U.S. economic growth slowed in fourth quarter
The gross domestic product grew at an annual rate of just 1.9 percent in the October-December period, a slowdown from 3.5 percent growth in the third quarter, the Commerce Department reported Friday.
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IMF boosts growth forecast for United States, cites Trump impact
The 189-nation global lending agency's latest economic outlook took note of the significant impact Trump's election has already had in giving a boost to U.S. stock prices, interest rates and the dollar.
U.S. unemployment rate ticks up to 4.7 percent
Though the unemployment rate rose to 4.7 percent from a nine-year low of 4.6 percent, it did so for an encouraging reason: More people began looking for work.
U.S. consumer confidence hits 15-year high
American households are expecting a Donald Trump administration to deliver. They are more upbeat about the prospects for the economy, labor market and their incomes, the Conference Board said.
U.S. factory production drops for first time in three months
American manufacturing is barely expanding as global demand and domestic business investment remain uninspiring.
Economists predict improved, but still slow, economy in 2017
The median estimate from economists surveyed by the National Association for Business Economics calls for the American economy to grow 2.2 percent in 2017.
Firms’ infatuation with buybacks creating economic drag
Investment strategist Jeff Korzenik said executives often have an incentive to buy back stock rather than using that cash to make capital expenditures.
IU experts predict another lackluster year for economy in 2017
Indiana University Kelley School of Business economists expect economic growth nationally next year to average only slightly above 2 percent. But that might be optimistic, they added.
PNC survey finds business owners are optimistic
Small and midsize business owners in Indiana expect the state’s economy will continue to grow at a slow and steady pace, even though they are dissatisfied with the economic plans of both presidential candidates, according to newly released data.
U.S. unemployment rate rises to 5 percent
U.S. employers added 156,000 jobs in September, a decent gain that reflects a steady economy but also a sign that hiring has slowed significantly from last year.
U.S. consumer prices tick up on medical care costs
Over the past 12 months, core inflation is up 2.3 percent but overall inflation has risen a more moderate 1.1 percent, well below the Federal Reserve's 2 percent target for annual increases in inflation.
Flurry of tepid economic data could lead Fed to delay hike
U.S. factory output fell, consumers cut back at retailers and wholesale prices went nowhere in August, the latest evidence of a less-than-robust economy.
Americans see first significant income hike since 2007
Median U.S. household income rose 5.2 percent in 2015 following seven years of stagnant incomes. It remains 2.4 percent below the peak it reached in 1999.
Economists: Growth expected for at least 2 more years
Business economists still think the economy will continue to grow, but they again have scaled back their expectations for just how much.
U.S. job openings jump to record high in mixed signal to Fed
American employers advertised a record number of open jobs in July, a sign hiring may stay healthy despite a slowdown last month.
U.S. hiring slows, making Fed rate hike less likely
U.S. employers slowed their hiring in August to a modest 151,000 jobs and barely raised wages.
U.S. consumer confidence hits 11-month high
U.S. consumer confidence rose in August to its highest level in 11 months, suggesting economic growth could pick up in the second half of the year.
U.S. consumer spending posts slower growth in July
Economists are counting on solid gains in consumer spending, which accounts for 70 percent of economic activity, to power overall growth in the second half of the year.
Second quarter U.S. GDP growth revised downward
The U.S. economy expanded at a sluggish 1.1 percent pace this spring as businesses sharply reduced their stockpiles of goods and spent less on new buildings and equipment.
U.S. adds a 255K jobs; unemployment rate stays 4.9 percent
U.S. employers added a healthy 255,000 jobs in July, but an influx of job seekers meant that the number of unemployed fell only slightly.