November U.S. Personal Income and Spending Rise; Savings Declines
The Department of Commerce said reported that both personal income and expenditures rose in November, while the savings rate fell.
CPI Showed Inflation Flat in September, but Consumers not Buying
Economic data released Friday showed that consumer prices were flat in September, but the low rate of inflation was not enough to boost consumer sentiment.
Q2 GDP Revised Up, Jobless Claims Down, Chicago PMI Upbeat
Thursday's economic data told a positive story--with GDP revised higher, jobless claims below consensus, and positive manufacturing numbers out of Chicago--but analysts say the economy has a long way to go before it will truly be in full recovery.
U.S. Jobs Held Flat in July; 9.5% Unemployment Rate Unchanged
The number of jobs fell by 131,000 in July, leaving the U.S. unemployment rate flat at 9.5% compared to June and the number of unemployed persons unchanged, the Labor Department reported Friday, Aug. 6.