DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Austen Hufford"


25 mentions found


☆ U.S. Retail Sales Rebounded Sharply in January
  + stars: | 2023-02-15 | by ( Austen Hufford | ) www.wsj.com   time to read: 1 min
U.S. retail sales jumped 3% in January as consumers broadly boosted spending on vehicles, furniture, clothing and dining out, adding to signs that economic growth picked up at the start of the year. Last month’s seasonally adjusted spending increase was the biggest since March 2021 and followed two months of declines at the end of last year, the Commerce Department said Wednesday.
☆ January’s Hiring Boom Caught Economists by Surprise. Why Forecasts Often Miss the Mark
  + stars: | 2023-02-04 | by ( Austen Hufford | ) 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/articles/januarys-hiring-boom-caught-economists-by-surprise-why-forecasts-often-miss-the-mark-11675483692
☆ January’s Hiring Boom Caught Economists by Surprise. Why Forecasts Often Miss the Mark.
  + stars: | 2023-02-04 | by ( Austen Hufford | ) 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/articles/januarys-hiring-boom-caught-economists-by-surprise-why-forecasts-often-miss-the-mark-11675483692
☆ Sketchy Social Security Numbers Possibly Landed Billions in Covid Aid
  + stars: | 2023-01-31 | by ( Austen Hufford | ) www.wsj.com   time to read: 1 min
The U.S. government likely awarded more than $5 billion in emergency pandemic loans to applicants that used questionable and unverified Social Security numbers, a government watchdog said, in the latest example of potential fraud from Covid-19 relief initiatives. The Pandemic Response Accountability Committee, an oversight panel that monitors pandemic-related government spending, said Monday that it had identified 69,323 loan receivers who had used Social Security numbers that weren’t issued legitimately or didn’t match other information. That is a sign, the panel said in a report, that the government loans might have gone to organizations that didn’t deserve them or had requested aid fraudulently, a finding that a House oversight panel might discuss at a Wednesday hearing about waste and fraud in pandemic spending.
☆ Consumer Spending Fell 0.2% in December as Inflation Cooled
  + stars: | 2023-01-27 | by ( Austen Hufford | ) www.wsj.com   time to read: 1 min
U.S. households cut spending in December, adding to signs of an economic slowdown, as underlying inflation cooled to its slowest pace since October 2021. Spending by U.S. households decreased 0.2% in December from the prior month, the Commerce Department said Friday, compared with a downwardly revised 0.1% decrease in November. Households cut spending on goods last month and increased spending slightly on services.
☆ Consumer Spending, Inflation Data Due in Commerce Department Report
  + stars: | 2023-01-27 | by ( Austen Hufford | ) www.wsj.com   time to read: 1 min
A report Friday will give details on the economic health of U.S. consumers at the end of a year, when they faced elevated inflation and rising interest rates. The Commerce Department will release December spending, income and inflation figures at 8:30 a.m. The report will offer a picture of the closing month of 2022 as the holiday season wrapped up, including spending on travel, medical care and other services.
☆ Inflation-Weary Americans Find Some Relief as Prices Fall for Dozens of Products
  + stars: | 2023-01-13 | by ( Austen Hufford | ) www.wsj.com   time to read: 1 min
Prices were lower last month for dozens of products including airline tickets, chicken and shoes, providing some modest relief to Americans who faced historically high inflation in 2022. Overall consumer prices fell a seasonally adjusted 0.1% in December from November—the first monthly decrease since May 2020, the Labor Department said. But the annual inflation rate remained high. The consumer-price index rose 6.5% from December 2021.
☆ Inflation Weary Americans Find Some Relief as Prices Fall for Dozens of Products
  + stars: | 2023-01-13 | by ( Austen Hufford | ) www.wsj.com   time to read: 1 min
Prices were lower last month for dozens of products including airline tickets, chicken and shoes, providing some modest relief to Americans who faced historically high inflation in 2022. Overall consumer prices fell a seasonally adjusted 0.1% in December from November—the first monthly decrease since May 2020, the Labor Department said. But the annual inflation rate remained high. The consumer-price index rose 6.5% from December 2021.
☆ Atlanta Fed President Expects Higher Rates to Remain
  + stars: | 2023-01-07 | by ( Austen Hufford | ) www.wsj.com   time to read: 1 min
NEW ORLEANS—Atlanta Fed President Raphael Bostic said he expects the central bank to keep raising interest rates this year and then hold them at some undetermined higher level into next year to combat inflation. Mr. Bostic said Friday he anticipates the Federal Reserve lifting its benchmark federal-funds rate to at least 5% this year from its current range between 4.25% and 4.5%—which is a 15-year high.
☆ Large Pay Gains Outpace State Minimum-Wage Boosts for Many Workers
  + stars: | 2022-12-30 | by ( Austen Hufford | Photographs Amanda Lopez For The Wall Street Journal | ) www.wsj.com   time to read: 1 min
More than half the states in the U.S. are set to lift their minimum wages in the coming year, but the effects could be muted because many low-income workers already earn more than mandated due to strong labor demand. Wages have surged, particularly for low-wage workers, since the pandemic for several reasons, including widespread labor shortages. Many employers say they have to pay more than federal, state and local minimum wages to recruit and hold on to restaurant servers, hotel housekeepers, retail store clerks and other employees.
☆ Consumer-Spending Report to Offer Holiday Insights
  + stars: | 2022-12-23 | by ( Austen Hufford | ) www.wsj.com   time to read: 1 min
A November report will gauge the health of consumer spending and other household finances as a year of high inflation and rising interest rates draws to a close. The Commerce Department will release spending, income, saving and inflation figures at 8:30 a.m. ET on Friday. The report will offer a picture of how consumers did in November as the holiday season got under way, including spending on services such as travel and medical care.
☆ U.S. Household Spending Rose Sightly in November as Inflation Eased
  + stars: | 2022-12-23 | by ( Austen Hufford | ) www.wsj.com   time to read: 1 min
Spending by U.S. households rose slightly in November and inflation eased as the Federal Reserve raised interest rates to combat rapidly rising prices. Personal spending increased 0.1% in November from the prior month, the Commerce Department said Friday, compared with an upwardly revised 0.9% increase in October. Households boosted spending on services last month while cutting spending on goods, including autos.
☆ Consumer Spending Tapered Off Ahead of the Holidays
  + stars: | 2022-12-23 | by ( Austen Hufford | ) www.wsj.com   time to read: 1 min
The U.S. economy showed fresh signs of slowing late this year as consumer spending and business demand softened and inflation eased. Personal spending increased 0.1% in November from the prior month, the Commerce Department said Friday, marking a pullback from a robust 0.9% increase in October. Households boosted spending on services last month while cutting spending on goods, including autos. When adjusted for inflation, consumer spending was flat.
☆ Price Pressures Ease in U.S. and Europe, Businesses Say
  + stars: | 2022-12-16 | by ( Austen Hufford | Paul Hannon | ) www.wsj.com   time to read: 1 min
Price pressures eased at the end of the year as central banks fought high inflation, businesses in the U.S. and Europe say, though the global economy continued to teeter with the possibility of a recession. Household demand for goods is weakening across the globe, and factories are cutting production in response. That has taken pressure off supply chains, leading to a downshift in price increases and slowing global trade.
☆ U.S. Jobless Claims Rise Slightly in Tight Labor Market
  + stars: | 2022-12-08 | by ( Austen Hufford | ) www.wsj.com   time to read: 1 min
U.S. unemployment filings rose slightly last week, a sign the labor market remains tight despite layoffs at some companies and broader economic uncertainty. Initial jobless claims, a proxy for layoffs, rose by 4,000 to a seasonally adjusted 230,000 last week, the Labor Department said Thursday. That was near the 2019 weekly average of around 218,000 when the labor market was also robust.
☆ U.S. Economic Growth Slowed This Fall, Fed’s Beige Book Says
  + stars: | 2022-11-30 | by ( Austen Hufford | ) www.wsj.com   time to read: 1 min
U.S. economic growth eased this fall with business activity in some parts of the country stalling or declining, the Federal Reserve said in a Wednesday report. Businesses also expressed greater uncertainty and increased pessimism for the U.S. economy as prices and interest rates continue to rise, according to the central bank’s latest compilation of economic anecdotes from around the country, known as the Beige Book.
☆ Employers Rethink Need for College Degrees in Tight Labor Market
  + stars: | 2022-11-26 | by ( Austen Hufford | ) www.wsj.com   time to read: 1 min
The tight labor market is prompting more employers to eliminate one of the biggest requirements for many higher-paying jobs: the need for a college degree. Companies such as Alphabet Inc.’s Google, Delta Air Lines Inc. and International Business Machines Corp. have reduced educational requirements for certain positions and shifted hiring to focus more on skills and experience. Maryland this year cut college-degree requirements for many state jobs—leading to a surge in hiring—and incoming Pennsylvania Gov. Josh Shapiro campaigned on a similar initiative.
☆ Fading Supply-Chain Problems Signal Season of Plenty for Holiday Shoppers
  + stars: | 2022-11-17 | by ( Austen Hufford | Sharon Terlep | ) www.wsj.com   time to read: 1 min
Easing supply-chain pressures mean American consumers can look forward to their first normal holiday season in three years, industry executives and analysts say. They project full store shelves—and even deals—as retailers work through gluts in product categories from toys to furniture. “The script has been flipped,” said Steve Pasierb , president of manufacturing group The Toy Association. “From a supply-chain standpoint, it’s the opposite of last year.”
☆ Retail Sales Report to Show Consumer Spending Ahead of Holiday Season
  + stars: | 2022-11-16 | by ( Austen Hufford | ) www.wsj.com   time to read: 1 min
A report on October retail spending will show how American shoppers responded to continued high inflation ahead of the holiday season. The Commerce Department is scheduled to release October retail sales figures at 8:30 a.m. Eastern time Wednesday.
☆ U.S. Consumers Show Strength With Jump in Retail Sales
  + stars: | 2022-11-16 | by ( Austen Hufford | ) www.wsj.com   time to read: 1 min
U.S. consumers sharply boosted retail spending in October amid persistently high inflation, a sign of strength for the main driver of economic growth. Retail sales rose a seasonally adjusted 1.3% in October compared with September, when spending was unchanged, the Commerce Department said Wednesday.
☆ International Discord Undercuts Global Growth, Worsens Inflation
  + stars: | 2022-10-28 | by ( Jon Hilsenrath | Austen Hufford | ) www.wsj.com   time to read: 1 min
The global economy is once again under strain, but this time without the international cooperation that helped resolve previous post-Cold War crises. Instead, many of the world’s biggest powers are now intent on undermining one another, with unsettling economic implications. “There is a level of weaponizing the economy that we have not seen for, perhaps, decades,” said Adam Posen , president of the Peterson Institute for International Economics. “You’ve got G-20 economies actively trying to harm other G-20 economies. This is a different world.”
☆ Retail Sales Report to Show How High Inflation Affected Consumer Purchases
  + stars: | 2022-10-14 | by ( Austen Hufford | ) www.wsj.com   time to read: 1 min
A government report on retail spending will show how American shoppers responded to rapid and broad inflation in September. The Commerce Department is scheduled to release its September retail sales data at 8:30 a.m. Eastern time Friday.
☆ U.S. Retail Spending Was Flat in September
  + stars: | 2022-10-14 | by ( Austen Hufford | ) www.wsj.com   time to read: 1 min
U.S. shoppers’ retail spending was flat in September as they faced high inflation and rising interest rates. Retail sales—which comprise consumer spending mostly on goods like furniture, vehicles and groceries but also at restaurants—were unchanged last month compared with an upwardly revised 0.4% August increase from the month before, the Commerce Department said Friday.
☆ Inflation Expands Beyond Supply-Chain Struggles to Service Sector
  + stars: | 2022-10-13 | by ( Austen Hufford | ) 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/articles/inflation-expands-beyond-supply-chain-struggles-to-service-sector-11665676625
☆ Global Economic Growth Is Weighed Down by Inflation, Rising Interest Rates
  + stars: | 2022-07-21 | by ( Paul Hannon | Austen Hufford | ) www.wsj.com   time to read: 1 min
Fresh economic data pointed to a slowdown in U.S. and global growth, as higher prices and interest rates weigh on consumer demand, Europe enters a critical phase of its economic conflict with Russia, and China faces headwinds. U.S. and European business activity fell in October, according to new surveys released Monday. A sharp slowdown in services activity, the biggest driver of the world’s largest economy, led the U.S. decline.
<< prev 1 next >>
Total: 25