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Tag Archives: capital economics

Consumer confidence dips as jobs outlook dims

WASHINGTON — Americans’ confidence in the economy fell slightly in September from August, as many became less optimistic about hiring and pay increases over the next six months. The Conference Board, a New York-based private research group, said Tuesday that ...

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Trade gap hit $48.7 billion in November

WASHINGTON — The U.S. trade deficit expanded in November to its widest point in seven months, driven by a surge in imports that outpaced only modest growth in exports. The Commerce Department report Friday suggests trade will drag on economic ...

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At second look, economy is not so bad after all

WASHINGTON — At first glance, a batch of U.S. economic data released Thursday looked dispiriting. Companies slashed orders for factory goods. The government cut its most recent growth estimate. And fewer people signed contracts to buy homes. Yet a peek ...

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Unemployment aid applications at 2-month low

WASHINGTON — The number of Americans seeking unemployment benefits plunged 26,000 last week to a seasonally adjusted 359,000, a hopeful sign for the job market. It’s the lowest level of weekly applications in nine weeks. The Labor Department said Thursday ...

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Service firms pick up pace in August

WASHINGTON — U.S. service companies expanded at a faster pace in August than July, helped by stronger hiring. The growth at firms that employ roughly 90 percent of the work force suggests the economy is slowly improving. The Institute for ...

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Drop in key U.S. durable goods orders shows weakness

WASHINGTON (AP) — Signs that U.S. manufacturing is faltering emerged from a report Friday that orders for long-lasting factory goods, excluding the volatile transportation category, fell in July for the fourth time in five months. Overall orders for durable goods ...

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Time to see if central bankers ready to act

WASHINGTON — The world’s top central bankers have said they’re willing to rescue the economies of Europe and the United States. This week we’ll find out if they are ready to act. The Federal Reserve wraps up its two-day policy ...

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Weak U.S. job market weighs on broader economy

WASHINGTON — The sluggish job market is weighing on the U.S. economy three years after the Great Recession ended and it doesn’t look to be getting much better any time soon. A measure of the number of people applying for ...

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