Manufacturing in the Philadelphia region surged in July, expanding at its fastest pace in more than three years, as new orders, shipments, and hiring all rose.
Declaring the Great Recession only partly to blame, White House economists say the increasing number of Americans dropping out of the labor force dampens economic growth and demands policy changes that create more job opportunities and add workers.
A gauge designed to predict the economy's future health increased in June for a fifth consecutive month, supporting the view that economic growth should accelerate in the second half of this year.
The proportion of workers in Britain has hit its joint-highest level since records began more than 40 years ago, official figures showed in a further sign of the strength of the U.K. economic recovery.
The number of people seeking U.S. unemployment benefits fell last week, a steady decline that suggests a strengthening job market.
A pickup in China's growth has fortified confidence the world's second-biggest economy is stabilizing as the past decade's explosive growth decelerates to the 7 percent range.
A Federal Reserve survey indicates the economy kept expanding in all regions of the country in June and early July, helped by strength in consumer spending.
The modest gain underscored manufacturing's role in helping return the economy to growth after a grim first quarter.
Small business owners in Delaware are eligible for an expanded tax credit with the signing of a new law by Gov. Jack Markell.
Federal Reserve Chair Janet Yellen said Tuesday that the economic recovery is not yet complete and for that reason the Fed intends to keep providing significant support to boost growth and improve labor market conditions.
That frosty tide of smooth, golden brown craft beer has finally come in, and it's helping to quench this drought-stricken state's thirst for jobs and economic development.
Louisiana lost more than $71 million in taxpayer money on a failed sugar cane mill in Jefferson Davis Parish that was sold for scrap late last year, according to an audit released Monday.
The government's budget deficit will drop to $583 billion this year, the lowest level of President Barack Obama's tenure, the White House said.
"Any military in the world that uses its power to bully, intimidate and destabilize the economy of the world, is not in the United States' best interests, nor of our allies nor our friends," Rep. Rogers said.
Check out some of this week's top headlines from across Manufacturing.net, from the financial struggles of the birthplace of GM to a train accident that damaged six Boeing commercial airplane bodies.
U.S. business economists have sharply cut their growth forecasts for the April-June quarter and 2014, though they remain optimistic that the economy will rebound from a dismal first quarter.
China's export growth edged higher in June in a small sign of improvement for the world's second biggest economy as it undergoes an uneven recovery.
France's economy minister is blaming European authorities for the lack of growth in France and Europe, and says it's time for a new economic policy that shuns austerity measures.
Fewer people sought U.S. unemployment benefits last week, driving down the level of applications to nearly the lowest in seven years.
To hear President Barack Obama describe it, there's a creeping case of cynicism setting in across the country, leading Americans to suspect that not only is Washington broken, it's beyond fixing.
Lou pointed out that the U.S. economy shrank at a 2.9 percent annual rate from January to March — largely because of a brutal winter — and said China hopes the U.S. "can take measures to ensure the momentum of growth."
Flint, which was the birthplace of General Motors and once had 200,000 residents, also has suffered a spectacular drop in population and factory jobs and a corresponding rise in property abandonment, much like its insolvent big brother an hour's drive south.
U.S. employers advertised more jobs in May than in any month in the past seven years, a sign that this year's strong hiring trend is likely to continue.
Five full years after a devastating recession officially ended, the economy is finally showing the vigor that Americans have long awaited.
"The basic structure of the labor union movement has changed, reflecting changes in the economy," said Ross Baker, a political science professor at Rutgers University. "Manufacturing is a diminishing segment of the economy. Also, a lot of the manufacturing that's being done today is being done nonunion."