Economic Indicators
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Jobless claims in U.S. unexpectedly increased last week
More Americans than forecast filed applications for unemployment benefits last week, a sign improvement in the labor market remains uneven. more
Short holiday work week sees jobless claims fall in U.S.
Fewer Americans than forecast filed claims for unemployment insurance last week as state offices rushed to tally the data in a holiday-shortened period. more
U.S. holiday sales rise 0.7% as Washington hurts confidence
U.S. holiday sales growth slowed by more than half this year after gridlock in Washington soured consumers’ moods and Hurricane Sandy disrupted shopping, MasterCard Advisors SpendingPulse said. more
Demand for U.S. goods climbed more than forecast in November
Demand for goods such as machinery and electronics climbed more than forecast in November, showing U.S. companies are planning to expand next year as they look beyond the tax increases and spending cuts slated to take effect. more
Gasoline at U.S. pumps drops to lowest in a year on supplies
Retail gasoline prices in the U.S. fell to the lowest level in a year as refineries restored production and stockpiles rose to the most in eight months, blunting criticism of President Barack Obama’s energy policies. more
Consumer prices in U.S. fell more than forecast in November
The cost of living fell more than forecast in November as energy prices dropped, a sign U.S. inflation remains in check. more
Foreclosure starts fall 13% in Providence metro area
Lenders initiated 13 percent fewer foreclosures in the Providence-Fall River-New Bedford area in November then they did during the same period in 2011, ReatyTrac said Thursday. more
Trade deficit in U.S. widened in October as exports slump
The trade deficit in the U.S. widened in October as the biggest slump in exports in almost four years outweighed a drop in imports, evidence of the slowdown in global growth. more
Payrolls in U.S. rose 146,000 in Nov.; Jobless rate at 7.7%
Payrolls rose more than anticipated in November and the jobless rate fell to an almost four-year low, indicating superstorm Sandy had little effect on the U.S. labor market. more
U.S. stock futures advance amid government budget negotiations
U.S. stock futures advanced, following yesterday’s decline in the Standard & Poor’s 500 Index, as U.S. leaders prepared for more budget talks. more
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