Edition:
United Kingdom

Lucia Mutikani

U.S. new home sales fall unexpectedly, low mortgage rates lend support

27 Jan 2020

WASHINGTON Sales of new U.S. single-family homes fell unexpectedly in December, likely held down by a shortage of more affordable homes, but lower mortgage rates supported the overall housing market.

Business survey suggests U.S. labor market may have peaked

27 Jan 2020

WASHINGTON There is an even balance in the share of U.S. businesses reporting decreases and increases in employment for the first time in a decade, a survey showed on Monday, the latest suggestion that the labor market has likely peaked and job growth could slow this year.

U.S. weekly jobless claims rise modestly; labor market tight

23 Jan 2020

WASHINGTON The number of Americans filing for unemployment benefits increased less than expected last week, suggesting the labor market continues to tighten even as job growth is slowing.

U.S. home sales surge to near two-year high; supply at record low

22 Jan 2020

WASHINGTON U.S. home sales jumped to their highest level in nearly two years in December, the latest indication that lower mortgage rates are helping the housing market to regain its footing after hitting a soft patch in 2018, though record low inventory could be an obstacle to continued strong gains.

U.S. housing starts at 13-year high, factory output gains

17 Jan 2020

WASHINGTON U.S. homebuilding surged to a 13-year high in December as activity increased across the board, suggesting the housing market recovery was back on track amid low mortgage rates, and could help support the longest economic expansion on record.

U.S. job openings post biggest drop in more than four years

17 Jan 2020

WASHINGTON U.S. job openings recorded their biggest drop in more than four years in November, while hiring increased moderately, suggesting a loss of momentum in the labor market at the tail end of 2019.

UPDATE 1-U.S. job openings post biggest drop in more than four years

17 Jan 2020

WASHINGTON, Jan 17 U.S. job openings recorded their biggest drop in more than four years in November, while hiring increased moderately, suggesting a loss of momentum in the labor market at the tail end of 2019.

U.S. Labor Department to remove computers from data 'lockups'

16 Jan 2020

WASHINGTON The U.S. Labor Department's Bureau of Labor Statistics (BLS) on Thursday announced changes to economic data "lockup" procedures, which would result in the removal of computers from its Washington newsroom effective March 1.

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