Economy

Hits: 3U.S. homebuilding surged in December as activity increased across the board, suggesting the housing market recovery was back on track. Source

Hits: 4With a skills gap plaguing manufacturing, companies are spending big to train their current workforce and ensure a pipeline of talent. Source

Hits: 4U.S. manufacturing output rose unexpectedly in December as a drop in motor vehicle output was outpaced by increases in production of other durable goods, food and beverages, and other products. Source

Hits: 3President Donald Trump will pick two economists, Judy Shelton and Christopher Waller, to serve on the Federal Reserve Board, the White House said on Thursday. Source

Hits: 2Purchasing managers have been gloomy on manufacturing for the past five months, but the sector now looks like it could be about to spring back. Source

Hits: 0One firm analyzed pickup truck sales in order to get a read on the state of small businesses in the United States. Source

Hits: 3The number of U.S. workers filing new claims for unemployment benefits unexpectedly fell last week, pointing to continued strength in the labor market. Source

Hits: 1U.S. retail sales were expected to climb 0.3% in December, up slightly from the 0.2% increase a month earlier. Source

Hits: 2National Economic Council Director Larry Kudlow said that the White House plans to unveil a plan for additional tax cuts later in 2020. Source

Hits: 0The U.S. producer price index was expected to increase by 0.2% in December, compared with a flat reading a month earlier. Source