Auto sales rose again in February, marking the fourth consecutive month of strong vehicle sales, a leading sign of recovering economy. Light vehicle sales for […]
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Manufacturing surge points to growing economy
Manufacturing expanded in February for the third consecutive month, as the economy overall continued to strengthen. The influential Purchasing Managers Index (PMI) rose to 54.2 […]
Personal income posts biggest plunge in 20 years
Personal income plummeted by the largest margin in 20 years in January, but the decline constitutes a temporary adjustment rather than a long-term trend. The […]
Durable goods orders fell in January, economists optimistic
Orders for durable goods declined in January but the economy has underlying strengths, signaling business spending is on the rise. Durable goods did better than […]
Rising Home Prices Suggest Hope for Economy
It was a banner year for home prices: 2012 finished with higher-than-expected home values across the United States, shedding positive light on the overall state […]
Prices Stable, But Spending Woes Will Continue
Prices may not be rising, but consumers aren’t likely to be buying because they are already feeling the effect of higher gasoline prices. Consumer prices […]
Home Sales Strong at Start of Year
Existing home sales rose steadily in January in most of the country and left the supply of homes at a 13-year low, signaling the housing […]
Retail Sales Slow In January
New taxes and higher gas prices forced Americans to cut down on shopping and dining out in January, putting a damper on growth in retail […]
Roadmap for a Shecovery
By Shannon Firth When Patricia Dyett’s unemployment benefits ended last year, she knew she needed to find work fast. Already behind on her rent, she […]
U.S. Auto Industry Heads Green; But With Difficulty
Joseph Alfords, a North Carolina resident, says his 80 minutes, 44 miles daily commute has been putting a pinch on his pocketbook. So he traded […]