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Mortgage rates rose throughout most of last year but have since fallen to below year-ago levels. That should help make all homes more affordable. » Read More
Job vacancies jumped to a fresh high of 7.6 million in January as employers continue to seek qualified applicants to fill positions.
U.S. manufacturing output fell for a second straight month in February.
The jobless data suggested the labor market was slowing, but probably not to the extent implied by a near-stall in job growth in February.
Sales of new U.S. homes slumped 6.9 percent in January.
Prices of imported goods rose more than expected in February, boosted by a jump in fuel costs.
U.S. wholesale prices barely increased last month after falling for three straight months, a sign there is little inflation pressure in the economy.
Orders to U.S. factories for big-ticket manufactured goods edged up slightly in January, but the strength came from a big increase in the volatile aircraft category.
Mortgage interest rates are decidedly lower than a year ago, and home shoppers are buying, but most are wealthier consumers buying pricier homes.
U.S. consumer prices rose for the first time in four months in February, but the pace of the increase was modest, resulting in the smallest annual gain in nearly 2-1/2 years.
Fed Chairman Jerome Powell tells "60 Minutes" that President Trump cannot remove him from office.
U.S. retail sales unexpectedly rose in January, lifted by an increase in purchases of building materials and discretionary spending.
Industry analyst Trilby Lundberg of the Lundberg Survey said the price at the pump is 9 cents lower than it was a year ago.
February's job growth slowed to a crawl, but it is temporarily sluggish growth and not a sign of recession.
Job growth increased by just 20,000 in February after a blistering start to the year, even as the unemployment rate fell to 3.8 percent.
The unemployment rate fell to 3.8 percent in February, according to the Labor Department. But a broader measurement says the rate plunged to 7.3 percent last month.
Kudlow's comments came after the Labor Department's employment report showed U.S. job growth came to a near halt in February.