Topic: Joel Naroff
The economy created more jobs than expected – 151,000 – in October, the best showing since May. Jobs are being added in many sectors, including health care, retail, and temp agencies. The unemployment rate, though, still stands at 9.6 percent.
11/05/2010 01:56 pm
The US economy grew 2 percent in the third quarter, the Commerce Department reports. But imports limited the benefit to the GDP from increased consumer and business spending.
10/29/2010 06:05 pm
Intel on Monday announced it was spending up to $8 billion to upgrade factories in Oregon and Arizona, hiring thousands of US workers. Does Intel see something it likes in the US manufacturing market?
10/19/2010 07:28 pm
Unemployment rate watchers noted that summer is traditionally a slow season for hiring, but the economy continues to show signs of slow progress. The unemployment rate stayed at 9.5 percent in a jobs report issued Friday.
08/06/2010 01:52 pm
From Friday's GDP report: Imports are surging. Jobs growth is slowing. Regulators may need to lighten their grip. Until November's midterm elections, politics will color economic reports.
07/30/2010 01:42 pm
Consumer confidence fell almost ten percent in June. The consumer confidence index recorded the biggest drop since February.
06/29/2010 05:38 pm
The average US price of regular gasoline is now $2.75 a gallon, down from $2.87 a month ago. The last time prices at the gas pump fell leading up to Memorial Day was in 2005.
05/28/2010 06:09 pm
The Dow average was up by more than 340 points as of early Monday afternoon. Investors were relieved to see European leaders agree on a Greece debt plan.
05/10/2010 03:29 pm
GDP grew by 3.2 percent in the first quarter, indicating improvement in the US economy. Consumer spending rose by 3.6 percent.
04/30/2010 02:37 pm
The February jobs report showed the unemployment rate steady at 9.7 percent and 36,000 jobs lost. Hiring may get a boost in March.
03/05/2010 12:24 pm