Wednesday, October 5, 2022

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Martin Crutsinger

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U.S. economy up 6.4% in Q1 with stronger future gains expected

WASHINGTON (AP) – The United States economy grew at a solid 6.4% annualized rate in the first three months of this year, setting the...

Record rise in U.S. wholesale prices over the past year

WASHINGTON (AP) – Wholesale prices, driven by rising food costs, increased 0.8% in May and by a unprecedented amount over the past year as...

U.S. trade deficit hits record $74.4 billion in March

WASHINGTON (AP) – The United States trade deficit surged to a record $74.4 billion in March as an improving U.S. economy drove purchases of imported...

U.S. economy accelerated at a robust 6.4% rate last quarter

WASHINGTON (AP) – Powered by consumers, the United States economy grew at a brisk 6.4% annual rate last quarter – a show of strength...

Survey: Business economists more optimistic about U.S. growth

WASHINGTON (AP) – The accelerated rollout of COVID-19 vaccines, along with the Biden administration's rescue aid policies, have brightened the outlook for the United...

U.S. new home sales surged 20.7% in March to 1.02 million

WASHINGTON (AP) – Sales of new homes surged 20.7% in March to the highest level since 2006, rebounding from a sharp decline the previous...
THE INSTITUTE FOR SUPPLY MANAGEMENT The Institute for Supply, an association of purchasing managers, reported that its manufacturing index climbed to 60.8 in February from 58.72 in January. / AP FILE PHOTO/AMR ALIFKY

U.S. manufacturing activity jumps to 3-year high in February

WASHINGTON (AP) – United States manufacturing expanded in February at the fastest pace three years with the arrival of a surge in new orders. The...
U.S. CONSUMER SPENDING increased by 2.4% in January. /AP FILE PHOTO/MARK LENNIHAN

U.S. consumers rebound to boost spending 2.4% as income jumps

WASHINGTON (AP) – Bouncing back from months of retrenchment, America's consumers stepped up their spending by a solid 2.4% in January in a sign...

U.S. economy shrank 3.5% in 2020 after growing 4% last quarter

WASHINGTON (AP) – Stuck in the grip of a viral pandemic, the United States economy grew at a 4% annual rate in the final...

U.S. consumer confidence rebounds in January

WASHINGTON (AP) – United States consumer confidence rose in January as Americans became more optimistic about the future. The Conference Board reported Tuesday that its...
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