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Tag Archives: Recession

Port of Baltimore handles record number of autos in October

The Port of Baltimore handled a record 42,830 autos in October, the latest example of increased activity at the state’s public shipping terminals. Roll on/roll off cargo, a strong suit for the port, has had a rocky year, with manufacturers ...

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U.S. auto sales continue slow-motion recovery

DETROIT  — All major automakers but Toyota reported strong U.S. sales increases in November as the auto industry’s slow-motion recovery continued to gain traction. Ford, General Motors, Chrysler, Nissan, Hyundai and Honda all reported double-digit increases, and only Toyota, which ...

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Home prices falling faster in most metro areas

NEW YORK — Home prices are falling faster in the nation’s largest cities, and a record number of foreclosures are expected to push prices down further through next year. The Standard & Poor’s/Case-Shiller 20-city home price index released Tuesday fell ...

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Consumers spend and earn more, layoffs slow

WASHINGTON — Americans earned more and spent more last month, and the number of people applying for unemployment benefits dropped last week to the lowest level in more than two years. At the same time, demand for long-lasting manufactured goods ...

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1,000 workers hired under tax credit plan but questions raised

Lloyd Coates has made steel, guns, airplane wings, parts for landing gear and Styrofoam cups. But he spent most of the last two years out of work, handing out resumes and juggling bills to make ends meet. Of the more ...

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Consumers spend and earn more, layoffs slow

WASHINGTON — Americans earned more and spent more last month, and the number of people applying for unemployment benefits dropped last week to the lowest level in more than two years. At the same time, demand for long-lasting manufactured goods ...

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