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Tag Archives: growth

Manufacturing grows at fastest pace since June

WASHINGTON — U.S. manufacturing grew last month at the fastest pace in 10 months. New orders, production and a measure of hiring all rose. The strength at U.S. factories suggests the economy is healthier than recent data had indicated. That’s ...

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U.S. growth slowed to 2.2 percent in first quarter

WASHINGTON — The U.S. economy grew more slowly in the first three months of this year. Governments spent less, and businesses cut back on investment. But consumers spent at the fastest pace in more than a year. The result suggests ...

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Report: Area needs more ‘quality jobs’

Economic development in the Baltimore metropolitan area needs to focus on creating “quality jobs” and cultivating a skilled workforce, areas that have been lacking, a report released Thursday said. The report by the Washington, D.C.-based Brookings Institution said that faster ...

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Under Armour reports increase in revenue, income

Under Armour Inc. saw revenue increase by more than 20 percent for the eighth consecutive quarter, the company reported Friday. First-quarter revenue rose 23 percent, to $384 million, from $313 million in the corresponding quarter last year. The quarter’s net ...

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Home building slows, permits hit three-and-a-half-year high

WASHINGTON — U.S. builders requested the most permits in March for single-family homes and apartments in 3½ years, suggesting that many expect the housing market to improve over the next year. The Commerce Department said Tuesday that permits, a gauge of ...

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Inflation mild as gas prices rise more slowly

WASHINGTON — Gas prices rose more slowly in March, keeping overall U.S. inflation mild. The consumer price index rose 0.3 percent in March, the Labor Department said Friday. That’s slower than February’s 0.4 percent rise. Excluding food and gas, so-called ...

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Employers posted more job openings in February

WASHINGTON — Employers posted slightly more job openings in February, suggesting that modest hiring gains will continue in coming months. The Labor Department said Tuesday that employers advertised 3.5 million job openings in February. That was a slight increase from ...

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