Economic Indicators
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The share of Americans 65 and older with mortgage debt rose to 30 percent in 2011 from 22 percent in 2001, according to a May analysis by the Consumer Financial Protection Bureau based on the latest available figures. more
This year’s Treasury market rally has been stronger than every economist surveyed by Bloomberg News predicted. more
U.S. stocks rose, extending the biggest monthly gain since February, as financial, health care and technology shares led the advance. more
Consumer spending in the United States unexpectedly dropped in July for the first time in six months, a sign households are lagging behind as wages fail to accelerate. more
U.S. stocks rose, with the Standard & Poor’s 500 Index touching a record, as reports of a cease-fire in Ukraine boosted global equities and data showed orders at American factories rose the most on record in July. more
The U.S. construction market will grow significantly over the next 18 months, with spending increasing 7 percent in 2015, Gilbane Building Co. estimates in a report issued Wednesday. more
New England retained its status as the census division with the third-lowest unemployment rate in the nation in July, at 5.8 percent, according to seasonally adjusted figures released by the U.S. Bureau of Labor Statistics Wednesday. more
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