Durable goods weaker than expected in November
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New orders for long-lasting  U.S.-made manufactured goods rose by a much less-than-forecast  0.1 percent during November and a key gauge of corporate  appetite for investment also unexpectedly shrank, government  data on Thursday showed.
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A weaker-than-anticipated report on the US labor market, showing just 112,000 jobs added in November, disappointed some but confirms a still-sluggish pace of US economic growth, analysts said.
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NEW YORK -- Wall Street stumbled Friday after a key survey showed that manufacturing activity declined in November and raised concerns that the economy won't be able to achieve a soft landing.
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(Detroit-AP) Dec. 2, 2004 - The nation&#39;s two largest automakers are reporting weak November sales and announcing plans to reduce production.
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American factories saw orders for costly manufactured goods rise only marginally in November, underscoring the strains to the economy from housing and credit problems.
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U.S. shoppers came out in droves in November, but warm and wet weather, combined with steep holiday discounts, prompted less-than-stellar sales at many chains, retailers said on Thursday.
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The outlook for the holiday season dimmed yesterday as the nation's retailers reported disappointing sales for November following an uninspiring Thanksgiving weekend.
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New orders for long-lasting U.S.-made manufactured goods rose by a much less-than-forecast 0.1 percent during November and a key gauge of corporate appetite for investment also unexpectedly shrank, government data on Thursday showed.
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U.S. consumer spending edged up a slim 0.2 percent in November, much weaker than October's robust 0.8 percent jump as purchases of new cars dropped sharply, a government report on Thursday showed.
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New orders for U.S.-made durable   goods fell unexpectedly in August and orders excluding   transportation or defense goods also declined surprisingly, a   government report showed on Wednesday.
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U.S. manufacturing contracted in November for the first time in 3-1/2 years, while construction spending fell sharply in October, according to reports on Friday pointing to a slowdown in the U.S. economy.
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Consumer confidence declined in November for a fourth consecutive month, a private research group reported Tuesday, reflecting doubts about the economy once the holidays are past.
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U.S. consumer sentiment ended weaker  in November than October, a private survey showed on Wednesday,  as consumers pared their view of current and future financial  conditions.
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Wal-Mart Stores Inc. reported surprisingly weak November sales on Saturday, even as U.S. bargain-hunters jammed stores in search of gifts at the start of the crucial holiday shopping season.
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The outlook for the holiday season dimmed Thursday as the nation's retailers reported disappointing sales for November following an uninspiring Thanksgiving weekend.
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Pending sales of existing U.S. homes  slipped in November but were much stronger than previously  thought in October, according to a report on Tuesday that  offered mixed news on the battered U.S. housing sector.
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Sales of new U.S. homes fell in November to the lowest rate since 1995, but business activity perked up this month, according to reports on Friday that showed pockets of strength in the economy despite a housing sector meltdown.