Industry News

U.S. Economy / Markets

US economy adds just 88,000 jobs in March
The US economy added just 88,000 jobs in March, the lowest increase for nine months, official data has shown.
BBC News – 4/5/2013

US economy ekes out 0.4% growth in fourth quarter
The US economy grew at a faster than expected 0.4% in the fourth quarter of 2012, the Department of Commerce has said.
BBC News – 3/28/2013

Measure of US economy's health rises in February
A measure of the U.S. economy's health over the next six months increased in February from January, a sign that growth could be improving.
Yahoo! News – 3/21/2013

Goods Orders Exceed Forecast in Sign of U.S. Factory Rebound
Orders for durable goods climbed more than forecast in December, showing U.S. manufacturing rebounded following a mid-year slump.
Bloomberg – 1/28/2013

Jobless Claims in U.S. Unexpectedly Increased Last Week
More Americans than forecast filed applications for unemployment benefits last week, a sign improvement in the labor market remains uneven.
Bloomberg – 1/10/2013

Gas Price Up, Diesel Down Slightly in 2013
The U.S. average retail price of regular gasoline increased less than a penny to remain at $3.30 per gallon, down eight cents from last year at this time.
USAgNet – 1/10/2013

Jobless Claims in U.S. Decline to a Nine-Week Low
Applications for jobless benefits fell by 29,000 to 343,000 in the week ended Dec. 8, the fewest since reaching a four-year low in the period ended Oct. 6, Labor Department figures showed today.
Bloomberg – 12/13/2012

ABC Chief Economist Predicts Modest Recovery to Continue in 2013
In a 2013 construction forecast released Dec. 4, ABC Chief Economist Anirban Basu predicted nonresidential construction spending to expand 5.2 percent next year, with much of the expansion coming from privately financed projects.
AED – 12/9/2012

Private hiring jumps, unemployment claims fall
Private sector hiring jumped in October, according to a report released Thursday by payroll processor ADP.
CNN Money – 11/1/2012

Sandy's economic impact
The impact of Hurricane Sandy on the lives of residents of the Northeast will be great.
CNN Money – 10/30/2012