Please ensure Javascript is enabled for purposes of website accessibility

Tag Archives: economists

Retail sales inched up in December, ending record year

WASHINGTON — Retail sales barely rose in December, but the gain was enough to lift sales to a record level for 2011. It marked the largest annual increase in more than a decade. Sales inched up 0.1 percent in December ...

Read More »

Unemployment benefit applications jump to 399,000

WASHINGTON — Applications for weekly unemployment benefits spiked last week, largely because companies let go of thousands of workers after the holiday season. Weekly applications rose by 24,000 to a seasonally adjusted 399,000, the Labor Department said Thursday. That’s the ...

Read More »

Fewer Americans sought unemployment aid last week

WASHINGTON — The number of Americans seeking unemployment benefits fell further last week, ending the year on a three-month run of declines that point to stronger hiring in 2012. Weekly applications dropped by 15,000 to a seasonally adjusted 372,000 last ...

Read More »

Factories, builders boost economy at end of year

WASHINGTON — U.S. manufacturers ended 2011 with their best month of growth since the late spring. And the struggling construction industry spent more on projects for the third time in four months. The data bolstered hopes that the economy is ...

Read More »

Consumer confidence index surges in December

Americans are gaining faith that the economy is on the upswing. An improving job outlook helped the Consumer Confidence Index soar to the highest level since April and near a post-recession peak, according to a monthly survey by The Conference ...

Read More »

Consumer prices were unchanged in November

WASHINGTON — Consumer prices stayed flat in November, further evidence that inflation has cooled off. Energy costs dropped for the second straight month, which offset higher prices that Americans paid for food, clothes and medical services. Milder inflation offers some ...

Read More »

Wholesale prices up a modest 0.3 pct. in November

WASHINGTON — Wholesale prices rose a modest 0.3 percent last month as U.S. companies paid more for such items as food and pharmaceuticals. But energy prices barely rose, keeping inflation in check. In the 12 months ending in November, wholesale ...

Read More »

Consumer spending climbs slightly in October

WASHINGTON — Consumers barely increased their spending in October but their incomes rose by the most in seven months. The rise in take-home pay could boost spending during the upcoming holiday shopping season. The Commerce Department said Wednesday that spending ...

Read More »