Please ensure Javascript is enabled for purposes of website accessibility

Tag Archives: Paul Ashworth

Trade gap hit $48.7 billion in November

WASHINGTON — The U.S. trade deficit expanded in November to its widest point in seven months, driven by a surge in imports that outpaced only modest growth in exports. The Commerce Department report Friday suggests trade will drag on economic ...

Read More »

At second look, economy is not so bad after all

WASHINGTON — At first glance, a batch of U.S. economic data released Thursday looked dispiriting. Companies slashed orders for factory goods. The government cut its most recent growth estimate. And fewer people signed contracts to buy homes. Yet a peek ...

Read More »

Unemployment aid applications at 2-month low

WASHINGTON — The number of Americans seeking unemployment benefits plunged 26,000 last week to a seasonally adjusted 359,000, a hopeful sign for the job market. It’s the lowest level of weekly applications in nine weeks. The Labor Department said Thursday ...

Read More »

Drop in key U.S. durable goods orders shows weakness

WASHINGTON (AP) — Signs that U.S. manufacturing is faltering emerged from a report Friday that orders for long-lasting factory goods, excluding the volatile transportation category, fell in July for the fourth time in five months. Overall orders for durable goods ...

Read More »