At 51.5 the purchasing manager’s composite index (PMI) rose 3.83 percent since August 2012 remaining 1.90 percent below the level seen a year earlier, according to the Institute for Supply Management.
When it comes to tax reform, there is a lot of common ground, but still many differences, between Romney's approach and Obama's approach, Rogers writes.
Total construction spending declined in August 2012 while single family residential construction spending improved, according to the latest data from the US Census Bureau.
Americans could face an average tax hike of almost $3,500 in 2013 if Congress goes over the fiscal cliff, Gleckman writes. The looming fiscal cliff poses a major threat for the US economy.
With the first presidential debate on Wednesday and a crucial jobs report on Friday, it's a big week ahead for Obama and Romney. Reich argues that the jobs report will be the biggest election news of the week.
As housing prices recover, short sales have become an increasingly popular escape route for indebted homeowners. But the future of short sales depends on a tax cut extension from Congress that may or may not come, and realtors argue that housing prices haven't rebounded enough for many homeowners to afford their debt forgiveness as a tax.
When you commit to someone, you don’t commit to being a lesser or greater part of the relationship, and the same should apply to your pocketbook, Hamm writes.
The British economy is experiencing its worst spell since the 1930s, but unemployment has been relatively moderate. The cause? Low productivity.
Some Nissan Leaf drivers are returning their vehicles for a full refund, citing reduced range and battery power. But Nissan insists that such problems are rare, and that Leaf owners are among the country's most satisfied car owners.
To rent or own, that is the question posed by the burgeoning sharing economy. For a growing population engaged in this high-tech, low-cost 'collaborative economy,' access to cars, clothes, cuisine – or even a cat – is better than ownership.
These 20 timeless childhood toys, from Barbies to LEGOs, were chosen by visitors and fans at the Children's Museum of Indianapolis as the cream of the crop. Which toy took the top spot?
More than two-thirds of Americans are living paycheck to paycheck, meaning the financial ground they're standing on is incredibly shaky. Here's how to break the cycle and
A shiny new car, fancy clothes, and a big house might indicate success to the outside world. But 'internal' financial success – being debt free with a rewarding job, for instance – will lead to greater security and happiness in the long run.