January 30, 2013 The latest ADP National Employment Report seems to show a modest uptick in employment growth as 2013 began. But it comes after a surprisingly downbeat report about how the economy was doing as it ended 2012.
January 30, 2013 The economy had not contracted in any quarter since the spring of 2009. Among the reasons why there wasn't growth in the last three months of 2012: steep cuts in defense spending.
January 29, 2013 In nearly all major cities across the nation, prices rose at a faster pace in November than they had in October, the latest S&P/Case-Shiller Home Price Indices report shows. It's another sign that the housing sector has recovered from its bust.
January 28, 2013 Though stocks took a breather Monday from their recent rally, there are reasons to think they'll continue their upward move in coming months. Money seems to be moving out of bonds and into stocks, corporate earnings are better than expected and economies overseas are getting back on their feet.
January 25, 2013 There were an estimated 367,000 new homes sold last year, up 19.9 percent from the 306,000 sold in 2011. The dip in December isn't being seen as a sign that the recovery has gone off track.
January 24, 2013 There were 330,000 first-time claims for benefits last week, down 5,000 from the week before. That means applications remain at the lowest level since January 2008.
January 22, 2013 The housing market continues to show signs that it's on the mend. Both sales and prices are up from a year ago.
January 17, 2013 The day's economic news is on the positive side: 37,000 fewer people filed claims for unemployment benefits last week; and home construction surged in December and last year.
January 16, 2013 Consumer prices rose just 1.7 percent in 2012, the Bureau of Labor Statistics reports. That's about half the pace of 2011 — when prices went up 3 percent. A sharp slowing in the increase of gas prices was a major factor. The news means interest rates will likely stay low.
January 15, 2013 Consumers were still in a spending mood in December, even as lawmakers battled over the budget. Meanwhile, wholesale prices fell slightly. Those are both good signs for the economy.
January 4, 2013 Growth was in line with expectations and adds to the evidence that the nation continues to add jobs at a modest pace.
December 27, 2012 Many Americans appear to be worried about what will happen to the economy if the federal government goes over the so-called fiscal cliff, the Conference Board reports. But there's also good news: The housing sector continues to recover.
December 27, 2012 There were 350,000 first-time claims for unemployment benefits last week. That's the lowest level since March 2008. But because of the Christmas holiday, some states had to do more estimating than usual.
December 26, 2012 Prices in 20 major cities were up 4.3 percent in October, vs. October 2011. Combined with other recent reports on construction and sales, that's another sign the housing sector is on the mend.