By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — Another recession isn’t likely over the next 12 months. Neither is any meaningful improvement in the economy. That’s the picture that emerges from an Associated Press survey of leading economists who ...

Tagged with: economy Fed jobs unemployment

By CHRISTOPHER S. RUGABER AP Economics Writer WASHINGTON (AP) — The economy generated a net gain in jobs for the first time in five months in October, as businesses stepped up their painfully slow pace of hiring. But the unemployment ...

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By Paul Wiseman AP Economics Writer Washington — An economy growing 2 percent a year might be tolerable in normal times. Today, it’s a near-disaster. A growth rate of 5 percent or higher is needed to put a major dent ...

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By CHRISTOPHER S. RUGABER AP Economics Writer WASHINGTON (AP) — A wave of government layoffs in September outpaced weak hiring in the private sector, pushing down the nation’s payrolls by a net total of 95,000 jobs. The unemployment rate held ...

Tagged with: economy Fed jobs Labor Department

By ?JEANNINE AVERSA AP Economics Writer WASHINGTON (AP) — The nation’s economic growth tailed off sharply in the spring and probably isn’t faring any better now. The Commerce Department reported Thursday that gross domestic product — the broadest measure of ...

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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 ...

Tagged with: economy Fed home builders housing starts jobs mortgage recession

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 ...

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By ?JEANNINE AVERSA AP Economics Writer WASHINGTON (AP) — The recovery is losing so much momentum that employers are unlikely to step up hiring anytime this year, and unemployment could return to double digits. That was the bleak conclusion of ...

Tagged with: Commerce Department consumer spending economy Fed Federal Reserve jobs recession

By ?STEVE KARNOWSKI Associated Press Writer MINNEAPOLIS (AP) — The economy in the Upper Midwest is strengthening at a moderate pace, with gradual improvement expected to continue into next year, economists with the Federal Reserve Bank of Minneapolis said Wednesday. ...

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By ALAN ZIBEL AP Real Estate Writer WASHINGTON (AP) — Home construction plunged last month and building permits also fell, the latest signs that the construction industry won’t fuel the economic recovery. Builders are scaling back now that government incentives ...

Tagged with: Commerce Department Fed Federal Reserve home sales National Association of Home Builders new-home construction tax credit