US Economy

Emerging nations eager for lift-off: Stevens

by AAP
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Reserve Bank governor says many emerging countries would like US rates lifted sooner rather than later.

US home price growth flattens in April

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S&P/Case-Shiller index shows US housing recovery remains bumpy.

US consumer confidence jumps in June

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Conference Board survey shows consumer sentiment equal to March's multi-year high.

The Asian Century must begin with great-power compromise

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Geo-strategic leadership in Asia is changing fast, yet little is being done to steer it in the direction that might reduce the risk of disaster.

US pending home sales hit nine-year high

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Forward-looking indicator rises to highest level in more than nine years in May.

US consumer sentiment at four-month high

by AP
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New data suggests spending will increase this year.

Households keep the Fed on its rate course

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US household consumption is strengthening, but the divergence between business investment and employment could present a challenge for the Fed.

US inflation steady in May

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Print shows 0.2 per cent annual growth, undershooting Fed target for 37th consecutive month.

US jobless claims tick up to 271,000

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Labor Department data shows smaller than expected rise in claims.

US consumer spending soars in May

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Official data the biggest monthly increase since August 2009.

US Fed seeks industry input on stress tests

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Fischer says outreach activity aimed at improving banks stress testing.

US growth upwardly revised in Q1

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Official data shows economic slowdown less severe than expected in the quarter.

Corporate America needs to shift out of first gear

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The US corporate sector isn't keeping pace with the recovery and is threatening to undermine the recent lift in employment.

US factory activity slows in June

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Flash purchasing managers' index slows to 53.4, from the final May reading of 54.0.

US new home sales lift to 7-yr high

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May print brings latest sight of rising momentum after years of sluggish progress.

Fed rate rise as soon as Sept: Powell

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Federal Reserve governor says odds of a hike by September close to 50-50.

US durable goods orders fall in May

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Commerce Department print shows greater drop than expected, third fall in four months.

US home sales jump in May

by AP
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More Americans bought homes in May, a sign of economic strength that is pushing up average prices.

Economy could deal with quarter-point rate rise now: Fed's Mester

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Senior official says rate hike wouldn't be bad for the economy as a whole.

Fed should hike twice this year: Fed's Williams

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Senior official repeats tried-and-tested line about monitoring US economy closely.

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