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US factories grow at slowest pace in 2½ years; hiring falls
WASHINGTON (AP) — U.S. factory activity grew last month at its slowest pace since May 2013 as manufacturers pared their stockpiles and cut jobs. The Institute for Supply Management said […]
U.S. service sector grows at slower pace last month
WASHINGTON — U.S. service sector firms grew in November at the weakest pace since June, evidence that cautious spending by consumers and businesses may be slowing growth. The Institute for […]
Service-sector index indicates little effect from shutdown
WASHINGTON — Activity at U.S. service firms accelerated in October behind a jump in sales and more hiring, suggesting businesses largely shrugged off the partial government shutdown. The Institute for […]
Pace of manufacturing hit 2-year peak in August
WASHINGTON — U.S. factories expanded last month at the fastest pace since June 2011 on a jump in orders. The report signals that manufacturing output could strengthen in coming months. […]
Factories rebound with best growth in 2 years
WASHINGTON — U.S. factories revved up production, hired more workers and received a surge of new orders in July, helping them expand at the fastest pace in two years. The […]
Survey: Services firms grow slower, hire more
WASHINGTON — U.S. services firms grew at a slower pace in June from May but added more jobs. The figures offered a mixed sign for companies that employ roughly 90 […]
Unemployment benefit applications fall to 343K
WASHINGTON — The number of Americans seeking unemployment benefits fell 5,000 to a seasonally adjusted 343,000 last week, a sign that layoffs remain low and companies are adding a modest […]
Factory orders rise 2.1 percent in May
WASHINGTON — Orders to U.S. factories rose in May, helped by a third straight month of stronger business investment. The gains suggest manufacturing may be picking up after a weak […]
Factory activity expands in June, jobs decline
WASHINGTON — U.S. manufacturing activity grew in June behind a pickup in new orders, exports and production. Better economic growth overseas is boosting U.S. exports and could help American factories […]
Survey: U.S. service firms grow at faster pace
WASHINGTON — U.S. service firms grew at a faster pace in May, driven by a jump in new orders. But a measure of hiring showed companies added fewer jobs. The […]
Manufacturing gauge sinks to June 2009 level
WASHINGTON — A measure of U.S. manufacturing fell in May to its lowest level since June 2009 as slumping overseas economies and weak business spending reduced new orders and production. […]
Durable goods orders rise 3.3 percent in April
WASHINGTON — U.S. orders for long-lasting manufactured goods rebounded in April, buoyed by more demand for aircraft and stronger business investment. The gains suggest economic growth may be holding steady […]
