National net worth reaches $146,700 per person in Q3
Jobless claims drop by 20,000
Value of shipments hits lowest level in nearly two years
U.S. retail sales unexpectedly jumped during November as the holiday season began, providing a fourth-quarter boost to the slowing economy.Sales advanced by a seasonally adjusted 1.0% from the previous month, the U.S. Commerce Department said today. October sales decreased by 0.1%, revised from a previously reported 0.4% decline.Wall Street had expected November sales to advance, […]
Energy exports tumble 11.5%
Lossses in manufacturing and construction offset gains in other sectors
Factory orders tumble in October; Services sector advances in November
Large enterprises lead the way
Construction spending slumps
Although automobile and housing sales are weak, it’s not enough to tip the economy into a recession