The U.S. trade gap narrowed in February as oil imports fell to their lowest level since March 1996 while exports increased slightly, the Commerce Department […]
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Renting the American Dream
Two months ago, after Terri Olson’s husband was offered a new job, the couple and their two children moved from Chicago to a suburban neighborhood […]
Labor Shortages in Residential Construction
As the housing market shows signs of recovery and inventory remains low, the demand for new homes is bustling. But there’s one problem – builders […]
Auto Sales March Ahead
Auto sales surged again in March, delivering the best monthly performance in the last five years. Light vehicle sales for March totaled 1.45 million, an […]
Manufacturing keeps growing, with hiccups
Manufacturing grew more slowly than expected in March — a reminder of an uneven recovery, but a recovery nonetheless. The influential Purchasing Managers Index (PMI) […]
Job growth helps spur personal income, consumer spending resurgence
Personal income rebounded in February after a dismal January, rising faster than expected despite tax hikes and looming federal budget cuts. Buoyed by strong employment […]
Durable goods orders increase due to demand for aircraft
Manufacturing activity will continue to grow in the January to March quarter, with February durable goods orders clocking in with the biggest increase in the […]
High Hopes for January Home Prices
If December home prices were higher than expected, January numbers are shaping up to be even stronger. Economists predict a median 7.85 increase in the […]
Existing Home Sales Reach Three-Year High
Existing homes sales ticked up in February to the highest rate in three years, another sign that the housing market is recovering. The seasonally adjusted […]
If signed, the US-EU FTA might not benefit agriculture in the United States
Chlorine-washed poultry, hormone-fed cattle and genetically modified foods–everyday products in the US— are nowhere to be found in Europe. These cultural differences could torpedo negotiations […]