U.S. retail sales rose at a solid pace last month despite higher prices and modest wage gains, a sign of underlying consumer optimism.
Consumer prices rose in June from a year earlier at the fastest pace in more than six years, lifted by more expensive gas, car insurance, and higher rent.
U.S. home prices rose in April from a year earlier, lifted by bidding wars in many cities where would-be buyers compete for a sparse supply of homes.
U.S. retail sales rose by the most in six months in May, as consumers spent more at home and garden stores, gas stations and restaurants.
For the first time on record, the number of job openings in the United States exceeds the number of unemployed Americans — a trend that may soon give workers more leverage for pay raises.
U.S. businesses posted the most job openings on record in April for the second straight month, underscoring the economy's strong demand for workers.
U.S. employers extended a streak of solid hiring in May, adding 223,000 jobs and pushing the unemployment to an 18-year low of 3.8 percent.
U.S. employers are thought to have hired at a solid pace in May and helped extend the economy's nearly nine-year expansion — the second-longest on record — despite uncertainty caused by trade disputes.
U.S. retail sales rose at a solid pace last month, a sign that consumers are rebounding from weak spending in the first three months of the year and driving better economic growth.
U.S. consumer prices rose a modest 0.2 percent in April, lifted by higher gas costs, a sign that inflation pressures remain muted.
Slightly more Americans signed contracts to buy homes in March, yet higher mortgage rates and a shortage of available houses are weighing on sales.
U.S. private-sector workers received the biggest pay raise in 11 years in the first three months of the year, a sign that the tight job market is slowly lifting wages.
U.S. builders broke ground on more apartment buildings last month, pushing up overall home construction 1.9 percent.
U.S. consumers bounced back in March and bought more cars, furniture and appliances after three months of declining retail sales.
Did March provide another month of blowout hiring?
U.S. companies hired 241,000 new workers in March, a solid total that suggests the already-low unemployment rate may be headed lower in the coming months.
Consumer prices increased at a modest pace in February, underscoring that inflation pressures appear to be muted for now.
A soaring U.S. stock market and healthy home price gains lifted Americans' net worth to $98.7 trillion in the final three months of last year, a gain that could lift household spending.
U.S. services firms grew more slowly in February compared with the previous month, but still expanded at a healthy clip.
Spending on U.S. construction projects was unchanged in January, held back by a sharp fall in commercial real estate building.