Pace of economic decline likely eased in 1st quarter, raising hope recession’s grip looseningWASHINGTON — The recession’s grip on the country may be letting up a bit. Consumer confidence soars in April, but are people ready to start spending?NEW YORK — Consumer confidence zoomed past economists’ forecasts in April to its highest level since November, reflecting a growing sense that the economy may have bottomed out and Americans might be prepared to spend more money. Private research group says consumer confidence soars in April amid hopeful economic signsNEW YORK — A private research group says that consumer confidence soared in April amid hopeful signs that the economy is starting to stabilize. Durable goods orders, new home sales better than expected in March; downward pressure easingWASHINGTON — Demand for big-ticket manufactured goods and new home sales both were better than expected in March, raising hopes that the long slides in manufacturing and housing are slowly coming to an end. Durable goods orders fall less than expected in March as aircraft orders riseWASHINGTON — Demand for big-ticket manufactured goods fell less than expected in March, raising some hopes that the long slide in manufacturing is nearing an end. Jobless claims rise while homes sales drop; recession may be slowing but recovery far offWASHINGTON — Worse-than-expected news on unemployment and home sales Thursday dampened optimism that a broad economic recovery might be near. Jobless claims up more than expected and homes sales drop, defying hopes for recoveryWASHINGTON — Worse-than-expected news on unemployment and home sales Thursday dampened optimism that a broad economic recovery might be near. New jobless claims rise more than expected to 640,000; continuing claims top 6.1 millionWASHINGTON — New jobless claims rose more than expected last week, while the number of workers continuing to filing claims for unemployment benefits topped 6.1 million. |
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