Labor/Economy

Economy Watch: New Housing Starts Rise in November

Private housing starts in November came in at an annualized rate of 1,091,000 units, according to the Census Bureau.

Economy Watch: CPI Doesn’t Move in November

The Consumer Price Index for All Urban Consumers didn’t budge in November, according to the Bureau of Labor Statistics.

Economy Watch: Industrial Production Surpasses ’07 Level

The Federal Reserve reported that U.S. industrial production increased 1.1 percent in November, compared with a decline of 0.1 percent in October.

Economy Watch: To Taper or Not to Taper?

It’s going to be a notable week for the Federal Reserve, with a meeting of the Federal Open Market Committee slated for Tuesday and Wednesday, followed by Chairman Ben Bernanke’s last press conference in that position.

Economy Watch: Retail Sales See November Gain

U.S. retail sales edged up 0.7 percent in November compared with October, the Census Bureau reported.

Economy Watch: State, Local Tax Revenues Up

The Rockefeller Foundation reported recently that total state tax collections increased during the second quarter of 2013, the latest in a string of quarterly increases and an indication that the contraction of state government–which represented a major headwind for the entire U.S. economy during the worst of the recession–is over.

Economy Watch: Federal Budget Deal Reached

Congress, which served as a drag on the economy in 2013 with its uncertainty-generating behavior, took a small step toward more consistent policymaking in 2014–it is an election year, after all–by passing a modest budget deal.

‘Economy Watch’ Podcast with Dees Stribling: A Good Week for the Economy

It was a good week for the U.S. economy.

Economy Watch: Net Household Worth Highest Ever

The Federal Reserve reported that U.S. household net worth increased in the third quarter, reaching a new high of nearly $77.3 trillion in 3Q13 compared with $75.3 trillion in 2Q13.