Government, Business

US Productivity Grew at Strong 2.9% Rate in Q2

WASHINGTON — The Labor Department on Sept. 6 affirmed last month’s report that U.S. productivity increased at an annual rate of 2.9% in the second quarter.

Josh Boak | The Associated Press
September 6, 2018
Government, Business

Construction Spending Rose 0.1% in July

WASHINGTON — Spending on U.S. construction projects ticked up 0.1% in July, led by an increase in homebuilding and the publicly funded building of schools and highways.

Josh Boak | The Associated Press
September 4, 2018
Government

US New Home Sales Climb 6.7% in May

WASHINGTON — Sales of new U.S. homes jumped 6.7% in May, with purchases in the South accounting for all of the monthly gains.

Josh Boak | The Associated Press
June 25, 2018
Business

US Services Firms Grow in April at Slowest Pace This Year

U.S. services firms grew at a slower pace in April compared with the prior month as companies are reporting cost pressures from possible tariffs and a shortage of available workers.

Josh Boak | The Associated Press
May 4, 2018
Business

Construction Spending Grows Just 0.1% in February

Spending on U.S. construction projects ticked up a mere 0.1% in February from the prior month, a sign that a growing economy is doing little to spur a more rapid pace for building homes, hospitals and highways.

Josh Boak | The Associated Press
April 2, 2018
Business

US Home Prices Surge 6.2%, Outpacing Wage Growth

U.S. home prices climbed a robust 6.2 percent from a year ago, amid strong demand from would-be buyers and a shrinking supply of properties for sale.

Josh Boak | The Associated Press
December 26, 2017