Good News | featured news

Revised Labor Department figures find an extra 386,000 jobs

Revised Jobs Data

The government went back over its numbers and found something missing -- nearly 400,000 new jobs. In its annual revision to its employment data, the Labor Department said Thursday that 386,000 more jobs were created in the year ending in March than it originally had reported. The revision is a preliminary estimate, with a final figure coming in February.

 

US unemployment aid applications at 2-month low

The number of Americans seeking unemployment benefits plunged 26,000 last week to a seasonally adjusted 359,000, a hopeful sign for the job market. It's the lowest level of weekly applications in nine weeks.

 

US consumer confidence jumps to 7-month high.

Americans' confidence in the economy jumped this month to the highest level since February, bolstered by a brighter outlook for overall business conditions and hiring. The Conference Board said Tuesday that its Consumer Confidence Index rose to 70.3. That's up from 61.3 in August, which was revised higher. And it's the highest reading since February, when employers added 259,000 jobs and many thought the recovery was strengthening.

 

Home prices rose in July in 20 major US cities

Housing Market

Home prices kept rising in July across the United States, buoyed by greater sales and fewer foreclosures. National home prices increased 1.2 percent in July, compared to the same month last year, according to the Standard & Poor's/Case Shiller index released Tuesday. That's the second straight year-over-year gain after two years without one.

 

Economy has bottomed out, census data suggests

Five years after the housing bust, the U.S. economy is showing signs of finally bottoming out. Americans are on the move again after putting their lives on hold and staying put. More young adults are leaving their parents' homes to take a chance with college or the job market, while once-sharp declines in births are leveling off and poverty is slowing.

 

Housing starts and existing home sales both rose in August

Housing Market

The rebound in the U.S. housing market accelerated in August as residential construction starts increased 2.3% and sales of existing homes rose 7.8%, according to new figures released Wednesday.

 

Good news on childhood obesity treatment

Childhood Obesity

Finally, there’s good news on the child obesity front. A new study published online today suggests that inexpensive, community-based obesity intervention programs can work very well for kids who struggle with weight issues.

 

Retail Sales in US Rose 0.9% in August on Auto Demand

Retail Sales

Retail sales in the U.S. increased in August by the most in six months, boosted by demand for automobiles along with higher gasoline prices that left consumers with less to spend on other goods. The 0.9 percent gain followed a revised 0.6 percent advance in July that was smaller than initially reported, the Commerce Department said today in Washington. The median forecast of 84 economists surveyed by Bloomberg called for an increase of 0.8 percent. Sales slowed at department stores, apparel retailers and electronics outlets.

 

Census: More Americans got health insurance in 2011

More Americans got health insurance coverage in 2011, as young adults jumped onto their parent’s health insurance plans, the U.S. government said Wednesday. More also got public health insurance under the Medicare and Medicaid programs.

 

Good week for the euro - but also a warning

The German chancellor says it's a "good day for Germany and a good day for Europe". Better than that, it's been a good week. First, the European Central Bank delivered on its pledge to do more - possibly quite a lot more - to hold the euro together. Now the German constitutional court has ruled in favour the new European bailout fund, the ESM.

 

Subscribe to this RSS topic: Syndicate content