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Tag Archives: economists

Consumer Confidence Index rises in April

NEW YORK — A monthly survey says concerns about jobs and inflation eased in April, pushing the Consumer Confidence Index above expectations. The Conference Board says the index rose to 65.4 from a revised 63.8 in March. Economists expected a ...

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Fewer people sought unemployment aid last week

WASHINGTON — Fewer Americans applied for unemployment benefits last week, partly reversing a sharp jump in applications the previous week. The Labor Department said Thursday that the number of people applying for unemployment benefits dropped 13,000 to a seasonally adjusted ...

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New-home construction increases 7.2 percent in March

WASHINGTON — Builders broke ground on more new homes last month, giving the weak housing market a slight boost at the start of the spring buying season. Home construction rose 7.2 percent in March from February to a seasonally adjusted ...

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Consumer Confidence Index falls for 1st time in 5 months

Rising prices at the gas pump and in grocery aisles are starting to crimp shoppers’ outlook. The Conference Board’s Consumer Confidence Index fell sharply from a three-year high in February, reversing five straight months of improvement. The decline raises questions ...

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Durable goods orders fall 0.9 percent in February

WASHINGTON — Companies trimmed their orders for long-lasting manufactured goods in February, buying fewer computers, machines and primary metals. Durable-goods orders fell 0.9 percent last month, the Commerce Department said Thursday. It was the fourth decline in the past five ...

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New-home construction plunges in February

WASHINGTON — Builders broke ground last month on the fewest homes in nearly two years, a reflection of declines in home prices and diminished demand that has made it difficult for them to compete. The Commerce Department says home construction ...

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Dim homebuilder outlook improves slightly

WASHINGTON — Homebuilders’ pessimistic outlook improved slightly this month, but it remains dim amid falling home prices and a weak pace of construction. The National Association of Home Builders said Tuesday that its index of industry sentiment for March improved ...

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More Americans sought unemployment aid last week

WASHINGTON — The number of Americans seeking unemployment benefits rose last week, only the second increase in six weeks. The Labor Department says applications rose by 26,000 to a seasonally adjusted 397,000 during the week ended March 5. The rise ...

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