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Economy Builds Momentum as January Hiring Surpasses Expectations; Continuing Risks Warrant Caution

February 3, 2012 January employment gains significantly outpaced expectations, providing further evidence that the economy is on the mend. Hiring was broad-based, reinforcing the perception that the recovery is not reliant on a single sector, but the gains have yet to reach the levels necessary to significantly reduce the massive work force displacement created during [...]

Economy Builds Momentum as Jobs Rise for 15th Consecutive Month; Political and Eurozone Uncertainty Tempers Optimism for 2012

January 6, 2012 December capped a solid year of job growth as the economy generated positive hiring every month in the year for the first time since 2005. The private sector led the way, marking its most substantial growth in six years. This trend should continue, with the labor market generating gradual momentum during 2012 [...]

Jobs Make Steady Gains as Retailers Ramp-Up Hiring, Further Reducing Recession Risk

December 5, 2011 Consumer spending displayed surprising resilience in October, with retail sales posting strong gains. The pace of spending slowed from September’s more robust numbers, but did not suggest broad-based weakening. Retail sales recorded gains for the fifth consecutive month and follow on the heels of solid GDP numbers, which reflect robust business investment [...]

October Retail Sales Beat Expectations, Future Growth Faces Headwinds

November 15, 2011 Consumer spending displayed surprising resilience in October, with retail sales posting strong gains. The pace of spending slowed from September’s more robust numbers, but did not suggest broad-based weakening. Retail sales recorded gains for the fifth consecutive month and follow on the heels of solid GDP numbers, which reflect robust business investment [...]

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