The NFIB Small Business Optimism Index rose to 96.9 in April, up 1.7 points from the previous month.
Total nonfarm payroll employment rose by 223,000 in April, up from last month’s revised estimate of 85,000. The unemployment rate dropped slightly to 5.4 percent, the lowest since 2008. The Federal Reserve has placed its full-employment estimate between 5 percent and 5.2 percent.
Consumer credit increased at a seasonally adjusted annual rate of 7.4 percent in March to $3.36 trillion.
The U.S. international trade deficit increased in March, rising to $51.4 billion, up from $35.9 billion in February.
The Non-Manufacturing ISM Report on Business Index was 57.8 in April, up 1.3 points from 56.5 in March.
New orders for manufactured goods increased 2.1 percent to $476.5 billion in March following a revised 0.1 percent decline in February according to the U.S. Census Bureau.
Consumer sentiment rose in April, according to the University of Michigan survey, rising 2.9 points above March’s reading.
The ISM manufacturing index was unchanged at 51.5 points in April. Index readings above 50 indicate expansion in the manufacturing economy.
Construction spending declined 0.6 percent in March to a seasonally adjusted annual rate (SAAR) of $966.6 billion.