economic-data News
US Consumer Sentiment Surges in January, Topping Forecasts
The University of Michigan's preliminary index jumped to 54, as easing concerns over inflation and trade policy suggest a potential boost for consumer spending.
US Job Growth Slows Sharply, But Drop in Unemployment Clouds Fed's Path
December payrolls rose by just 50,000, missing forecasts, while the jobless rate unexpectedly fell to 4.4%, presenting a mixed picture for policymakers.
Productivity Surge Fuels 'Soft Landing' Hopes for US Economy
A surprise 4.9% jump in Q3 labor productivity and falling unit labor costs suggest inflation can cool without a major economic downturn, bolstering investor optimism.
Record Tax Refunds Forecasted to Jolt US Consumer Spending
Administration projects largest payout in history, a potential multi-billion dollar windfall for retail and discretionary sectors as households gain disposable income.
US Services Sector Growth Accelerates to a Yearly High
The ISM Services PMI unexpectedly climbed to 54.4 in December, signaling robust economic activity and easing concerns over a potential slowdown.
Report on BLS Staffing Sparks Concern Over US Economic Data Reliability
An alleged exodus of key personnel at the Bureau of Labor Statistics raises questions about the integrity of crucial reports that guide Federal Reserve policy.
Wall Street Rallies as Weak Jobs Data Fuels Fed Rate Cut Hopes
A sharp miss in private payrolls growth for December suggests a cooling labor market, bolstering investor bets on easier monetary policy ahead.
US Job Openings Fall Sharply, Fueling Fed Rate Cut Bets
November JOLTS report shows openings at 7.14 million, well below estimates, signaling a cooling labor market that may give the Federal Reserve room to ease policy.