July wholesale figures signal economic growth in current quarter; inventories dip, sales growWASHINGTON — Businesses reduced inventories at the wholesale level for a record 11th consecutive month in July, although sales rose by the largest amount in more than a year, sparking hope for better days ahead. Wholesale inventories drop in July for record 11th straight month; sales up most in 13 monthsWASHINGTON — Businesses reduced inventories at the wholesale level for a record 11th consecutive month in July, although sales rose by the largest amount in more than a year, sparking hope for better days ahead. Trade deficit grows, but growth in imports and exports shows demand rising as recession fadesWASHINGTON — The ending of the recession is reviving global trade, increasing U.S. imports by a record amount in July and boosting foreign demand for American goods for a third straight month. New jobless claims fall more than expected to 550,000, total unemployment rolls also dropWASHINGTON — First-time claims for jobless benefits fell more than expected last week, evidence that companies are laying off fewer workers as the economy improves. Fed findings indicate recession may be over; Fed says most of US stabilizing or improvingWASHINGTON — Economic activity is stabilizing or improving in the vast majority of the country, according to a government survey released Wednesday. The findings indicate that the worst recession since the 1930s may be over. Worst recession since 1930s appears to be over; Fed finds most of US stabilizing or improvingWASHINGTON — Economic activity is stabilizing or improving in the vast majority of the country, according to a government survey released Wednesday. The findings indicate that the worst recession since the 1930s may be over. Federal Reserve survey shows worst recession since 1930s may be overWASHINGTON — The recession is ending and the economy is finally growing again. That’s the message implicit in the Federal Reserve’s latest survey of businesses around the country, which found economic activity stabilizing or improving in most regions. Federal Reserve survey: 11 of 12 regions report economic improvements, signs of stabilizationWASHINGTON — A new government survey finds the vast majority of the country reporting economic activity is stabilizing or improving, as the worst recession since the 1930s appears to be over. Economic rebound will be difficult as jobless rate hits 9.7 pct, signaling reluctance to hireWASHINGTON — At least it’s not all bad anymore. Unemployment rate rises to 9.7 percent in August, highest level in 26 years; 216,000 jobs lostWASHINGTON — The unemployment rate jumped almost half a point to 9.7 percent in August, the highest since 1983, reflecting a poor job market that will make it hard for the economy to begin a sustained recovery. Unemployment rate expected to rise, even as economy recovers from deep recessionWASHINGTON — The economy is showing consistent signs of improvement, but probably not enough to stop employers from cutting jobs or to keep the unemployment rate from rising. New jobless claims dip less than expected, sign that weak labor market will hinder recoveryWASHINGTON — New claims for jobless aid fell less than expected last week, and the number of people continuing to receive unemployment benefits rose — further signs that any economic recovery will be hindered by a weak job market and flat incomes. New jobless claims dip less than expected to 570,000; continuing claims rise to 6.2 millionWASHINGTON — New jobless claims fell slightly last week while the number of people receiving unemployment benefits rose, a sign the job market’s recovery will be long and bumpy. Economy flashing more signals that recovery is beginning but worries remain over durabilityWASHINGTON — Productivity and factory orders are up as the economy continues to flash signals that the longest recession since World War II is coming to an end. However, worries remain about how durable the rebound will be given lingering problems in the labor market. Productivity jumps in spring on cost cuts, but stronger consumer demand needed for recoveryWASHINGTON — Companies managed to boost their workers’ productivity and their own profits in the spring mainly by slashing costs and capping their employees’ pay. Productivity rises at fastest pace in nearly 6 years, while labor costs plunge in springWASHINGTON — Worker productivity, the single biggest factor determining living standards, grew at the fastest pace in nearly six years in the spring while labor costs fell by the most in nine years, as companies slashed costs to survive the recession. Data due out Thursday expected to show rise in July durable goods orders, productivityNEW YORK — New signs of economic recovery keep emerging, but with the American consumer still hamstrung by flat wages and job losses, it’s unclear those signs will last. Hopeful signs in manufacturing, housing, auto sales tempered by consumers wary of spendingNEW YORK — New signs of economic recovery emerged Tuesday only to be overshadowed by new worries that they won’t last. Private measure of manufacturing activity shows growth in August after shrinking for 18 monthsNEW YORK — The U.S. manufacturing sector grew in August for the first time in 19 months, adding to evidence that the recession is ending. Flat household incomes raise doubts about recovery as consumers deal with weak job prospectsWASHINGTON — Household income in the United States is essentially stagnant, raising doubts about whether consumers already hurt by job losses can sustain an economic recovery. Consumer spending edges up in July with help from Cash for Clunkers, but incomes are flatWASHINGTON — Consumer spending edged up in July with help from the popular Cash for Clunkers program, but household incomes, the fuel for future spending increases, were flat. Consumer spending, income data may be latest hints that long recession losing its gripWASHINGTON — Evidence is mounting that the longest recession since World War II is losing its grip on the U.S. economy. Economy’s small drop in 2Q hints recession ending, but strength of recovery remains a concernWASHINGTON — Further evidence the recession is ending came in a report Thursday confirming that the economy shrank at an annual rate of just 1 percent in the spring. GDP shrinks 1 percent in 2nd quarter, better than expected and unchanged from initial estimateWASHINGTON — The economy shrank at an annual rate of 1 percent in the spring, a better-than-expected showing and more evidence that the recession is drawing to a close. Analysts expect fewer 1st-time jobless claims, estimate economy shrank at 1.5 pct in 2QWASHINGTON — Government data this week showed that consumers and businesses went on a big-ticket spending spree in July, sending home, car and equipment sales soaring by the largest amount in years. On Thursday, the Labor Department’s report on weekly jobless claims will indicate whether that improved confidence about the economy is boosting the job market. Consumers and business spend big in July, sending home, equipment and car sales soaringWASHINGTON — Consumers and businesses went on a big-ticket spending spree in July, sending home, car and equipment sales soaring by the largest amount in years. Durable goods orders increase by most in 2 years in July, driven by autos and aircraftWASHINGTON — Orders for durable goods rose last month by the largest amount in two years, as the manufacturing sector rebounded from the depths of the recession. July new home sales expected to rise for 4th straight month, durable goods seen up 3 percentWASHINGTON — Americans’ pessimism about the economy appears to be lifting, with consumer expectations for the next six months hitting their most positive point since the recession began. And a national gauge of home prices has posted its first quarterly increase in three years. Consumer sentiment up more than expected in August; housing market also shows signs of lifeWASHINGTON — Americans’ pessimism about the economy appears to be lifting, with consumer expectations for the next six months hitting their most positive point since the recession began. Consumer sentiment up more than expected in Aug., expectations at highest level since Dec. ‘07WASHINGTON — Consumer sentiment rose more than expected in August and expectations hit the highest level since the recession began, indications that Americans’ pessimism about the economy may be lifting. |
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