It's never been this hard for companies to find qualified workers
Nearly 70% of employers reported talent shortages in 2019, a jump of 17 points in only one year and more than three times higher than a decade ago.
US producer prices post biggest gain in more than a year
U.S. producer prices increased by the most in more than a year in January, boosted by rises in the costs of services such as healthcare and hotel accommodation.
US housing starts fall, while building permits near a 13-year high
U.S. homebuilding fell less than expected in January while permits surged to a near 13-year high, pointing to sustained housing market strength amid lower mortgage rates.
Federal Reserve's Robert Kaplan sees no changes in interest rates this year
The central banker, in an essay released Tuesday morning, backed the wait-and-see approach that his fellow voters on the Federal Open Market Committee have adopted
US oil industry expected to cut spending by 10-15% and restructure, Dallas Fed says
The Dallas Fed, which has the Permian basin in its economic region, expects the oil and gas sector to cut spending by 10% to 15% in 2020.
Consumer sentiment rises in February even amid the coronavirus outbreak
U.S. consumer sentiment figures for February came in higher than expected despite the recent outbreak of the coronavirus.
US January industrial output falls on weather, Boeing drop
U.S. industrial production fell 0.3% in January as unseasonably warm weather held down the output of utilities and Boeing slowed production of civilian aircraft.
Consumer spending rose modestly in January as clothing store sales fell by the most since 2009
Sales at clothing stores declined by the most since 2009 in January, which could raise concerns about the economy's ability to continue expanding at a moderate pace.
32% of American workers have medical debt—and over half have defaulted on it
Almost a third of working Americans currently have some kind of outstanding medical debt, with about 28% owing $10,000 or more on their bills, according to a new survey from Salary Finance.