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 […]
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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 […]
For a food manufacturing rebound, turn to organic
Since the Great Recession, health technologist Fannie Boykins has cut back on her spending. But she continues to buy her groceries from an organic supermarket […]
More manufacturing jobs as strength builds in aviation industry
With its extra-large windows and dynamic lighting, several of Boeing’s much-hyped 787 Dreamliners had just begun flying passengers when the planes were grounded in January […]
Portsmouth Naval Shipyard prepares for sequester-related furloughs
The workers at the Portsmouth Naval Shipyard in Kittery, Maine, will soon be furloughed one day a week for the next six months as the […]
Rising Costs Hurt The Retired
Increasing gas prices bumped up inflation last month, and while inflation is not accelerating, energy and medical costs are hurting retired seniors. Consumer prices rose […]
February Retail Numbers Up In Spite of New Taxes
Americans increased spending in February despite new taxes and continued uncertainty in Washington over budget cuts. Retail spending for February rose 1.1 percent, exceeding analysts […]