logo

US Economic News

Share SHARE

personalincome-030315.jpg Personal income in the U.S. increased by slightly more than expected in the month of February, according to a report released by the Commerce Department on Monday, although the report also showed that personal spending rose by less than anticipated.

Personal income in the U.S. increased by slightly more than expected in the month of February, according to a report released by the Commerce Department on Monday, although the report also showed that personal spending rose by less than anticipated.

An interest rate hike "may be warranted" this year, as long as the U.S. economic recovery is sustained, Federal Reserve Chairman Janet Yellen said Friday afternoon. "With continued improvement in economic conditions, an increase in the target range for that rate may well be warranted later this year,"...

CONSUMER-RETAIL_27Mar15.jpg Consumer sentiment in the U.S. deteriorated by less than previously estimated in the month of March, according to a report released by the University of Michigan on Friday. The report showed that the final reading on the consumer sentiment index for March came in at 93.0.

GDP-032715.jpg Economic activity in the U.S. grew at an unrevised rate in the fourth quarter of 2014, according to the final estimate released by the Commerce Department on Friday. The report said gross domestic product increased by 2.2 percent in the fourth quarter.

Economic activity in the U.S. grew at an unrevised rate in the fourth quarter of 2014, according to the final estimate released by the Commerce Department on Friday.

JoblessClaims-032615.jpg After reporting a modest uptick in first-time claims for U.S. unemployment benefits in the previous week, the Labor Department released a report on Thursday showing that initial jobless claims pulled back by more than expected in the week ended March 21st.

St. Louis Fed President James Bullard on Thursday said the Federal Reserve should normalize interest rates as the economy continues to improve. Speaking in Germany, Bullard stood by the Fed's decision last week to remove its pledge to remain patient before hiking interest rates. "By removing 'patient',...

After reporting a modest uptick in first-time claims for U.S. unemployment benefits in the previous week, the Labor Department released a report on Thursday showing that initial jobless claims pulled back by more than expected in the week ended March 21st.

DurableGoodsOrders-032515.jpg With orders for transportation equipment showing a notable pullback, the Commerce Department released a report on Wednesday showing that new orders for U.S. manufactured durable goods unexpectedly decreased in the month of February.

With orders for transportation equipment showing a notable pullback, the Commerce Department released a report on Wednesday showing that new orders for U.S. manufactured durable goods unexpectedly decreased in the month of February.

At least one Federal Reserve policy maker sees no need to raise interest rates at a time when inflation is so low. "I see no compelling reason for us to be in a hurry to tighten financial conditions until then," Chicago Fed President Charles Evans said to the Official Monetary and Financial Institutions...

NewhomeSales-032415.jpg New home sales in the U.S. unexpectedly increased in the month of February, the Commerce Department revealed in a report on Tuesday, with sales jumping to their highest level in seven years.

CPI-032415.jpg Consumer prices in the U.S. rose in line with economist estimates in the month of February, according to a report released by the Labor Department on Tuesday, with the increase partly reflecting a rebound in energy prices.

Consumer prices in the U.S. rose in line with economist estimates in the month of February, according to a report released by the Labor Department on Tuesday, with the increase partly reflecting a rebound in energy prices.

Follow RTT