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Service sector growth surges to all-time high in May amid pandemic rebound
Growth in the services sector, where most Americans work, hit an all-time high in May.
US manufacturing activity grows for 12th straight month
Growth in U.S. manufacturing picked up in May, even as supply chain problems persist and businesses continue to struggle to find workers.
Survey: Business economists foresee best growth in 37 years
The nation's business economists have grown much more optimistic about the U.S. economy this year, with a majority predicting that increased vaccinations, stronger job gains and further government aid will accelerate growth to its fastest pace in nearly four decades.
Baltimore region is working, getting paid better, study finds
More people are working in the Baltimore metro area than ever before, according to a recent economic study by PNC Bank. Around 1.4 million people are employed in this area, the highest since before the recession, when 1.32 million people were employed. “You more than recovered the jobs,” said PNC Chief Economist Stuart Hoffman about […]
U.S. CEOs less optimistic about hiring, spending
Optimism among chief executives at the largest U.S. companies fell in the July-September quarter after reaching a two-year high in the previous quarter.
Suburbia’s new urbanism challenges Baltimore’s future
Despite a recent move by suburbs to provide more mixed-use development city officials still anticipate growth.
U.S. companies increasingly fish for growth overseas
Major U.S. companies are starting to reap their most rapid growth in fertile lands of opportunity far from home.
Business economists say: Expect slow, steady growth
U.S. economic growth should accelerate in the second quarter and remain healthy for the rest of this year, according to a forecast by a group of U.S. business economists.
Tech industries called vital for state
Maryland needs to find ways to increase manufacturing jobs in economically depressed areas of the state. Or it has to find technology innovators, because manufacturing is dead.
Fed survey: Growth picks up across most of U.S.
A Federal Reserve survey shows economic growth picking up across most of the United States over the past two months as bitter winter weather subsided.
Metro area office leasing shows strength
A new report says the Baltimore metropolitan area had above-average growth last year, with an increase in payroll employment of 19,500 positions and a slight increase in rents for commercial and office leasing.
Fed: U.S. growth stays moderate during shutdown
WASHINGTON — A Federal Reserve survey released Wednesday found that the U.S. economy held steady during the 16-day partial government shutdown, growing moderately in most regions from October through late November. The Fed said seven of its 12 banking districts described growth as moderate. Four — Philadelphia, Chicago, Kansas City and San Francisco — said […]
