Tariff Gloom Weighs on US Manufacturing; Delivery Times Lengthening June 3, 2025 By Lucia Mutikani U.S. manufacturing contracted for a third straight month in May and suppliers took the longest time in nearly three years...
Labor Market Stays Resilient, but Workers Less Productive in Q1 May 12, 2025 By Lucia Mutikani The number of Americans filing new applications for unemployment benefits fell sharply as the spring break-related boost from the prior...
Trump Commerce Secretary Plans to Strip Government Spending From GDP Data March 4, 2025 By Lucia Mutikani U.S. Commerce Secretary Howard Lutnick said on Sunday he would strip out government spending from the gross domestic product (GDP)...
U.S. Consumer Spending Beats Expectations in April; Inflation Likely Peaked May 27, 2022 By Lucia Mutikani U.S. consumer spending rose more than expected in April, while annual inflation appeared to have peaked, which could help to...
U.S. Economy Hit Hard in Q1 But Worse Contraction Still to Come April 29, 2020 By Lucia Mutikani The U.S. economy contracted in the first quarter at its sharpest pace since the Great Recession as stringent measures to...
Hiring Momentum May Be Slowing Overall But Not in Insurance January 28, 2020 By Lucia Mutikani There is an even balance in the share of U.S. businesses reporting decreases and increases in employment for the first...
Irene’s Impact on Fragile U.S. Economy August 31, 2011 By Lucia Mutikani The struggling U.S. economy should escape largely unscathed from Hurricane Irene and may even get a boost from reconstruction. Irene,...