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Tag Archives: institute for supply management

Economy improving but job growth still weak

WASHINGTON— Factories are producing more. Construction is growing. People are buying more cars. The holiday shopping season is off to a strong start. Normally, all that would suggest a bright outlook for the economy. Problem is, employers still aren’t hiring ...

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U.S. factory output rose strongly in October

WASHINGTON — U.S. industrial production rose in October at the fastest rate in three months. Factories made more trucks, electronics and business equipment, a sign that manufacturing is recovering after slowing this spring. Output at the nation’s factories, utilities and ...

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Manufacturing growth slowed slightly in October

WASHINGTON — U.S. manufacturing grew more slowly in October, hampered by weaker demand for exports and slower production at factories. But companies ordered more goods, factories slashed their stockpiles and auto sales rose. Those trends suggest manufacturing activity could rebound ...

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More people sought unemployment aid last week

WASHINGTON — The number of Americans who applied for unemployment benefits rose slightly last week, a sign that the job market remains weak. Weekly applications increased by 6,000 to a seasonally adjusted 401,000, the Labor Department said Thursday. The modest ...

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U.S. economy continues to grow modestly

WASHINGTON — The nation’s economy is managing to grow modestly, reports Monday showed, despite high U.S. unemployment and growing alarm about Europe’s debt crisis. Manufacturing expanded in September more than in August, though the pace of growth remains weak, according ...

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