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Tag Archives: economic

Sluggish new-home sales drag on economy’s growth

WASHINGTON — Sales of new homes plummeted in January, and businesses ordered fewer long-lasting goods. But the number of people applying for unemployment benefits has fallen over the past four weeks to the lowest level in two-and-a-half years. Together, the ...

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Economists: Nation won’t really rebound until 2012

LANSING, Mich. — In a good sign for a resurging General Motors, University of Michigan economists are forecasting a climb in motor vehicle sales over the next two years that should help bolster automakers’ fortunes. But don’t look for a ...

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Credits help solar providers see bright future

Industry leaders painted a bright future for solar energy developers in Maryland at the Maryland, DC and Virginia Solar Energy Industries Association’s fourth annual conference. Tony Clifford, CEO of Rockville-based Standard Solar Inc. and president of the SEIA, said the ...

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Stocks drop as jobless claims rise unexpectedly

Stocks tumbled Thursday after two disappointing economic reports renewed investors’ concerns about the pace of the recovery. The Dow Jones industrial average fell 144 points. All the major stock indexes fell more than 1 percent. Interest rates also fell sharply ...

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