The latest consumer sentiment index reading continues to show an American public that expects better days ahead, and fourth quarter GDP growth indicates a strengthening economy. But countervailing pressures remain: Initial jobl…
The slowly improving tone to the U.S. job market continued with last week’s numbers for new unemployment claims. The less volatile four-week moving average also dropped again, to 422,750. That’s its lowest level since August 20…
Initial jobless claims dropped by 34,000 to 407,000, much lower than expected. The numbers suggest that the labor market is slowly improving, and nearing the point of reversing the negative trend driven by the deep recession.
…
The consumer sentiment index rose to its highest level in five months in November, propelled by a slightly better economic outlook. However, despite the gain, sentiment remains at a low level, and not high enough to suggest a s…
America’s labor market got more good news with word of a 24,000 drop, to 435,000, in weekly jobless claims. A Bloomberg survey had expected a total of 450,000. In perhaps better news, the four-week moving average sank another 1…