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Cautiously Optimistic Consumers Support Modest Retail Gains; Fed Tapering Will Remain a Wildcard 16 Aug 2013 | 03:17 am
August 15, 2013 Retail sales advanced at a tepid pace in July as consumers maintained a cautiously optimistic stance in the face of mixed economic news. Limited risk tolerance and fragile psyches rema...
Hiring Makes Steady Progress, but Falls Shy of Expectations; Eases Pressure on Interest Rates 3 Aug 2013 | 01:53 am
August 2, 2013 July hiring fell short of expectations, but when viewed alongside the steady decline in initial unemployment claims, the trends point to a resilient and steadily improving employment ma...
Hiring Outperforms Expectations in Second Quarter, All Eyes Trained on Fed 8 Jul 2013 | 09:35 pm
July 8, 2013 Stronger than expected private-sector job growth in June, together with upward revisions to the prior two months, closed out a strong employment market for the first half of 2013. Althoug...
Hiring Exceeds Expectations, but Recovery Remains Modest Amidst Numerous Headwinds 8 Jun 2013 | 03:38 am
June 7, 2013 Hiring in May closely tracked the year-long trend of steady, though unremarkable growth in payrolls. The private sector continues to show considerable resiliency in the face of government...
April Hiring Beats Expectations, but Sequestration and Other Headwinds to Restrain Momentum 6 May 2013 | 09:37 pm
May 6, 2013 Stronger than anticipated hiring in April, together with sizable upward revisions to the February and March employment figures, have alleviated concerns that sequestration will severely im...
March Retail Sales Dip as Increased Payroll Taxes Erode Discretionary Budgets; Spending Likely to Rise in Second Half 18 Apr 2013 | 05:14 am
April 17, 2013 Restrained discretionary spending likely induced by increased payroll taxes generated weaker than expected retail sales performance in March; a sharp drop off from the solid numbers pos...
Plodding Employment Recovery Remains On-Track 6 Apr 2013 | 03:14 am
April 5, 2013 Though job creation remained positive last month, its loss of momentum reiterated weakening performance in both initial unemployment claims and mass layoffs. Employers made only modest a...
Hiring Gains Momentum as Unemployment Claims Fall; Sequester Still a Wild Card 16 Mar 2013 | 02:19 am
March 15, 2013 Fears of the federal sequester did little to deter private-sector employers from dramatically boosting job creation last month, providing further evidence that the job market is buildin...
Economy has Recovered 65 Percent of Recessionary Job Losses; January Hiring Maintains Trend 2 Feb 2013 | 04:40 am
February 1, 2013 January hiring aligned with expectations, but the government’s report also revealed sizable upward revisions to employment in 2011 and 2012, indicating that the employment market was ...
Fourth Quarter Economic Stall a Temporary Setback; Trudging Recovery to Continue 31 Jan 2013 | 05:21 am
January 30, 2013 The U.S. economy contracted modestly in the fourth quarter as weak overseas economies and government spending cuts weighed on GDP. Although the decrease was unanticipated, it has litt...