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Michelle Jamrisko

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Manufacturing grows at fastest pace since April 2011

WASHINGTON – Manufacturing unexpectedly accelerated in November at the fastest pace in more than two years, pointing to a pickup in business spending that...
JOBLESS CLAIMS in the week ended Nov. 16 dropped by 21,000 to 323,000, the lowest level in almost two months. Economists surveyed by Bloomberg had predicted a drop to 335,000. / BLOOMBERG FILE PHOTO/MICHAEL NAGLE

Claims for jobless benefits fall more than forecast

WASHINGTON – Applications for unemployment benefits in the U.S. declined to the lowest level in almost two months, showing further healing in the labor...
THE INSTITUTE OF SUPPLY MANAGEMENT's non-manufacturing index for October increased to 55.4 over September's index of 54.4. Economists surveyed by Bloomberg had predicted a median index of 54 in the country's service industry sector, which include utilities, retail, health care, housing and finance.

Service industries in U.S. grow at faster pace than forecast

WASHINGTON – Service industries in the U.S. expanded in October at a faster pace than forecast, showing the biggest part of the economy was...
THE INSTITUTE FOR SUPPLY MANAGEMENT announced Friday that its manufacturing index climbed to 56.4 in October, the highest since April 2011 and higher than analysts' expectations. Of the 18 industries covered, 14 reported expansion in October, led by textile mills, the ISM said. / BLOOMBERG FILE PHOTO/TY WRIGHT

Manufacturing expands at faster pace than forecast

WASHINGTON – Manufacturing grew in October at a faster pace than forecast, showing U.S. factories were a source of strength for the economy at...

Delayed Sept. U.S. employment report coming out next week

WASHINGTON - The September U.S. employment figures, delayed by the 16-day partial shutdown of the federal government that ended today, will be issued on...
MANUFACTURING MAKES UP 75 percent of total production in the U.S. In August, industrial production rose by the most in six months, on the back of the strongest automobile sales in almost six years, Bloomberg reported Monday. / BLOOMBERG FILE PHOTO/TY WRIGHT

Industrial production in U.S. rises by most in six months

WASHINGTON - Industrial production rose in August by the most in six months, indicating U.S. manufacturing will contribute more to the expansion. Output at factories,...
IN A SIGN OF CONTINUING strong spending by American consumers, Ford is increasing the production of its midsize Fusion sedan, adding 1,400 jobs at its Flat Rock, Mich., assembly plant. The first Fusion to come off the line on Thursday is celebrated by workers and company executives. / BLOOMBERG NEWS PHOTO/JEFF KOWALSKY

Consumer spending in U.S. rises below forecast on slow wage gain

WASHINGTON - Consumer spending in the United States rose less than forecast in July as income growth slowed, indicating further job gains are needed...
NEW JOBLESS CLAIMS dropped last week to the lowest level since October 2007. / BLOOMBERG FILE PHOTO/JEFF KOWALSKY

Jobless claims in U.S. decline to lowest level since 2007

WASHINGTON -- Claims for jobless benefits unexpectedly dropped last week to the lowest level in almost six years, signaling the U.S. job market continues...
CONSUMER PRICES INCREASED 0.2 percent from June to July.

Consumer prices in U.S. increase, supporting Fed forecast

WASHINGTON -- The cost of living in the U.S. rose in July for a third month, supporting the Federal Reserve’s forecast that inflation will...
THE PRODUCER PRICE INDEX held steady in July, despite economists projecting a rise. / COURTESY U.S. BUREAU OF LABOR STATISTUCS

Producer prices in U.S. little changed as car costs decline

WASHINGTON -- Wholesale prices in the U.S. unexpectedly were little changed in July, reflecting the biggest drop in auto costs in four years. The steady...
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