Tuesday, 8 Sep 2009 | Source: The Associated Press
Consumers slashed their borrowing in July by the largest amount on record as job losses and uncertainty about the economic recovery prompted Americans to rein in their debt.
Construction spending posted a tiny increase in October, the first advance in six months, as a surge in home building offset continued weakness in nonresidential construction.
Friday, 14 Aug 2009 | Source: The Associated Press
Production from America's factories, mines and utilities rose more than expected in July, with the first gain in nine months driven by increased output from auto companies.
President Barack Obama has signed a bill extending the popular program into Labor Day and preventing the 2-week-old incentives from running out, the White House said on Friday.
Friday, 17 Jul 2009 | Source: The Associated Press
The U.S. Labor Department says unemployment topped 10 percent in 16 states last month. The rate in Michigan surpassed 15 percent, the first time any state hit that mark since 1984.
Tuesday, 14 Jul 2009 | Source: The Associated Press
The government says retail sales advanced in June by the largest amount in five months, led by a surge in gasoline prices and a slight rebound in the battered auto sector.
Tuesday, 16 Jun 2009 | Source: The Associated Press
Industrial production tumbled more than expected last month as the recession crimped demand for a wide range of manufactured goods including cars, machinery and household appliances.