Bloomberg
Jobless Claims in U.S. Unexpectedly Decrease to Four-Year Low
Claims for jobless benefits expectedly dropped last week to the lowest level in four years, showing the U.S. job market is on the mend.Applications (INJCJC) for unemployment insurance payments decreased 13,000 in the week ended Feb. 11 to 348,000, less than the lowest forecast of economists surveyed by Bloomberg News and the fewest since March 2008, Labor Department figures showed today. The median survey estimate projected an increase to 365,000... read more.
Housing Starts in U.S. Rise More Than Estimated on Warmer January Weather
Builders broke ground on more homes than forecast in January, helped by warmer weather and adding to signs the U.S. residential real estate market is stabilizing.
Starts rose 1.5 percent to a 699,000 annual rate from December’s 689,000 pace that was stronger than previously reported, Commerce Department figures showed today in Washington. The median estimate in a Bloomberg News survey called for a rise to 675,000. Building permits, a proxy for future construction, also climbed.
No comments:
Post a Comment