeffrey Lacker has said he sees the US economy expanding by 2.50-2.75 percent this year, while inflation remains the "predominant" risk.

Reuters - Federal Reserve officials underscored concerns on Thursday about nagging upside risks to inflation, especially given a wave of strong data including signs that a housing slowdown may be moderating.

Economy News AP - Inflation in 2006 eased to the slowest pace in three years as consumers finally got some relief on energy and medical bills. In further good news, inflation-adjusted wages rose at the fastest clip in nearly a decade. More Info...  

AP - Inflation in 2006 eased to the slowest pace in three years as consumers finally got some relief on energy and medical bills. In further good news, inflation-adjusted wages rose at the fastest clip in nearly a decade. More Info...  

Reuters - A series of reports on Thursday implied the U.S. economy was regaining its vigor at the beginning of 2007 without generating a spike in inflation.

AFP - The US economy could be "seriously weakened" by budget strains if the government fails to deal with deficits expected from the retiring baby-boom generation, Federal Reserve chairman Ben Bernanke warned.

AP - Rates on 30-year mortgages rose this week to the highest level in nine weeks as financial markets reacted to a series of more upbeat financial reports. More Info...  

Reuters - U.S. consumer prices jumped at the sharpest rate in eight months during December , climbing 0.5 percent as prices for energy products shot up after three straight months of declines, the Labor Department said on Thursday.

Reuters - The pace of U.S. home construction climbed 4.5 percent in December, a second-straight monthly increase that ran contrary to analyst expectations, but for all of 2006 the rate of new home building posted the biggest decline in 15 years, a government report on Thursday showed.

AP - Construction of new homes rose for a second consecutive month in December, raising hopes that the severe slump in housing may be leveling off. More Info...  

Reuters - WASHINGTON (Reuters) -The number of Americans filing new claims for jobless benefits dropped by a surprisingly large 8,000 last week to the lowest level in 11 months, the Labor Department reported on Thursday.

AP - The number of newly laid off workers filing claims for unemployment benefits fell last week to the lowest level in 11 months, indicating a solid labor market at the beginning of the year. More Info...  

Economy News AP - Wholesale prices moderated in December after a big surge the previous month, while industrial production rebounded from three consecutive declines. More Info...  

AP - The economy entered the new year in pretty good shape, with most parts of the country enjoying moderate growth, businesses boosting hiring and workers getting bigger paychecks.

AP - Reports on economic conditions from the Federal Reserve's 12 regional bank districts. The survey was released Wednesday. More Info...  

Reuters - U.S. producer prices rose in December at a more moderate pace than a month earlier and industrial output ended the year on a strong note, data on Wednesday showed, suggesting little need for the Federal Reserve to alter its steady-as-it-goes interest-rate stance.

AFP - The US economy has been expanding at a "modest" pace even as labor markets are getting tighter, the Federal Reserve said in its Beige Book report.