Government, Business

Employers Add 253,000 Jobs in April

WASHINGTON — America’s employers added a healthy 253,000 jobs in April, evidence of a labor market that still shows surprising resilience despite rising interest rates and high inflation.

Paul Wiseman | Associated Press
May 5, 2023
Government, Business

Economy Grew at Weak 1.1% Rate in Q1

The U.S. economy slowed sharply from January to March, decelerating to a 1.1% annual pace as higher interest rates hammered the housing market and businesses reduced their inventories.

Paul Wiseman | Associated Press
April 27, 2023
Government, Business

Wholesale Inflation Pressures Eased Sharply in March

WASHINGTON — Wholesale prices fell in March, a sign that inflationary pressures in the economy are easing a year after the Federal Reserve began aggressively raising interest rates.

Paul Wiseman | Associated Press
April 13, 2023
Government, Business

US Adds a Healthy 236,000 Jobs in March

America’s employers added 236,000 jobs in March — 5,700 of them in trucking — suggesting that the economy remains on solid footing despite interest rate hikes designed to tame inflation.

Paul Wiseman | Associated Press
April 7, 2023

Key Inflation Gauge Slowed in February

WASHINGTON — The Federal Reserve’s favored inflation gauge slowed sharply last month, an encouraging sign in the Fed’s effort to cool price pressures through higher interest rates.

Paul Wiseman | Associated Press
March 31, 2023
Government, Business

US Revises Down Last Quarter’s Economic Growth to 2.6% Rate

WASHINGTON — The U.S. economy maintained its resilience from October through December despite rising interest rates, growing at a 2.6% annual pace. 

Paul Wiseman | Associated Press
March 30, 2023
Government, Business

Key Inflation Measure Surges Most Since June

WASHINGTON — The Federal Reserve’s preferred inflation gauge rose in January at its fastest pace since June, an alarming sign that price pressures remain entrenched in the U.S. economy.

Paul Wiseman | Associated Press
February 24, 2023
Government, Business

January Hiring Burst Stuns Economists as Market Adds 517,000 Jobs

The government said Feb. 3 that employers added a sizzling 517,000 jobs last month and that the unemployment rate dipped to 3.4%, the lowest level since 1969.

Paul Wiseman | Associated Press
February 3, 2023
Government, Business

GDP Grew 3.2% in Q3, an Upgrade From Earlier Estimate

Shrugging off rampant inflation and rising interest rates, the U.S. economy grew at an unexpectedly strong 3.2% annual pace from July through September.

Paul Wiseman | Associated Press
December 22, 2022
Government, Business

US Economy Returned to Growth Last Quarter, Expanding 2.6%

The U.S. economy grew at a 2.6% annual rate from July through September, snapping two straight quarters of contraction and overcoming high inflation and interest rates just as voting begins in midterm elections in which the economy’s health has emerged as a paramount issue.

Paul Wiseman | Associated Press
October 27, 2022