Reade Pickert
U.S. factory output rebounds even without post-GM strike bump
WASHINGTON – United States factory production rebounded by more than forecast in November and rose excluding a surge in auto production following the end...
U.S. business debt exceeds households’ for first time since 1991
WASHINGTON – United States business debt exceeded that of households for the first time since 1991, a potential warning sign for the economy as...
U.S. manufacturers plan first pullback in investment since 2009
WASHINGTON – United States manufacturers expect to reduce capital spending in 2020, a trend that could limit a rebound in the sector even as...
Share of U.S. small businesses planning higher pay nears record
WASHINGTON – As a tight labor market makes filling positions more difficult, 26% of U.S. small-business owners plan to increase pay in coming months,...
U.S. services gauge drops, though details signal stable growth
WASHINGTON – A gauge of United States service industries fell more than forecast in November as business activity cooled, though gains in employment and...
Filings for U.S. jobless benefits hold at highest since June
WASHINGTON – Filings for United States unemployment benefits held last week at the highest level since June, bucking forecasts for a decline and suggesting...
U.S. retail sales exceed estimates, with some signs of cooling
WASHINGTON – United States retail sales rose more than estimated in October on gains from auto dealers and gas stations, though declines in categories...
Jobless claims in U.S. climb to highest level since June
WASHINGTON – Applications to collect unemployment benefits rose last week to the highest level since the end of June, topping all economists’ forecasts.
Jobless claims...
U.S. jobless claims decrease more than estimated to 211K
WASHINGTON – Filings for United States unemployment benefits declined more than expected to reach a four-week low, another sign that a resilient labor market...
U.S. productivity unexpectedly posts first decline since 2015
WASHINGTON – Productivity in the United States unexpectedly posted the first decline in almost four years and labor costs accelerated, suggesting a pickup in...