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economy

Unemployment Benefits
Feb 27, 2025

Number of Americans filing for unemployment benefits rises to 242,000, highest level in 3 months

Applications for U.S. jobless benefits rose to a three-month high last week but remained within the same healthy range of the past three years.

APTOPIX Trump Inauguration
Jan 23, 2025

Trump’s first executive orders target immigration, international trade and the economy

The Republican president's sweeping actions reflect many of his campaign promises and determination to concentrate executive branch power in the West Wing.

Biden Legacy
Jan 15, 2025

Biden’s big semiconductor law will ramp up US chip production — but at a high cost, report finds

Government subsidies behind the expected chip manufacturing boom mean that each job created will cost taxpayers about $185,000 a year, according to a report.

Economy Jobs Report
Dec 23, 2024

U.S. economy grows at 3.1% pace in third quarter, an upgrade from previous estimate

GDP grew in the third quarter, driven by strong consumer spending and exports.

Economy GDP
Sep 26, 2024

US economy grew at a solid 3% rate last quarter, government says in final estimate

The US economy rebounded strongly last quarter, driven by solid consumer spending and a surge in business investment, particularly in equipment purchases.

IMG_2700
Jul 11, 2024

Economist predicts workforce, financing and demand will be problems for construction

Anirban Basu, a top economist for ABC, shared his insights on Construction Executive.

Job Openings
Jun 5, 2024

US job openings fall to 8.1 million, lowest since 2021, but remain at historically high levels

Layoffs fell and the number of Americans quitting their jobs — a sign of confidence in their prospects — rose in April.

U.S. Economy Jobs Report
Apr 5, 2024

Another month of robust US job growth points to continued economic strength

The U.S. added 300,000 jobs in March, which is more than February's numbers and outperforming economists expectations.

Economy GDP
Feb 28, 2024

US economy grew solid 3.2% in fourth quarter, a slight downgrade from government’s initial estimate

The nation's gross domestic product slipped from 4.9% from July through September, and last quarter GDP numbers were revised after an initial report last month.

Milwaukee skyline
Feb 26, 2024

What recession? Professional forecasters raise expectations for US economy in 2024

Signals show the economy is blasting through recession predictions despite high interest rates and inflation.

Limited Choice
Feb 12, 2024

Less is more? Consumers have fewer choices as brands prune their offerings to focus on best sellers

Some companies are finding that shaving their selection is profitable as they reduce leftovers that need to be discounted.

Election 2024 Economy
Feb 7, 2024

It’s a mismatch on the economy. Even as inflation wanes, voters still worry about getting by

Inflation is easing and unemployment is down, but voters' stories paint a different picture of the economy.

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