Stocks turn lower as optimism about jobs fades
Stocks rebounded Friday on a report that the U.S. added more jobs than expected during July, but quickly retreated.
Economic Recovery
Articles
U.S. jobless rate dips as economy adds 117,000 jobs
Hiring picked up slightly in July and the unemployment rate dipped to 9.1 percent, an optimistic sign after the worst day on Wall Street in nearly three years.
Indianapolis-based banks struggle to emerge from slump
Indiana regional banks and national institutions are faring better, a possible indication that Indianapolis’ economy isn’t recovering as quickly as expected.
Small biz outlook: All doom and gloom?
The National Small Business Association’s 2011 Mid-Year Economic Report, released Wednesday, shows that small-business owners are losing confidence in an economic recovery.
Economy growing at slowest pace since recession
The economy expanded at a meager 1.3-percent annual rate in the spring after scarcely growing at all in the first three months of the year, the Commerce Department said Friday. The combined growth for the first six months of the year was the weakest since the recession ended two years ago.
Unemployment applications jump by most in a month
The number of people who applied for unemployment benefits last week rose by the most in a month, signaling growing weakness in the job market.
Economic indicators signal lower prices ahead
Consumers are spending cautiously in the face of still-high gasoline and grocery-store prices, slowing economic growth. But some relief could be on the way.
Unemployment aid applications stuck at high level
The number of people seeking unemployment benefits hardly changed for a second straight week, stuck at a high level that points to a slowing job market.
State’s jobless rate falls again, to 8.2 percent
Despite a decrease in private sector jobs, Indiana’s unemployment rate in April dropped 0.3 percentage points, to 8.2 percent, the lowest it’s been since December 2008.
Regional banks targeting midsize companies in Indiana
Improved economy, loosening credit standards are driving increased lending.
Economy adds 244,000 jobs, but unemployment rate ticks up
The job gains were widespread. Retailers, factories, financial companies, education and health care and even construction companies all added jobs. Federal, state and local governments cut jobs.
MARCUS: The recovery is over … or maybe not
The recession in Indiana and the nation lasted only three quarters. But the Hoosier recovery took six quarters.
Inflation worries push consumer confidence lower
Shoppers' worries about juggling rising gas and food prices and other household costs pushed the Consumer Confidence Index down sharply in March.
Economist: U.S. recovery ‘turning a corner’
Manufacturing growth will continue to lead an economic recovery in the United States, predicted PNC Financial Services Group senior economist Robert Dye, in town Wednesday to deliver his forecast at Meridian Hills Country Club.
Wholesale prices jump on steep rise in food costs
Wholesale prices jumped last month by the most in nearly two years due to higher energy costs and the biggest rise in food prices in 36 years.
U.S. unemployment rate drops to 8.9 percent
The unemployment rate has been falling for three months, down from 9.8 percent in November, marking the sharpest three-month decline since 1983.
Manufacturing growing at fastest pace in 7 years
U.S. manufacturers expanded at the fastest pace in nearly 7 years last month, as factories continue to boost economic growth.
Tax cut lifts incomes, but spending barely rises
Consumers increased spending 0.2 percent in January, the smallest gain since June, the Commerce Department reported Monday. Personal incomes jumped 1 percent, reflecting the 2 percentage point reduction from the Social Security tax cut.
Consumer confidence hits 3-year high this month
The Consumer Confidence Index rose in February to its highest point in three years as consumers are feeling more positive about their income prospects and the direction the economy is headed.
HICKS: Deciphering economy a confusing pursuit
A casual observer of news about economic indicators has more than enough reason to be puzzled.