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Tag Archives: economy

May Job Creation Marks Best 4-month Stretch Since Late 90s

May marks one of the best four-month stretches of job creation since the late 1990s, renewing optimism about the five-year-long recovery. According to the latest report from the Bureau of Labor Statistics, non-farm employment advanced a seasonally adjusted 217,000 in May, …

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Home Sizes Increase as Economy Improves

With the improved economy, new homes are getting bigger again. The average size of newly built single-family homes increased during the first quarter of this year, according to the National Association of Home Builders. Using first-quarter census numbers on home …

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Consumer Spending in U.S. Unexpectedly Declines

American shoppers dialed it back in April after spending at the fastest pace in almost five years. Household purchases unexpectedly fell 0.1 percent, the first decrease in a year, after a 1 percent gain the prior month that was the …

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Small Businesses’ Effect on the U.S. Economy

The importance of small business to job creation and to the U.S. economy has been the focus of economists and policy makers alike for several decades. But defining or measuring what constitutes or defines a small business is quite challenging, …

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Manufacturing Expands at a Slower Rate

Economic activity in the manufacturing sector expanded in May for the 12th consecutive month, and the overall economy grew for the 60th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report on Business. To find out …

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Why Small Businesses Matter

Ever wonder just how much your business matters to the economy? According to an article by NRF, the importance of small business to job creation and to the U.S. economy has been the focus of economists and policy makers for …

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Consumers Soften Spending in April

Despite nicer spring weather, consumers softened their spending in April. According to the National Retail Federation, April retail sales, which exclude automobiles, gas stations and restaurants, were unchanged seasonally adjusted month-to-month yet increased 4.7 percent unadjusted year-over-year. “The shift in …

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Warmer Weather Pushes Retail Sales Up in March

March retail sales, which exclude automobiles, gas stations and restaurants, increased 0.8 percent adjusted month-to-month, according to the National Retail Federation. It was also a positive month for the home improvement sector: building material and garden equipment and supplies dealers …

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