Capital Economics

(AP Photo)

US consumer spending, income jump in February

WASHINGTON (AP) — U.S. consumers stepped up spending in February after their income jumped, aided by a stronger job market that offset some of the drag from higher taxes.

03/29/2013

(AP Photo)

US adds 236K jobs, unemployment falls to 7.7 percent

WASHINGTON (AP) — A burst of hiring last month added 236,000 U.S. jobs and reduced the unemployment rate to 7.7 percent from 7.9 percent in January. The robust gains suggested that the economy can strengthen further despite higher taxes and government spending cuts.

03/08/2013

US retail sales up 1.1 percent in September

WASHINGTON (AP) – Americans stepped up their spending at retail businesses in September, reflecting higher consumer confidence. The increase was driven by another strong month of auto sales and the release of the iPhone5. Retail […]

10/15/2012

US service firms grew at faster pace in August

WASHINGTON (AP) – U.S. service companies grew at a faster pace in August than July, further evidence that the economy may be improving. The Institute for Supply Management says that its index of non-manufacturing activity […]

09/06/2012

Analysts say jobs numbers should ease recession concerns

(AP) – Today’s jobs numbers are seen as an indication that the U.S. economy might be resilient enough to pull out of a midyear slump and grow modestly as the rest of the world slows […]

08/03/2012

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