The results are more in line with a severe contraction rather than a temporary shock, says the Conference Board.
The index of purchasing managers saw its steepest drop since ’09.
Job openingss and manufacturer ordering are on the rise, signaling a strong and growing economy even as the coronavirus looms.
Home prices rose in November against a backdrop of stronger demand and lean housing inventory.
Steady job gains and record stock prices have buoyed the public’s mood.
A shortage of drivers, new regulations and solid demand are driving up rates.
Wages are firming as the tight job market places a premium on skilled workers.
A whopping 80 percent of middle-market businesses said they were optimistic.
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