Tag: U.S. economy
Fewer Americans apply for jobless benefits
WASHINGTON (AP) – Fewer Americans applied for unemployment benefits last week reflecting a low number of layoffs across the economy.
Jobless claims fell by 18,000...
U.S. slightly revises up its GDP estimate for Q4 to 7%
WASHINGTON (AP) – The U.S. economy ended 2021 by expanding at a brisk 7% annual pace from October through December, the government reported Thursday...
There are plenty of jobs, but where are the wages?
The most disappointing feature of the most recent jobs report is that wages did not grow very much, even though the U.S. economy is...
U.S. economy keeps defying the recession odds
It’s impressive how well the U.S. economy has held up during the past year. As early as 2018, leading indicators were suggesting a heightened...
U.S. growth slows to 2.1% as trade tensions weigh on businesses
WASHINGTON – U.S. economic growth slowed in the second quarter by less than forecast as consumer spending topped estimates, though weaker business investment and exports...
U.S. GDP grows below-forecast 2.6% on trade, inventory drags
WASHINGTON – The U.S. economy expanded at a slower-than-projected pace in the fourth quarter on drags from trade and inventories, offsetting strength in consumer spending...
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