Reade Pickert
U.S. factory gauge signals contraction for third-straight month
WASHINGTON – A gauge of United States manufacturing trailed estimates for October and signaled the sector contracted for a third-straight month, with the weakest...
U.S. hiring resilient with 128,000 gain despite strike, census
WASHINGTON – United States hiring was unexpectedly resilient in October and prior months saw sharp upward revisions, offering hope that the labor market can...
U.S. consumer spending, jobless claims suggest some caution
WASHINGTON – United States consumer spending trailed forecasts in September while weekly applications for unemployment benefits rose more than projected, offering a note of...
Manufacturing is now smallest share of U.S. economy in 72 Years
WASHINGTON – Three years after Donald Trump campaigned for president pledging a factory renaissance, the opposite appears to be happening.
Manufacturing made up 11% of...
Americans are unhappy at work after years of economic gains
WASHINGTON – The economy has added millions of jobs and pay gains have accelerated in recent years, but Americans aren’t crazy about their work.
A poll released...
Job openings in U.S. decline to lowest since March 2018
WASHINGTON – United States job openings unexpectedly declined in August to the lowest level since March 2018, underscoring the slowdown in hiring across American...
Core U.S. producer prices fall most in more than 4 years
WASHINGTON – A measure of underlying United States producer prices posted the biggest monthly drop in more than four years, adding to signs of...
U.S. trade gap with China narrows as exports hit five-month high
WASHINGTON – The United States' merchandise trade deficit with China narrowed in August as exports rose to a five-month high, a possible sign of...
U.S. factory gauge sinks to 10-year low as employment wobbles
WASHINGTON – A measure of United States manufacturing unexpectedly fell deeper into contraction, posting the weakest reading since the end of the last recession...
U.S. economy cools on consumer spending, equipment orders
WASHINGTON – The United States economy cooled in August as Americans spent less than projected and companies cut capital-equipment orders, with below-forecast prices and...
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