Economic growth

Job seekers checking out companies at a job fair. (AP Photo/Alan Diaz, File)

1.3 million losing unemployment benefits Saturday

WASHINGTON (AP) — More than 1 million Americans are bracing for a harrowing, post-Christmas jolt as extended federal unemployment benefits come to a sudden halt this weekend, with potentially significant implications for the recovering U.S. […]

12/27/2013

(AP Photo)

US household wealth reaches record high $77.3T

WASHINGTON (AP) — Americans’ wealth reached an all-time this summer, buoyed by record-setting stock prices and a healthy recovery in home values. The Federal Reserve says to U.S. net worth, a measure of household wealth, […]

12/09/2013

U.S. unemployment rate

US unemployment aid applications rise to 336,000

WASHINGTON (AP) — The number of Americans applying for unemployment benefits rose last week after reaching the lowest level in 5 ½ years. But the broader trend suggests companies are laying off fewer workers and […]

08/22/2013

(AP Photo/Seth Perlman)

US consumer sentiment reaches 6-year high in July

WASHINGTON (AP) — Americans are more confident about the economy than at any time since July 2007, a survey found, suggesting consumers will spend more and accelerate growth in the months ahead. The University of […]

07/26/2013

Federal Reserve report called "The Beige Book." (AP Photo)

Fed survey: Growth improves modestly throughout US

WASHINGTON (AP) — A Federal Reserve survey says economic growth increased throughout the United States from April through mid-May, fueled by home construction, consumer spending and steady hiring. Eleven of the Fed’s banking districts reported […]

06/05/2013

U.S. unemployment down

US unemployment aid applications decline to 366K

WASHINGTON (AP) — Fewer Americans sought unemployment benefits last week, indicating companies continue to hire at a modest but steady pace.

02/07/2013

Federal budget deficit

Budget deficit estimated at $845B

WASHINGTON (AP) — A new government report is predicting the budget deficit will drop below $1 trillion for the first time in President Barack Obama’s tenure in office.

02/05/2013

(AP Photo)

Fed projects high unemployment for next 3 years

WASHINGTON (AP) – The Federal Reserve predicts the unemployment rate will stay elevated until late 2015, suggesting it will keep short-term interest rates low for the next three years.

12/12/2012

Ben Bernanke

Bernanke says fiscal cliff already hurting economy

WASHINGTON (AP) – Federal Reserve Chairman Ben Bernanke says the U.S. economy is already being hurt by the “fiscal cliff” standoff in Washington but the Fed believes the crisis will be resolved without significant long-term damage.

12/12/2012

Analysts say Sandy unlikely to damage US economy

  WASHINGTON (AP) — Hurricane Sandy has already caused the cancelation of thousands of flights, stranding travers. Insurers are expecting to have to pay up to $5 billion. Retailers are expecting smaller sales. But for […]

10/29/2012

US consumer spending rose 0.8 percent in September

WASHINGTON (AP) – Americans increased their spending in September at twice the rate their income rose, a sign of confidence in the economy. The Commerce Department says consumer spending increased 0.8 percent in September, the […]

10/29/2012

Weak business spending drags on US growth

WASHINGTON (AP) – Companies are holding off on purchases of computers, industrial equipment and other long-lasting manufactured goods, a trend that’s slowing the U.S. economy. A fourth straight month of lackluster corporate spending led many […]

10/25/2012