Economic Watch: American consumers opened their wallets a whole lot more in May, with consumer spending increasing the most in nearly six years.
Two days before a government report on unemployment is set to be released, a report from a payroll processor shows 201,000 non-farm, private jobs were added in the U.S. during May, the biggest gain since January.
An advance report shows both new orders and shipments for manufactured durable goods declined in April, but a key indicator increased for the second consecutive month.
Economic activity in the nation’s service sector increased in April, according to two reports released on Tuesday.
Growth in the U.S. service sector during April eased from a seven-month high in March, according to the financial information services provider Markit, but numbers still point to strong start to the second quarter.
Two reports released Monday show the nation’s service sector continues increasing, albeit at different rates.
Employment in the private sector increased again in February, but it was the weakest gain in six months.
Consumer confidence fell this month from a more than seven-year high last month, according to a new report from the private research group The Conference Board.
Activity in the U.S. non-manufacturing sector continued growing in October, but not as fast as the month before.
Both the trucking industry and the overall economy added jobs in September, pushing the unemployment rate down below 6% for the first time since July 2008 and hitting its lowest level in six years.
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