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Search resuls for: "Jeffrey Sparshott"


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Over the three months through October, U.S. employers added an average of 204,000 jobs a month, a marked slowdown from earlier in the postpandemic period. Photo: Justin Sullivan/Getty ImagesThe U.S. economy is approaching what most economists had thought either unlikely or impossible: inflation returning to its prepandemic norm without a recession or even much economic weakness, a so-called soft landing. “What we are expecting now is a soft landing,” said Nancy Vanden Houten , lead U.S. economist at Oxford Economics. “We expect the economy to weaken quite a bit but it does look like we’ll avoid an outright contraction” in gross domestic product.
Persons: Justin Sullivan, , Nancy Vanden Houten Organizations: Oxford Economics
Workers Are Doing Less Work for the Same Pay
  + stars: | 2023-10-30 | by ( Jeffrey Sparshott | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/economy/jobs/workers-are-doing-less-work-for-the-same-pay-80284352
Persons: Dow Jones
The housing market is facing a combination of elevated mortgage rates and high prices. Photo: Brandon Bell/Getty ImagesThursday’s home sales report will show how the housing market is responding to soaring mortgage rates. Home sales have trended sharply lower as mortgage rates rose to the highest level since 2000. The National Association of Realtors is scheduled to release the September existing-home sales report at 10 a.m. Eastern time Thursday. High rates are also limiting the inventory of homes on the market because homeowners with low rates are unwilling to sell and move.
Persons: Brandon Bell, Freddie Mac, WSJ's Jeffrey Sparshott Organizations: Wall, National Association of Realtors, Time
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/americans-working-job-market-prime-age-9fdc339b
Persons: Dow Jones
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/americas-hot-labor-market-fuels-job-growth-in-unexpected-places-6dc5c0c6
Persons: Dow Jones
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/mixed-signals-in-u-s-jobs-report-a57b18fd
Persons: Dow Jones
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/debt-ceiling-deal-does-little-to-change-direction-of-federal-spending-economy-d613388
Imports declined 0.3% in March from the prior month, reflecting lower shipments of semiconductors, chemicals and cellphones and higher imports of consumer goods. Photo: Jordan Vonderhaar/Bloomberg NewsU.S. trade with the rest of the world increased in March as companies shipped more oil, natural gas and vehicles overseas and exported more products to China after it lifted Covid restrictions. Newsletter Sign-up Real Time Economics The latest economic news, analysis and data curated weekdays by WSJ's Jeffrey Sparshott. Preview SubscribeU.S. businesses also imported more consumer goods, but reduced imports of industrial supplies and capital goods. The trade figures aren’t adjusted for inflation and reflect both demand and price changes.
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