abdur chowdhuryU.S. labor market shows solid growthThe U.S. economy added 228,000 new jobs in November. The unemployment rate held steady at 4.1%, a 17-year low, as the growth in the labor…Dec 8, 2017Dec 8, 2017
abdur chowdhuryISM non-manufacturing index remains in expansionary territoryAlthough the Institute for Supply Management’s (ISM) non-manufacturing index dropped 2.7 points to 57.4 in November, it still remains in…Dec 5, 2017Dec 5, 2017
abdur chowdhuryDespite a drop in November, the manufacturing index remains in expansionary territoryThe Institute for Supply Management (ISM) index of manufacturing fell 0.5 points to 58.2. Nevertheless, the index remains well in…Dec 1, 2017Dec 1, 2017
abdur chowdhuryPersonal income accelerates while spending slows in NovemberReal personal income rose 0.3% in October. In real terms, personal spending was up a soft 0.1%, following September’s robust, but…Nov 30, 2017Nov 30, 2017
abdur chowdhuryThe U.S. economy running at full potentialThe U.S. economy is running at its full potential for the first time in a decade, a new milestone for an expansion now in its ninth year…Nov 29, 2017Nov 29, 2017
abdur chowdhuryConsumer confidence index reaches new high in NovemberU.S. consumer confidence index increased to 129.5 in November from 126.2 in October, which was already the highest level in 17 years…Nov 28, 2017Nov 28, 2017
abdur chowdhuryStrong showing of new home sales in OctoberNew home sales rose 6.2% in October to a 685,000-unit annual pace, following a revised 14.2% rise in September. Sales of new homes in the…Nov 27, 2017Nov 27, 2017
abdur chowdhuryExisting home sales rise in OctoberExisting home sales rose 2.0% m/m to 5.48 million (annualized) in October, following a downwardly-revised 0.4% increase in September. Gains…Nov 21, 2017Nov 21, 2017
abdur chowdhuryHousing starts rebound strongly in OctoberHousing starts rebounded to a 1.29 million-unit pace in October from 1.14 million in September, when hurricanes halted some construction…Nov 17, 2017Nov 17, 2017
abdur chowdhuryHurricanes affect small business optimism indexThe NFIB Index of Small Business Optimism fell 2.3 points in September to 103.0. Six of the index subcomponents fell on the month, three…Oct 10, 2017Oct 10, 2017