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Tag Archives: us economy

Trade! Do Americans Really Have a Bad Deal?

Understanding Americas Trading Relationship with Planet Earth The Rise of the American Economic Empire For those of you who have been living in a cave over the last 18 months, the topic of “unfair,” “bad” and “disastrous” trade deals exploded into the American lexicon through the politicization of free trade agreements that have become popular political fodder. Up until the ...

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US factory orders contracted in February

FILE - This Jan. 7, 2015, file photo, shows factory chimneys near O'Hare International Airport in Chicago. On Monday, April 4, 2016, the Commerce Department reports on U.S. factory orders for February. (AP Photo/Nam Y. Huh, File)

WASHINGTON (AP) — Orders to U.S. factories fell in February for the third time in the past four months. Meanwhile, a key category that tracks business investment plans dropped by the largest amount in two months. Factory orders fell 1.7 percent in February after a 1.2 percent rise in January, the Commerce Department reported Monday. There was weakness in a ...

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US added strong 292K jobs last month; jobless rate at 5 pct.

US added strong 292K jobs last month; jobless rate at 5 pct.

WASHINGTON — American employers added a robust 292,000 jobs in December, suggesting that the U.S. economy is so far defying global weakness and growing solidly. The strong figures underscore the resilience of the United States at a time of financial turmoil stemming from China’s slowing economy and plummeting stock market. Most economists expect U.S. consumer spending to continue to offset ...

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US economy adds healthy 211K jobs; unemployment at 5 pct.

economy, jobs

WASHINGTON — The U.S. economy generated another month of solid hiring in November, making it highly likely that the Federal Reserve will raise interest rates from record lows this month. The Labor Department said Friday that employers added 211,000 jobs, led by big gains in construction and retail. And the government revised up its estimated job growth for September and ...

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Energy industry warns that regulations will negatively impact US economy

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The boom in American and natural gas is helping the U.S. economy and its contributions could substantially increase by the end of the decade, says a study released Wednesday by several major players in the fossil-fuel industry. But that boost, the report warns, comes with a caveat: Regulations on hydraulic fracturing could stifle those gains and push the industry’s economic ...

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