Published: June 1, 2010
Tags: Commerce Department, construction spending, economy, spending, stimulus
By MARTIN CRUTSINGER
AP Economics Writer
WASHINGTON (AP) — Construction activity surged in April by the largest amount in nearly a decade. The unexpected gains could mean the hardest-hit sector of the economy is starting to recover.
Construction shot up 2.7 percent last month compared to March, the Commerce Department said Tuesday. It was the biggest one-month improvement [...]
Published: March 1, 2010
Tags: Commerce Department, economy, GDP, income, National Association for Business Economics, spending
By MARTIN CRUTSINGER
AP Economics Writer
WASHINGTON (AP) — Personal spending jumped by a larger amount than expected in January but Americans’ incomes barely budged as millions of Social Security recipients did not get their usual cost of living boost.
The weak income growth could depress spending in the months ahead, acting as a further drag on the [...]
Published: February 11, 2010
Tags: jobless claims, jobs, Labor Department, spending, unemployment
Comments: 1
By CHRISTOPHER S. RUGABER
AP Economics Writer
WASHINGTON (AP) — The number of newly laid-off workers seeking unemployment benefits fell more than expected last week to the lowest total in a month, a sign the job market may be improving.
The Labor Department said that first-time claims for unemployment insurance dropped by 43,000 to a seasonally adjusted 440,000. [...]
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 29, 2010
Tags: Commerce Department, economy, spending
By CHRISTOPHER S. RUGABER
AP Economics Writer
WASHINGTON (AP) — The economy grew faster than expected at the end of last year, though the engine of that growth — companies replenishing stockpiles — is likely to weaken as consumers keep a lid on spending.
The 5.7 percent annual growth rate in the fourth quarter was the fastest pace [...]
Published: January 28, 2010
Tags: budget, candidates, constitution, Doyle, Forestry and Natural Resources, Gottlieb, governor, Holperin, Neumann, Republican, Senate Committee on Transportation, spending, thompson, tourism, Transportation Development Association of Wisconsin, Walker
By Paul Snyder
Wisconsin’s Republican gubernatorial candidates are blasting Gov. Jim Doyle and the state Legislature for failing to fix the state’s transportation spending problems.
Both candidates — Mark Neumann and Milwaukee County Executive Scott Walker — also share the same solution for generating more money for roadwork: Shift money from sales taxes on vehicles and vehicle-related [...]
By MARTIN CRUTSINGER
AP Economics Writer
WASHINGTON (AP) — Personal incomes rose in November at the fastest pace in six months while spending posted a second straight increase, raising hopes that that the recovery from the nation’s deep recession might be gaining momentum.
The Commerce Department said Wednesday that personal incomes were up 0.4 percent in November, helped [...]
MADISON, Wis. (AP) — Wisconsin lawmakers on the Legislature’s budget committee are seeking more information about how billions of dollars in federal stimulus money has been spent.
The committee will hear from a top official in Gov. Jim Doyle’s administration on Thursday who will talk about jobs created and retained under the stimulus.
The committee is also [...]
By JIM ABRAMS
Associated Press Writer
WASHINGTON (AP) — The Senate on Sunday passed a $1.1 trillion spending bill with increased budgets for vast areas of the federal government, including health, education, law enforcement and veterans’ programs.
The more-than-1,000-page package, one of the last essential chores of Congress this year, passed 57-35 and now goes to President Barack [...]
By JEANNINE AVERSA
AP Economics Writer
WASHINGTON (AP) — Consumers got back in the buying mood in October as their incomes grew modestly, an encouraging sign for the budding economic recovery.
The Commerce Department reported Wednesday that consumer spending rose a brisk 0.7 percent last month, following a pullback in September when spending plunged by 0.6 percent.
It was [...]
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