Category Archives: Uncategorized

Retail Sales Thaw in March as Economic Momentum Broadens

April 23, 2014 Consumer activity accelerated in March as pent-up demand for retail goods was released following the colder-than-normal winter. The resurgence in spending is one of several indicators that the world’s largest economy is poised to break out this spring after a lackluster first quarter. Over the past two months, nearly 400,000 jobs have […]

February Hiring Beats Expectations Despite Winter Severity;

March 11, 2014 Once again displaying surprising resiliency and underlying strength, U.S. employers shook off weather-related disruptions last month to add workers at a solid pace. Gains occurred in nearly all employment sectors, dispelling doubts that staffing levels in a number of industries would suffer as businesses temporarily closed and workers stayed home. Continuing growth […]

Rough Weather Restrains January Retail

February 14, 2014 Retail spending eased back in January as myriad factors influenced consumption. Poor weather was the largest culprit in the decline, though other hurdles kept shoppers at home and offline. The expiration of long-term unemployment benefits for 1.3 million people at the end of December curtailed spending, while evidence suggests that the slowing […]

Hiring Falls Short of Expectations in January but Economic Indicators Point to Emerging Strength

February 7, 2014 Though many expected stronger employment gains in January, businesses expanded payrolls modestly for the month. The subdued hiring trends starkly contrast with declining layoffs and tightened initial unemployment claims that reinforce that the job market is on sound footing. Whether the poor weather that brought much of the country to a standstill […]

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