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.
Economy
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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.
GDP grew a weak 1.2 percent in second quarter
Growth in the U.S. economy was sluggish again in the spring, dashing expectations for a robust rebound after a tough winter.
Survey: American consumers’ confidence remains steady
The Conference Board said Tuesday that its view of today’s economy rose to the highest level since September, but its outlook for the next six months slipped.
State’s unemployment rate falls to 4.8 percent
The labor force and the number of employed people both hit all-time highs in Indiana in June.
June hiring surge suggests rebounding U.S. economy
The unemployment rate rose in June from 4.7 percent to 4.9 percent. But the uptick occurred mainly for an encouraging reason: More Americans began seeking jobs.
U.S. incomes rise, but top 1 percent gain most
The incomes of households outside the very top tier appear finally to be recovering from the Great Recession.