Please ensure Javascript is enabled for purposes of website accessibility

Tag Archives: auto sales

Fed survey finds moderate growth during summer

WASHINGTON — The U.S. economy grew at a tepid 1.7 percent annual rate in the April-June quarter, suggesting growth will stay weak in the second half of the year. Slightly stronger consumer spending and greater exports were the main reasons ...

Read More »

U.S. retail sales disappointment weighs on markets

LONDON — A disappointing U.S. retail sales report weighed on stock markets Monday but helped the euro clamber off two-year lows against the dollar. The U.S. Commerce Department reported that retail sales fell 0.5 percent in June from the previous ...

Read More »

Auto sales remain bright spot in darkening economy

DETROIT — U.S. auto sales remained a bright spot in May even as the economy darkened. Many of the biggest carmakers reported double-digit sales gains last month compared with a year earlier. Americans continued to replace their aging vehicles even ...

Read More »

Fed survey shows growth, hiring improves

WASHINGTON — A Federal Reserve survey of business conditions across the United States suggests last month’s pullback in hiring may prove to be temporary. The survey released Wednesday showed that each of the Fed’s 12 bank districts grew steadily from ...

Read More »

Fewer seek U.S. unemployment aid, tying a 4-year low

WASHINGTON — Fewer people sought U.S. unemployment benefits last week, adding to signs that the job market is strengthening. Applications for unemployment aid dropped 14,000 to a seasonally adjusted 351,000, the Labor Department said Thursday. That matches a four-year low ...

Read More »

Economy improving but job growth still weak

WASHINGTON— Factories are producing more. Construction is growing. People are buying more cars. The holiday shopping season is off to a strong start. Normally, all that would suggest a bright outlook for the economy. Problem is, employers still aren’t hiring ...

Read More »