First-Time Jobless Claims Decline
Fewer Americans than forecast filed applications for unemployment benefits last week, a sign persistent demand is fueling gains in the labor market.
November 6, 2014Service Industries Sustained Pace of Growth in October
Service industries in the U.S. sustained a faster pace of expansion in October than in the first half of the year, indicating the world’s largest economy is overcoming a global slowdown.
November 5, 2014Trade Deficit Widens to Four-Month High as Exports Decline
The trade deficit in the U.S. widened in September as exports cooled from a record, highlighting how weakening global growth will affect the world’s largest economy.
November 4, 2014Manufacturing Activity Improves in October, ISM Reports
U.S. manufacturing activity rose in October, matching August as the highest level since March 2011, the Institute for Supply Management reported Nov. 3.
November 3, 2014JFK Upgrade Spurs Backlash Over Moving Freight Upstate
Governor Andrew Cuomo’s plan to make New York’s John F. Kennedy International Airport more passenger-friendly by cutting out most cargo facilities risks backfiring, a shipping-industry group and analysts say.
October 31, 2014Consumer Sentiment Rises to Highest Since July 2007
Consumer confidence rose in October to a seven-year high as employment opportunities and declining gasoline prices boosted Americans’ spirits.
October 31, 2014Consumer Spending Drops as Incomes Cool
Consumer spending in the U.S. unexpectedly dropped in September as incomes rose at the slowest pace of the year, indicating the economy will have difficulty sustaining a pickup in growth into the end of the year.
October 31, 2014Economy Grew 3.5% in Third Quarter
The economy in the U.S. expanded more than forecast in the third quarter, capping its strongest six months in more than a decade, as gains in government spending and a shrinking trade deficit made up for a slowdown in household purchases.
October 30, 2014Fewer Americans Filed for Jobless Benefits in Last Four Weeks
Fewer Americans filed applications for unemployment benefits over the past month than at any time in more than 14 years, a sign the strengthening U.S. economy is buoying the labor market.
October 30, 2014Savannah Surges as Mighty Gate for Imports on US Growth
Blueberries from Chile, Peru and Brazil may soon be heading toward U.S. tables via Savannah, Georgia, opening another shipping market in the city’s emergence as a major trade hub.
October 28, 2014