Service Industries Grow at About Same Pace as Prior Month
Service industries grew in March at about the same pace as a month earlier, indicating the biggest part of the U.S. economy is holding up.
April 6, 2015Labor Dispute at West Coast Ports Contributes to Trade Deficit Shrinking to Five-Year Low
The trade deficit in the U.S. shrank in February to the lowest level in more than five years as a labor dispute at West Coast ports contributed to the weakest reading on purchases from abroad since 2011.
April 2, 2015Jobless Claims Decline to Nine-Week Low
The fewest Americans in nine weeks filed applications for unemployment benefits, a sign of further strength in the labor market that will continue to support the U.S. expansion.
April 2, 2015Economic Indicators Rise in February, Manufacturing Unchanged in Philadelphia Region
The Conference Board’s index of leading economic indicators, a measure of the outlook for the next three to six months, rose 0.2% in February for a second month, the New York-based group said March 19.
March 19, 2015Quick Take: Oil Prices May Have Further to Fall
Oil bulls got another piece of bad news March 16 from an unlikely source: the Federal Reserve.
March 17, 2015Manufacturing Activity Rose in February at Slowest Pace in a Year
U.S. manufacturing activity expanded at the slowest pace in a year in February as weaker growth abroad limited orders for American-made products, the Institute for Supply Management reported.
March 2, 2015West Coast Port Dockworkers Union, Employers Agree to Deal
West Coast dockworkers and their employers reached a five-year contract deal Feb. 20, averting a shutdown of 29 ports that could have cost the U.S. economy $2 billion a day, Labor Secretary Tom Perez said.
February 21, 2015Labor Secretary Tom Perez Arrives as West Coast Ports Reopen
West Coast ports that were closed to incoming cargo over the holiday weekend reopened Feb. 17.
February 17, 2015FAA Proposes Opening Skies to Drones But Not For Delivering Packages
President Obama’s administration took the first step to opening the skies above the United States to widespread civilian drone flights while proposing strict limits on commercial operations, including the use of drones as a delivery vehicle.
February 15, 2015House OKs Keystone XL Pipeline, But Presidential Veto Looms
Congressional Republicans achieved an elusive legislative goal Feb. 11, sending a bill to approve the Keystone XL pipeline to President Obama.
February 12, 2015