The U.S. economy grew last year at the fastest pace since Ronald Reagan's presidency, bouncing back with resilience from 2020's brief but devastating coronavirus recession.

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U.S. economic activity "downshifted" in July and August due to rising concerns about COVID's delta variant, as well as supply chain problems and labor shortages, the Federal Reserve's latest survey of the nation's business conditions revealed.

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U.S. employers added 559,000 jobs in May, an improvement from the sluggish gain seen in April but still evidence that many companies are struggling to find enough workers as the economy rapidly recovers from the pandemic recession.

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A survey of supply managers in a nine-state region of the Midwest and Plains is showing more signs of the coronavirus pandemic's disruptive economic effects.

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Wisconsin's economy should remain in good shape and a solid year of lending is expected in 2020, according to a survey of state bank executives.

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She tugged 13 envelopes from a cabinet above the stove, each one labeled with a different debt: the house payment, the student loans, the vacuum cleaner she bought on credit.

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Dozens of FedEx jets queue up for takeoff at the airport here. Beale Street, the heart of the music district, hums with tourists. Yet the empty storefronts in Memphis' moribund downtown and the cash-advance shops strewn near its highways tell another story.

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Americans are of two minds about the economy in the midst of an election race that largely hinges on the issue. They are strikingly pessimistic about the national economy yet comparatively upbeat about their own financial circumstances.

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Steady hiring is supposed to fire up economic growth. Cheap gasoline is supposed to power consumer spending. Falling unemployment is supposed to boost wages. Low mortgage rates are supposed to spur home buying. America's economic might is supposed to benefit its workers. Yet all those common assumptions about how an economy thrives appear to have broken down during the first three months of 2015.

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Construction companies hired fewer workers in November than in October, pushing the percentage of job openings to its highest level since April 2007.

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