Hot U.S. job market coaxing people in from sidelines
A surprisingly strong burst of job growth over the past year has led many economists to wonder: Where are all the workers coming from?
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Hot U.S. job market coaxing people in from sidelines
A surprisingly strong burst of job growth over the past year has led many economists to wonder: Where are all the workers coming from?
U.S. economic growth slows to 2.6 percent rate
The current expansion, now in its 10th year, is the second longest in U.S. history. But it has featured the weakest annual growth rates of any recovery in the post-World War II period.
Fed’s Powell predicts solid but slower growth in 2019
In delivering the Fed’s semiannual monetary report to Congress, Powell said the Fed will be “patient” in determining when to boost its benchmark policy rate in light of the various “crosscurrents and conflicting signals.”
Business economist group sees recession likely by 2021
Roughly half of the member economists in the National Association for Business Economics say they think the U.S. economy will slip into recession by the end of next year.
U.S. employers add robust 304K jobs as expansion hits record length
U.S. employers shrugged off last month's partial government shutdown and engaged in a burst of hiring in January.
Economy likely to pick up, though pain may linger for some
S&P Global Ratings estimates that the economy lost $6 billion because of the government closure—a sizable but relatively negligible sum in a $19 trillion-plus U.S. economy.
U.S. employers added whopping 312,000 jobs in December
U.S. employers dramatically stepped up their hiring in December in an encouraging display of strength for an economy. And average hourly pay improved 3.2 percent from a year ago.
U.S. consumer confidence slips amid volatile stock market
U.S. consumer confidence tumbled this month, but consumer spirits are still high by historic standards.
Business publication predicts 3.2 percent growth in Indiana in 2019
Indiana Business Review indicated that history suggests a decade-long U.S. and Indiana economic expansion may be coming to an end of its natural cycle.
State unemployment rate ticks up to 3.6 percent
The national unemployment rate for November was 3.7 percent. With the exception of one month when it was equal, Indiana’s unemployment rate has been below the U.S. rate for more than five years.
U.S. economy grew at 3.4 percent rate in third quarter
Economists believe that economic growth is slowing in the fourth quarter to around 2.5 percent. For the full year, GDP growth is projected to top 3 percent — the best showing since 2005.
U.S. job vacancies rise, exceed unemployed by 1 million
The number of openings is the second-highest on record, reinforcing the view that the trend of employment is strong.
U.S. hiring slows to 155K jobs; jobless rate remains at 3.7 percent
The jobs figure was less than many economists forecast, but few saw the report as a sign of a broader slowdown.
U.S. productivity shows 2.3 percent increase in third quarter
The increase was slower than the previous quarter but still an improvement over the weak annual gains of the past decade.
Commerce Department confirms 3.5 percent GDP growth in third quarter
The U.S. economy expanded at a solid 3.5 percent annual rate in the July-September quarter, led by lower but still strong consumer spending and more business investment than previously estimated.
U.S. durable goods orders show worst decline in 15 months
The Commerce Department said Wednesday that orders to U.S. factories for big-ticket manufactured goods dropped 4.4 percent last month.
Worst day of an awful year leaves no corner of market unscathed
One of the toughest years for financial markets in half a century got appreciably worse Tuesday, with simmering weakness across assets boiling over to leave investors with virtually nowhere to hide.
U.S. adds robust 250,000 jobs; pay growth fastest since 2009
The last major economic data before Tuesday’s congressional elections also showed that the unemployment rate remained at a five-decade low of 3.7 percent.
U.S. productivity growth ticks down slightly in third quarter
U.S. productivity rose at a slower rate in the third quarter, but the increase was still better than the lackluster gains of the last decade.