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Tag Archives: growth

U.S. economy grew at modest 1.9 percent rate in 1Q of 2012

WASHINGTON — The U.S. economy expanded at a 1.9 percent annual rate in the first three months of the year, a weak pace that few economists see changing much this year. The Commerce Department on Thursday made no change in ...

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Unemployment aid applications fall to 386,000

WASHINGTON — The number of people seeking U.S. unemployment benefits fell last week, but the level of applications remains too high to signal a pickup in hiring. The Labor Department said Thursday that weekly applications fell to a seasonally adjusted ...

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Retail sales dropped 0.2 percent in May

WASHINGTON — Americans barely increased their spending at retail businesses in April and May, constrained by weak job creation and paltry wage increases. A sharp drop in gas prices pulled down overall sales in both months by 0.2 percent, the ...

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U.S. wholesale stockpiles grow 0.6%

WASHINGTON — U.S. wholesale businesses increased their stockpiles at a faster rate in April, responding to a strong gain in sales. The increase could be a good sign for economic growth in the April-June quarter. The Commerce Department says stockpiles ...

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Wholesale stockpiles grew 0.6 percent in April

WASHINGTON — U.S. wholesale businesses increased their stockpiles at a faster rate in April, responding to a strong gain in sales. The increase could be a good sign for economic growth in the April-June quarter. The Commerce Department says stockpiles ...

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Bernanke signals no imminent steps to aid economy

WASHINGTON — Chairman Ben Bernanke said the Federal Reserve is prepared to take further steps to lift the U.S. economy if it weakens. But he didn’t signal any imminent action in testimony before a congressional panel Thursday. Bernanke said the ...

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Haugh named VP at Roadnet

Kevin Haugh has been named vice president of product management and marketing at Roadnet Technologies. Haugh will provide leadership, management and the strategic direction of Roadnet’s overall product offering and its growth and development. He will be a key strategist ...

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Shoppers cautiously pushed up spending in May

NEW YORK — Americans are spending, but they may not be for long. Some major retailers such as Target and Macy’s on Thursday posted May sales increases that beat Wall Street estimates as shoppers were lured in by Mother’s Day ...

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Gary S. Williams: Formal business plan key for future growth

Whether you’re an entrepreneur who dreams of starting a business or an experienced owner in search of future growth, creating a formal business plan is likely to be a cornerstone of the process. There are three reasons why a business ...

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