Unemployment and trade data suggest stronger U.S. growth

11/11/2011 | Reuters

New claims for U.S. unemployment benefits dropped last week for the second consecutive week, to the lowest since April. "Clearly, the labor market is improving, but at a very slow pace," said Omer Esiner, chief market strategist at Commonwealth Foreign Exchange. In September, the U.S. trade deficit shrank, suggesting that the economic recovery is speeding up slightly.

View Full Article in:


Published in Briefs: