Government, Business

Orders for US Durable Goods Climb 3.4% in January

Orders to U.S. factories for big-ticket goods shot up 3.4% in January, pulled up by surge in orders for civilian aircraft. A category that tracks business investment posted a more modest gain, the Commerce Department reported Feb. 25.

Paul Wiseman | Associated Press
February 25, 2021
Government, Business

Industrial Production Climbs 0.9% in January

WASHINGTON — American industry expanded for the fourth consecutive month in January, but it has yet to return to the level of activity that preceded the pandemic.

Paul Wiseman | Associated Press
February 17, 2021
Government, Business

Trade Deficit Rises to $679 Billion, the Highest Since 2008

WASHINGTON — The U.S. trade deficit rose 17.7% last year to $679 billion, highest since 2008, as the coronavirus disrupted global commerce and confounded President Donald Trump’s attempts to rebalance America’s trade with the rest of the world.

Paul Wiseman | Associated Press
February 5, 2021
Government, Business

US Jobless Claims Rise to 885,000 Amid Resurgence of Virus

The number of Americans applying for unemployment benefits rose again last week to 885,000, the highest weekly total since September.

Paul Wiseman | Associated Press
December 17, 2020
Government, Business

US Trade Deficit Rises 1.7% to $63.1 Billion in October

The U.S. trade deficit widened 1.7% in October to $63.1 billion. The politically sensitive gap in the trade of goods with China and Mexico grew.

Paul Wiseman | Associated Press
December 4, 2020
Government, Business

751,000 Seek US Jobless Benefits as Virus Weighs on Economy

The number of Americans seeking unemployment benefits fell slightly last week to 751,000, a still-historically high level that shows that many employers keep cutting jobs in the face of the accelerating pandemic.

Paul Wiseman | Associated Press
November 5, 2020
Business, Equipment, Logistics

US Industrial Production Up 3%; Factory Output Rises 3.4%

American industry continued to regain ground lost in the coronavirus recession last month, but production remains well below where it was before the pandemic struck.

Paul Wiseman | Associated Press
August 14, 2020
Business, Equipment

Survey: US Factories Sink in May for Third Straight Month

American factories contracted for the third straight month in May as they continued to sustain economic damage from the coronavirus pandemic.

Paul Wiseman | Associated Press
June 1, 2020
Government, Business

US, Global Manufacturing Contracted in March

Manufacturing contracted in the United States and around the world last month, dragged down by economic fallout from the coronavirus outbreak.

Paul Wiseman | Associated Press
April 1, 2020
Government, Business

US Trade Deficit Narrows to $45.3 Billion in January

WASHINGTON — The U.S. trade deficit narrowed in January as exports fell but imports fell more. The politically sensitive trade gap with China widened.

Paul Wiseman | Associated Press
March 6, 2020