Published: February 18, 2010
Tags: BMO Capital Markets, Conference Board, Decision Economics, High Frequency Economics, jobs, leading economic indicators, recession, unemployment, unemployment claims
By Daniel Wagner and Martin Crutsinger
AP Business Writers
Washington — Layoffs aren’t slowing as fast as some analysts had expected.
That was the message Thursday in a government report that the number of people filing first-time claims for unemployment benefits rose unexpectedly last week. Jobless claims rose by 31,000 to a seasonally adjusted 473,000.
The increase followed a [...]
Published: February 11, 2010
Tags: blog, Construction, Hot Topics, jobs, recession, unemployment, Yovino
By Joe Yovino
web editor
Have you ever waited for something so long the wait actually becomes the something?
Published: February 11, 2010
Tags: Department of Revenue, jobs, personal income, recession, unemployment
MADISON, Wis. (AP) — A new economic forecast predicts Wisconsin will begin adding jobs this spring but employment won’t reach pre-recession levels until the end of 2012.
According to a Department of Revenue report, even though jobs will be added this year, total employment will still be down 0.7 percent compared with 2009. The recession that [...]
Published: February 10, 2010
Tags: Bernanke, economic recovery, Fed, federal funds rate, Federal Reserve, House Financial Services Committee, prime rate, recession, stimulus
By Jeannine Aversa
AP Economics Writer
Washington — Federal Reserve Chairman Ben Bernanke began Wednesday to outline the central bank’s strategy for reeling in stimulus money once the economic recovery is more firmly rooted.
Bernanke said the Fed will likely start to tighten credit by boosting the interest rate it pays banks on money they leave at the [...]
Published: February 5, 2010
Tags: jobs, Labor Department, recession, unemployment
By CHRISTOPHER S. RUGABER
AP Economics Writer
WASHINGTON (AP) — The unemployment rate dropped unexpectedly in January to 9.7 percent from 10 percent while employers shed 20,000 jobs, the government said Friday.
The rate dropped because a survey of households found the number of employed Americans rose by 541,000, the Labor Department said. The job losses are calculated [...]
Published: February 1, 2010
Tags: Commerce Department, consumer, personal income, recession, spending
By CHRISTOPHER S. RUGABER
AP Economics Writer
WASHINGTON (AP) — Personal incomes rose more than expected in December and consumer spending increased for the third straight month, helping the economy slowly recover from the worst recession in decades.
The Commerce Department said Monday that incomes rose by 0.4 percent, the sixth increase in a row. That’s slightly better [...]
Published: January 22, 2010
Tags: Burlington Northern Santa Fe Corp., coal, Construction, CSX Corp., demand, economy, industry, products, railroad, recession, recovery, shipments, shipping, transport, Union Pacific Corp.
Comments: 1
By Josh Funk
AP Business Writer
Omaha, Neb. — The nation’s railroad operators expect a tepid recovery for the U.S. economy in 2010, as both businesses and consumers continue to wrestle with the effects of the recession.
The severe economic slump cut shipping demand for the railroads because American consumers and industries have been buying fewer of the [...]
Published: January 21, 2010
Tags: economy, green energy, jobs, recession, Senate
MADISON, Wis. (AP) — The state Senate has passed a Democratic plan to create jobs and boost the economy.
The measure would expand tax credits for angel and venture capital investment, boost grant money for business expansion and startups and increase partnerships between businesses and the University of Wisconsin. It also would expand programs for worker [...]
Published: January 20, 2010
Tags: building permits, Commerce Department, new homes, recession, tax credit
By ALAN ZIBEL
AP Real Estate Writer
WASHINGTON (AP) — Construction of new homes dipped unexpectedly last month as bad weather hit much of the country. Applications for future projects, however, soared in a sign the industry is ramping up after a debilitating bust.
The Commerce Department said Wednesday construction of new homes and apartments fell 4 percent [...]
By MARTIN CRUTSINGER
AP Economics Writer
WASHINGTON (AP) — Consumer inflation was tame in 2009, with prices rising 2.7 percent. Yet families felt squeezed as their spending power sank in the face of falling wages, job losses and higher prices for energy, medical care and education.
A surge in energy prices last year offset the biggest drop in [...]
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