United States

Lucia Mutikani

U.S. retail sales, labor market data paint upbeat economic picture

2:23pm EDT

WASHINGTON U.S. retail sales increased by the most in 1-1/2 years in March as households boosted purchases of motor vehicles and a range of other goods, the latest indication that economic growth picked up in the first quarter after a false start. | Video

U.S. trade deficit hits eight-month low on weak Chinese imports

Apr 17 2019

WASHINGTON The U.S. trade deficit fell to an eight-month low in February as imports from China plunged, temporarily providing a boost to President Donald Trump's "America First" agenda and economic growth in the first quarter.

U.S. manufacturing mired in soft patch in first quarter

Apr 16 2019

WASHINGTON U.S. manufacturing output was unchanged in March after two straight monthly declines, resulting in the first quarterly drop in production since President Donald Trump was elected.

U.S. labor market strong; inflation pressures benign

Apr 11 2019

WASHINGTON The number of Americans filing applications for unemployment benefits dropped to a 49-1/2-year low last week, pointing to sustained labor market strength that could assuage fears the economy was rapidly losing momentum.

U.S. consumer prices rise solidly, but underlying trend tame

Apr 10 2019

WASHINGTON U.S. consumer prices increased by the most in 14 months in March, but the underlying inflation trend remained benign amid slowing domestic and global economic growth.

U.S. job openings hit 11-month low; quits rate stagnates

Apr 09 2019

WASHINGTON U.S. job openings dropped to an 11-month low in February and hiring decreased, which could partially explain a sharp slowdown in job growth during that month.

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