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Tag Archives: commerce department

Economists keep rosy view for 3 pct growth in 2014

Business forecasters maintained their rosy view of the U.S. economy in 2014, predicting 3 percent growth by the second quarter of next year, low inflation and improving employment. The top economists surveyed by the National Association of Business Economics between ...

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Economy grew at 2.5 percent rate in spring

WASHINGTON — The U.S. economy grew at a 2.5 percent annual rate from April through June, much faster than previously estimated. The steep revision was largely because U.S. companies exported more goods and imports declined. The Commerce Department said second-quarter ...

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Orders for long-lasting factory goods plunge

WASHINGTON — Orders for long-lasting U.S. factory goods fell sharply last month as demand for commercial aircraft plummeted and businesses spent less on computers and electrical equipment. Manufacturing continues to struggle and could prevent economic growth from picking up in ...

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