Published: September 2, 2010
Tags: CAT, economy, jobs, Labor Department, unemployment
By CHRISTOPHER S. RUGABER
AP Economics Writer
WASHINGTON (AP) — A weak economy got a little lift Thursday with new data suggesting companies aren’t pursuing mass layoffs and stores are a little busier.
New applications for unemployment benefits declined for a second straight week after rising in the previous three, and more people signed contracts to buy homes.
Economists [...]
Published: August 30, 2010
Tags: economy, Federal Reserve, jobs, National Association for Business Economics, Point Loma Nazarene University, stimulus
By Anne D’Innocenzio
AP Business Writer
New York — Economists are satisfied with the Federal Reserve’s interest rate policy, but they’re divided over how the central bank should proceed over the next 12 months, a new survey finds.
The latest semiannual survey by the National Association for Business Economics also showed that economists are divided over how the [...]
Published: August 27, 2010
Tags: economy, Fed, home builders, housing starts, jobs, mortgage, recession
By ALAN ZIBEL and
CHRISTOPHER S. RUGABER
AP Business Writers
WASHINGTON (AP) — The jobs crisis is putting more Americans at risk of losing their homes.
One in 10 households has missed at least one mortgage payment, and more than 2 million homes have been repossessed since the recession began. Few expect the outlook to improve until companies [...]
Published: August 25, 2010
Tags: Beloit, economy, jobs, Racine, unemployment
MADISON, Wis. (AP) — Beloit and Racine continue to struggle with the highest unemployment of any Wisconsin city.
Figures released Wednesday by the state Department of Commerce show that in July Beloit leads all cities with 15.9 percent unemployment and Racine is second at 14.5 percent.
However, both cities had improved from their rates in June and [...]
Published: August 25, 2010
Tags: Commerce Department, economy, jobs, new home sales, recession
By ALAN ZIBEL and DANIEL WAGNER
AP Business Writers
WASHINGTON (AP) — The economic recovery appears to be stalling as companies cut back last month on their investments in equipment and machines and Americans bought new homes at the weakest pace in decades.
Overall orders for big-ticket manufactured goods increased 0.3 percent in July, the Commerce Department [...]
Published: August 17, 2010
Tags: builders, building permits, Commerce Department, economy, home builders, housing market, Labor Department, National Association of Home Builders, recession
By
MARTIN CRUTSINGER
AP Economics Writer
WASHINGTON (AP) — A weak housing market received a tiny boost from apartment construction last month. But the overall outlook remained dim as applications for building permits fell to the lowest level in 14 months.
Construction of new homes and apartments rose 1.7 percent last month, the Commerce Department said Tuesday. Driving [...]
Published: August 12, 2010
Tags: economy, jobless benefits, jobs, recession, unemployment
By
CHRISTOPHER S. RUGABER
AP Economics Writer
WASHINGTON (AP) — The employment picture is looking bleaker as applications for jobless benefits rose last week to the highest level in almost six months.
It’s a sign that hiring is weak and employers are still cutting their staffs.
First-time claims for jobless benefits edged up by 2,000 to a seasonally adjusted [...]
Published: August 6, 2010
Tags: economy, jobs, unemployment
By CHRISTOPHER S. RUGABER
AP Economics Writer
WASHINGTON (AP) — Companies showed a lack of confidence about hiring for a third straight month in July, making it likely the economy will grow more slowly the rest of the year. The unemployment rate was unchanged at 9.5 percent.
Private employers added a net total of only 71,000 jobs in [...]
Published: August 5, 2010
Tags: Cypress Bioscience, economy, HSBC Securities, Labor Department, stimulus, tax credit, unemployment
By CHRISTOPHER S. RUGABER
AP Economics Writer
WASHINGTON (AP) — Initial requests for jobless benefits rose last week to their highest level since April, a sign that hiring remains weak and some companies are still cutting workers.
The Labor Department said Thursday that new claims for unemployment insurance rose by 19,000 to a seasonally adjusted 479,000. Analysts had [...]
Published: August 3, 2010
Tags: Capital Economics, Commerce Department, consumer spending, economy, Fed, Federal Reserve, income, inflation, jobs, recession, unemployment
By MARTIN CRUTSINGER
AP Economics Writer
WASHINGTON (AP) — Consumers did not boost their spending in June and their incomes failed to increase, further evidence that the economic recovery slowed in the spring. And Americans saved at the highest rate in nearly a year.
Personal spending was unchanged in June, the Commerce Department reported Tuesday. It was the [...]
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