Good News, January | featured news

Pending home sales near a 2-year high in January

Signed contracts for home resales rose to a nearly two-year high in January, an industry group said on Monday, further evidence of a budding recovery in the housing market.

 

US retail sales rise in January

US retail sales rose in January for the seventh consecutive month, although the increase was the weakest since June 2010.

 

Retailers report surprisingly solid January sales

Retailers report surprisingly solid January sales

Retailers are reporting surprisingly solid January revenue gains despite snowstorms that many feared would chill spending.

 

GM January sales up 22 percent

GM January sales up 22 percent

General Motors Co posted a 22 percent rise in sales for January, outperforming expectations for the market as a whole on gains in demand for its pickup trucks.

 

Consumer Confidence Index hits 8-month high

The Consumer Confidence Index rose in January to its highest level in eight months with Americans growing a little more confident about the job market and business conditions.

 

Core inflation drops for first time since 1982

Core inflation drops for first time since 1982

Consumer prices rose less than expected in January while prices excluding food and energy actually fell, something that hasn't happened in more than a quarter-century.

 

Data on industry output, home building boost hopes

Hopes that the economy can sustain its recovery drew support Wednesday from news that industrial ouput rose for a seventh straight month and home construction hit a six-month peak in January....

 

Retail Sales Rise More Than Expected in January

Retail Sales Rise More Than Expected in January

Retail sales posted a better-than-expected increase in January, a welcome development that could mean stronger economic growth in coming months.

 

January unemployment rate drops to 9.7%

January unemployment rate drops to 9.7%

The nation's unemployment rate tumbled unexpectedly to 9.7% in January, first time it's fallen below double digits since September, the Bureau of Labor Statistics reported Friday.

 

Solid sales gains for retailers in January

Solid sales gains for retailers in January

Sales increase 3.3% over a year earlier in a usually slow month. Notably, beleaguered Abercrombie & Fitch posts an 8% increase.

 

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