Martin Crutsinger

Government, Business

US Wholesale Prices Fall 0.6%, Biggest Decline in Five Years

Workers load containers of nectarines Workers load large containers of nectarines for sorting at Eastern ProPak Farmers Cooperative in Glassboro, N.J. (Mel Evans/Associated Press)

WASHINGTON — U.S. wholesale prices fell 0.6% in February, the biggest decline in five years, led by a sharp drop in energy costs.

Martin Crutsinger | Associated Press
March 12, 2020
Government, Business

US Construction Spending Up 1.8% in January to Record Level

Construction worker Construction workers in Boston's Seaport district in November. (Steven Senne/Associated Press)

WASHINGTON — Spending on U.S. construction projects rose to an all-time high in January, helped by strong gains for home construction and government building projects.

Martin Crutsinger | Associated Press
March 2, 2020
Government, Business

Consumer Confidence Rises Slightly to 130.7 in February

Mall shoppers Mall shoppers in West Des Moines, Iowa, by Andrew Harnik/AP

WASHINGTON — U.S. consumer confidence improved slightly in February, rising to a reading of 130.7, the highest point since August.

Martin Crutsinger | Associated Press
February 25, 2020
Business, Equipment

Orders for US Durable Goods Advance 2.4% in December

Unsold Clubman SUVs sit at a Mini dealership in Colorado in August 2019. A line of unsold Clubman SUVs sit at a Mini dealership in Colorado in August 2019. Orders for motor vehicles and parts dipped 0.9% in December. (David Zalubowski/Associated Press)

Orders to U.S. factories for big-ticket manufactured goods rose in December as a big jump in demand for military aircraft offset a sharp decline in commercial aircraft that reflected Boeing’s continued problems with its 737 Max.

Martin Crutsinger | Associated Press
January 28, 2020
Government, Business

Employers Post Fewer Jobs in November

Employment sign Lynne Sladky/AP

WASHINGTON — The number of available jobs fell sharply in November, dropping to 6.8 million, a decline of 7.6% from the October level.

Martin Crutsinger | Associated Press
January 17, 2020
Government, Business

US Budget Deficit Running 11.8% Higher This Year

U.S. Capitol U.S. Capitol by Carolyn Kaster/AP

The U.S. budget deficit through the first three months of this budget year is up 11.8% from the same period a year ago, putting the country on track to record its first $1 trillion deficit in eight years.

Martin Crutsinger | Associated Press
January 13, 2020
Government, Business

Trade Deficit Falls 8.2% to $43.1 Billion in November

Cargo ship at the Port of Los Angeles Cargo ship at the Port of Los Angeles by Marcio Jose Sanchez/AP

WASHINGTON — The U.S. trade deficit fell in November to the lowest level in more than three years as U.S. exports rose while imports declined, putting the country on track to see the first annual decline in the trade deficit in six years.

Martin Crutsinger | Associated Press
January 7, 2020
Government, Business

US Trade Deficit Falls to $52.5 Billion in September

US Trade defecit Workers stand in front of coils of steel wire at a depot on the outskirts of Shanghai. (Qilai Shen/Bloomberg News)

The U.S. trade deficit fell in September to the lowest level in five months as imports dropped more sharply than exports and America ran a rare surplus in petroleum.

Martin Crutsinger | Associated Press
November 5, 2019
Government, Business

Economy Grows at Modest 1.9% Rate in Third Quarter

containership Kota Ekspres The containership Kota Ekspres is unloaded at the Port of Oakland. (Ben Margot/AP)

WASHINGTON — The U.S. economy slowed to a modest growth rate of 1.9% in the summer as consumer spending downshifted and businesses continued to trim their investments in response to trade war uncertainty and a weakening global economy.

Martin Crutsinger | Associated Press
October 30, 2019
Government, Business

Consumer Confidence Falls for Third Consecutive Month

Appliance shoppers Shoppers look at refrigerators at a Home Depot in Boston. (Steven Senne/AP)

WASHINGTON — U.S. consumer confidence has fallen for a third consecutive month as optimism about job prospects and business conditions down the road grow weaker.

Martin Crutsinger | Associated Press
October 29, 2019

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