Topic: Paul Ashworth

The American economy may not be truly healthy yet, but it's healing.. . The 2.8 percent annual growth rate reported Friday for the fourth quarter...
The American economy picked up a little steam last quarter, with output growing at an annualized rate of 2.8 percent, the Commerce Department...

US businesses spend more, lay off less

Businesses are growing more confident in the economy, investing in more equipment and laying off fewer workers.. . . . Government figures on ...
In its latest statement on Wednesday, the U.S. Federal Reserve extended its commitment to keep interest rates near zero until at least late 2014...
Editor's note, 11:22 am EST: all figures have been checked and confirmed against the now-available BLS data.. . It seems we aren't the only ones...

Analysis: Are Americans really shopping until they drop?

(Reuters) - One glance at the numbers for the first big weekend of holiday shopping and you might think Americans are flush with cash and spending it freely.A survey from the National Retail Federation, an industry trade group, indicates that Americans said ...
Posted on 10/20/11 at 12:04pm by Scott Rubin . No surprise here. In the wake of yesterday's inflation data, the so called "Misery Index," which...

U.S. slow growth raises protectionist threat: economist

WASHINGTON (Reuters) - Persistently high unemployment and a weak economic recovery could persuade U.S. policymakers to slap protectionist duties on imports from China and around the world, an economist said on Tuesday."Trade protection is far from an ideal policy, and indeed ...

U.S. consumer prices up 0.2% in October

WASHINGTON (MarketWatch) ? U.S. consumer prices edged up 0.2% in October as the growing cost of gasoline offset flat or declining costs in other parts of the economy, a report said Wednesday.. The 0.2% CPI rise was below the 0 ...
Sluggish spending by businesses and consumers is causing factories to cool their production after they helped lift the economy out of recession.. That combination led to the first decline in output at the nation's mines, factories and utilities since the recession ...