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Tag Archives: Recession

Report: Maryland job creation strategy inadequate

To spur job creation and economic development, Maryland must streamline regulatory policies, lower taxes and develop stronger partnerships between government and businesses, said a new report released by the Greater Baltimore Committee Monday. The current strategy for job creation and ...

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October factory orders post 0.9 percent decline

WASHINGTON — Orders to U.S. factories fell in October by the largest amount in five months, reflecting a big drop in demand for aircraft. The Commerce Department says that factory orders declined 0.9 percent in October, the first setback since ...

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Discounts lead to biggest retail gains in 4 years

NEW YORK — Generous discounts lured Americans to stores and online for holiday gifts in November, providing cheer and delivering the best gains for retailers in four years. That raises hopes, already buoyed by reports of crowded malls and early ...

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Economists: New home sales outlook up slightly

Economists said Thursday they are cautiously optimistic about the prospect of new home sales for the coming year, but that homebuilders must be careful to avoid a second bubble in the region. Although there is still a surplus of existing ...

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Treasury gets another $1.8 billion from GM stock

WASHINGTON — The Treasury Department says it has received another $1.8 billion in net proceeds from the sale of additional stock in General Motors. Treasury said the revenue received Thursday brought the total amount the government has earned from an ...

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