Consumer prices climbed 2.9 percent in July from a year earlier, a rate of inflation that suggests Americans are earning less than a year ago despite an otherwise solid economy.
Americans increased their borrowing in June at the slowest annual pace in three months as the level of credit card debt fell slightly.
U.S. sales of existing homes fell 0.6 percent in June, the third straight monthly decline as higher prices and a relative lack of inventory has sidelined many would-be buyers.
U.S. employers kept up a brisk hiring pace in June by adding 213,000 jobs in a sign of confidence despite a looming trade war with China.
Employers in the United States are thought to have kept up their brisk pace of hiring in June, reflecting the durability of the second-longest U.S. economic expansion on record even in the face of a trade war with China.
Fewer Americans signed contracts to purchase homes in May, as sales are being stifled by a shortage of properties on the market.
A surge of construction in the Midwest drove U.S. housing starts up 5 percent in May from the prior month.
"The economy," Federal Reserve Chairman Jerome Powell declared this week, "is doing very well."
Halfway through a news conference Wednesday, the head of the world's most powerful central bank was asked a question weighing on the minds — and the checking accounts — of Americans everywhere: When will people finally start getting meaningful pay raises?
Sales of new U.S. homes fell 1.5 percent in April, as buying plunged in the West.
U.S. jobseekers likely enjoyed April after slogging through a so-so March.
U.S. services firms grew at a slower pace in April compared to the prior month, as companies are reporting cost pressures from possible tariffs and a shortage of available workers.
Sales of new U.S. homes jumped 4 percent in March, propelled by a surge of buying in the West.
US consumers increased their debt by just 3.3 percent in February, the weakest monthly change in nearly seven years despite an otherwise healthy economy.
U.S. services firms expanded at a slower clip in March compared to the prior month, largely because the pace of business activity and new orders fell.
Spending on U.S. construction projects ticked up a mere 0.1 percent in February from the prior month, a sign that a growing economy is doing little to spur a more rapid pace for building homes, hospitals and highways.
U.S. manufacturers say they expanded at a slower pace in March.
Sales of new U.S. homes slipped 0.6 percent in February, the third straight monthly decline.
In his first news conference as head of the world's leading central bank, Jerome Powell avoided any professorial lectures.
Homebuilders broke ground on fewer apartment complexes in February, causing overall housing starts to fall 7 percent.