Monday, April 23, 2018
Business
Manufacturing grows for 12th straight month, construction spending edges up

Manufacturing grows for 12th straight month, construction spending edges up

NEW YORK — The manufacturing sector grew in July for the 12th straight month, providing a boost to the slowing economic recovery.

AP analysis: U.S. economic stress heads back up

AP analysis: U.S. economic stress heads back up

After easing for four months, the nation's economic stress worsened in June because more bankruptcies in the West and foreclosures outside the Sun Belt outweighed lower unemployment, according to The Associated Press' monthly analysis of conditions around the country.

Dollar sinks to 8-month low vs yen as growth slows

Dollar sinks to 8-month low vs yen as growth slows

NEW YORK — Weakening U.S. economic growth and worried comments from Federal Reserve officials drove the dollar to an 8-month low Friday against the Japanese yen.

Recovery loses speed as consumers turn cautious

Recovery loses speed as consumers turn cautious

WASHINGTON — The recovery lost momentum in the second quarter as growth slowed to a 2.4 percent pace, its most sluggish showing in nearly a year and too weak to drive down unemployment.

May NAFTA trade posts record gain from previous year

May NAFTA trade posts record gain from previous year

WASHINGTON — Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was 39.5 percent higher in May 2010 than in May 2009, reaching $66.8 billion, according to the Bureau of Transportation Statistics (BTS) of the U.S. Department of Transportation.

New jobless claims fall for 3rd time in 4 weeks, but stay elevated

New jobless claims fall for 3rd time in 4 weeks, but stay elevated

WASHINGTON — New jobless claims fell last week for the third time in four weeks but remain elevated. The decline is a sign that the economy added jobs in July, still not enough to lower the nation's high unemployment rate.

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