Lucia Mutikani

Business

Factory Orders Drop in February in Latest Sign Economic Growth Slowed in First Quarter

Luke Sharrett/Bloomberg News

New orders for U.S. factory goods fell in February and business spending on capital goods was much weaker than initially thought, the latest indications that economic growth slowed further in the first quarter.

Lucia Mutikani | Reuters
April 4, 2016
Business

US Import Prices Extend Decline on Cheaper Fuel

Port of Los Angeles

U.S. import prices fell in November as the cost of petroleum and several goods continued to decline, suggesting that cheaper crude oil and a strong dollar will keep imported inflation pressures subdued for a while.

Lucia Mutikani | Reuters
December 10, 2015
Business

Construction Spending Rises to Near Eight-Year High

John Taggart/Bloomberg News

U.S. construction spending rose more than expected in October as outlays increased across the board, suggesting the economy remains on firmer ground despite some slowing in consumer spending and persistent weakness in manufacturing.

Lucia Mutikani | Reuters
December 1, 2015
Business

Shrinking US Trade Gap Shows Economy's Underlying Strength

Lance Cunningham/Flickr

The U.S. trade deficit fell in July to its lowest level in five months as exports rose broadly, signaling underlying strength in the economy amid concerns about a global growth slowdown.

Lucia Mutikani | Reuters
September 3, 2015
Business

Factory Orders Rebound on Strong Demand for Transportation Equipment

Patrick T. Fallon/Bloomberg News

New orders for U.S. factory goods rebounded strongly in June on robust demand for transportation equipment and other goods, a hopeful sign for the struggling manufacturing sector.

Lucia Mutikani | Reuters
August 4, 2015

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