Category: Economic Growth

Job Market Growth

Consumer borrowing enjoyed solid gains, while the job market grew more than expected, and layoffs contracted. Employment Job Market growth exceeded expectations, adding 228,000 non-farm jobs in November, the Bureau of Labor Statistics reported last week. This exceeded market expectations of 200,000 jobs, and kept the unemployment rate at 4.1 […]

Construction Spending Beats Expectations

Construction spending grew more than predicted while unemployment was down and layoffs continued to fall. Construction Spending Construction spending for September beat expectations growing 0.3 percent to hit an annual rate of 1.219 trillion, the Census Bureau reported last week. This was the highest gain in four months and surpassed […]

Consumer Prices and Retail Sales Increase

  Retail sales enjoyed a considerable jump, and consumer prices also saw healthy gains. Meanwhile, layoffs tumbled. Retail Sales Growth After falling 0.3 percent in August, retail sales enjoyed their largest surge in two years. Retail Sales grew to 1.6 percent in September to hit $483.9 billion for the month, […]

Construction spending rebounds and layoffs decrease

  Construction spending rebounded, while employment sagged, and layoffs decreased. Construction Spending¬† The housing market is desperate for the tempered pricing that increased inventory can bring. Construction spending in August reversed Julys downward trend, resulting in growth to an annual rate of $1.218 trillion. This marked a 0.5 percent gain […]

Construction on New Home Increases

Starts on new home construction shot up, while layoffs tumbled, and consumer prices increased. Housing Starts Starts on new home construction shot up, while layoffs tumbled, and consumer prices increased.¬†Housing shot up, ending what has been the best year for construction starts since the housing boom year of 2007. Construction […]