Crumbling Roads in Oil Fields Slow US Energy Boom
In southern Texas and North Dakota, where shale drilling has propelled U.S. oil production to the highest level in 28 years, thousands of 18-wheel trucks are rumbling to wells on roads designed decades ago for farmers to bring crops to markets.
July 11, 2014US Port Import Volume Surges on Union Talks
Imports into U.S. ports may hit a five-year high this month as retailers rush in holiday goods to avoid potential disruptions as West Coast longshore workers negotiate a new labor contract.
July 10, 2014Jobless Claims Decline by Fewest In a Month
Jobless claims declined by 11,000 to 304,000 in the week ended July 5, the fewest in more than a month, a Labor Department reported.
July 10, 2014Los Angeles Port Truckers Strike to Join Union, Spokeswoman Says
The ports of Los Angeles and Long Beach, the busiest U.S. trade complex, were struck by about 120 truck drivers protesting low wages and their employers’ refusal to let them join a union, a spokeswoman said.
July 8, 2014Trade Gap Shrinks in May on Record Exports
The trade deficit in the U.S. narrowed more than forecast in May on record exports, signaling a pickup in global growth that will boost American manufacturers.
July 7, 2014Factories Sustain Gains as Growth Picks Up
American factories, propelled by the strongest orders of the year, sustained gains in June and are poised to be part of the rebound in economic growth.
July 2, 2014Companies Add Most Workers Since 2012, ADP Says
Employment at companies climbed in June by the most since November 2012, a sign the U.S. job market is strengthening along with demand, a private payrolls report showed.
July 2, 2014Growth at Factories Held in June Near Fastest Pace of Year
Growth at U.S. factories held in June near the fastest pace of the year, a sign that manufacturing helped boost the economy in the second quarter.
July 1, 2014Pending Sales of Existing Homes Rise Most in Four Years
The number of contracts to purchase previously owned U.S. homes jumped in May by the most in more than four years, a sign the residential-real estate market is rebounding after a slow start to the year.
June 30, 2014Consumer Spending Climbs in May
Consumer spending in the United States grew in May as Americans used gains in income to shore up household finances.
June 26, 2014