Sunday, August 7, 2022

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Martin Crutsinger

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U.S. consumer inflation up 6.8% in past year, most since 1982

WASHINGTON (AP) – Prices for U.S. consumers jumped 6.8% in November compared with a year earlier as surging costs for food, energy, housing and...

U.S. GDP slowed sharply in Q3 but big rebound expected in...

WASHINGTON (AP) – The United States economy slowed to a modest annual rate of 2.1% in the July-September quarter according to the government’s second...

U.S. industrial production rebounded 1.6% in October

WASHINGTON (AP) – United States industrial production rebounded in October as automakers, stung by supply chain problems, posted strong increases and the adverse effects...

U.S. trade deficit hits record of $80.9B in September

WASHINGTON (AP) – The United States trade deficit hit an all-time high of $80.9 billion in September as American exports fell sharply while imports,...

U.S. manufacturing growth slows in October

WASHINGTON (AP) – United States manufacturing growth slowed in October amid growing headaches from supply chain bottlenecks and labor shortages. The Institute for Supply Management,...

U.S. consumer spending up a modest 0.6% with inflation high

WASHINGTON (AP) – American consumers slowed their spending to a gain of just 0.6% in September, a cautionary sign for an economy that remains...

U.S. economy slowed to a 2% rate last quarter in face...

WASHINGTON (AP) – Hampered by rising COVID-19 cases and persistent supply shortages, the U.S. economy slowed to a 2% annual rate in the July-September...

Business economists less optimistic about next year’s growth

WASHINGTON (AP) – The nation's business economists are slightly less optimistic about growth prospects over the next year, noting a number of threats ranging...

U.S. wholesale prices rose record 8.6% over 12 months

WASHINGTON (AP) – Inflation at the wholesale level rose 8.6% in September compared to a year ago, the largest advance since the 12-month change...

U.S. trade deficit hits record $73.3 billion in August

WASHINGTON (AP) – The United States trade deficit increased to a record $73.3 billion in August as a small gain in exports was swamped...

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