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Tag Archives: shutdown

Fed: U.S. growth stays moderate during shutdown

WASHINGTON — A Federal Reserve survey released Wednesday found that the U.S. economy held steady during the 16-day partial government shutdown, growing moderately in most regions from October through late November. The Fed said seven of its 12 banking districts ...

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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 Supply Management said Tuesday that its service-sector index rose to ...

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Beyond car sales, retail spending shows strength in September

WASHINGTON — A sharp drop in auto sales caused largely by a calendar quirk lowered U.S. retail spending in September. But Americans spent more on most other goods, showing some confidence in the economy before much of the government shut ...

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Shutdown affects consumer confidence, dropping October measure

WASHINGTON — Americans’ confidence in the economy fell this month to the lowest level since April, as many worried about the impact of a 16-day partial government shutdown. The decline could weigh on spending and economic growth. The Conference Board ...

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Employer uncertainty means hiring will continue slow movement

WASHINGTON — The uncertainty and weakness that hung over the U.S. job market in September before the government shut down aren’t going away. Employers will likely remain slow to hire as long as the economy struggles to accelerate, consumers limit ...

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