Other News

U.S. Trade Deficit Widened in December

The U.S. trade deficit widened by 6 percent in December, adding up to a record-high annual trade gap with China. The trade gap with China lessened by 19.1 percent in December to $20.7 billion. But the total annual deficit last year added up to the largest deficit the U.S. ever […]

New Jobless Claims Drop Below 400,000

Initial jobless claims fell last week to the lowest level since July 2008. In the week that ended on February 5th, new applications for unemployment insurance totaled 383,000, a decrease of 36,000 from the previous week’s 419,000, according to the Department of Labor.  This drop in claims far exceeded expectations […]

Tracking the economy

Welcome to CUNYontheEconomy where you can get a complete update on the latest economic indicators and what they mean for the U.S. economy. The writers are business reporting students and the CUNY J School and you can tell them whether you agree or disagree with their views by sending e-mails […]