Government, Business

Service Firms Grew at Slower Pace in December

WASHINGTON — U.S. service firms grew in December at the slowest pace in five months, a possible indication that various headwinds from turbulent markets to trade tensions could be having an impact on economic activity.

Martin Crutsinger | Associated Press
January 7, 2019
Government, Business

Productivity Rises 2.3% in Third Quarter

WASHINGTON — U.S. productivity grew at an annual rate of 2.3% in the July-September quarter, slower than the previous quarter but still an improvement over the weak annual gains of the past decade. Labor costs rose at a modest pace in the third quarter.

Martin Crutsinger | Associated Press
December 6, 2018
Government, Business

Construction Spending Down 0.1% in October

WASHINGTON — Spending on U.S. construction projections fell 0.1% in October, the third consecutive monthly decline, as weakness in home building and non-residential construction offset a rebound in government projects.

Martin Crutsinger | Associated Press
December 3, 2018
Government, Business

Consumer Spending Rises 0.6% in October

WASHINGTON — Consumers boosted their spending in October at the fastest pace in seven months, while their incomes rose by the largest amount in nine months — both good signs for future economic growth.

Martin Crutsinger | Associated Press
November 29, 2018
Government, Business

Durable Goods Orders Fall 4.4% in October

WASHINGTON — Orders to U.S. factories for big-ticket manufactured goods fell by the largest amount in 15 months with a key category that tracks business investment showing weakness for the third consecutive month.

Martin Crutsinger | Associated Press
November 21, 2018
Government, Business

Fed Leaves Key Rate Unchanged but Sees Hikes Ahead

WASHINGTON — The Federal Reserve has left its key policy rate unchanged but signaled that it plans to keep responding to the strong U.S. economy with more interest rate hikes. The next rate increase is expected in December.

Martin Crutsinger | Associated Press
November 8, 2018
Government, Business

Construction Spending Flat in September

WASHINGTON — Spending on U.S. construction projects essentially was unchanged in September, the weakest showing since June, as an increase in home construction was offset by a slide in spending on government projects.

Martin Crutsinger | Associated Press
November 1, 2018
Government, Business

Productivity Growth Slows to 2.2% Rate in Q3

U.S. productivity grew at an annual rate of 2.2% in the third quarter, a slowdown from the previous quarter but still better than the lackluster gains of the last decade. Labor costs accelerated but remained at a low level.

Martin Crutsinger | Associated Press
November 1, 2018
Government, Business

Retail Sales Gain Weak 0.1% in September

WASHINGTON — U.S. consumer spending edged up a slight 0.1% in September, a disappointing performance in which rebounding auto sales were offset by weakness in other areas.

Martin Crutsinger | Associated Press
October 15, 2018
Government, Business

Consumer Prices Up Mere 0.1% in September

WASHINGTON — Consumer prices edged up a slight 0.1% in September as energy prices retreated after a big gain in August

Martin Crutsinger | Associated Press
October 11, 2018