Election-year memo to Democratic candidates: Don't talk about the economic recovery. It's a political loser.
More than two-thirds of the states reported job gains in March, as hiring improves for much of the country during what has been a sluggish but sustained 4 1/2-year recovery.
We got so swept away with the romance of designing products that we never had the hard conversations about managing money, decision-making, roles and responsibilities, and growth.
Optimism around the prospects of the U.S. economy during the next 12 months rose among U.S. industrial manufacturers to 71 percent in the first quarter of 2014, from 68 percent in the previous quarter and 55 percent in the first quarter of 2013.
The Congressional Budget Office estimates that a Senate Democratic proposal gradually boosting the minimum wage to $10.10 hourly would force businesses to spend $15 billion more in salaries in 2017.
The survey’s composite index is a leading indicator for the manufacturing sector. The March 2014 composite index improved to 69 from 67 in the December 2013 survey — the fifth straight quarterly advance and the highest level since the March 2011 reading of 72.
The number of people seeking U.S. unemployment benefits last week rose 2,000 to a seasonally adjusted 304,000. Jobless claims continue to be near pre-recession levels despite the slight increase.
A Federal Reserve survey shows economic growth picking up across most of the United States over the past two months as bitter winter weather subsided.
Minority business accelerators have launched in a handful of metropolitan areas in recent years as local businesses, chambers of commerce and economic development groups work to create more jobs and improve the quality of life in their regions.
The Federal Reserve reported that total industrial production (consisting of manufacturing, mining, and utilities) grew 0.7 percent during March. Manufacturing, which accounts for the lion’s share of total industrial production, grew a healthy 0.5 percent.
U.S. factory output rose further last month, extending strong growth from February after harsh weather had caused production to tumble in January. Manufacturers produced more furniture, clothing, chemicals and aerospace products.
The Labor Department said Tuesday that the consumer price index rose 0.2 percent in March, after scant 0.1 percent increases in the previous two months.
This total, as reported by companies participating in the USMTO program, was down 6.6% from January and down 6.2% when compared with the total of $377.82 million reported for February 2013. With a year-to-date total of $733.82 million, 2014 is down 0.6% compared with 2013.
The government is considering reducing tax breaks for corporate research and development if the corporate income tax rate is cut as sought by Prime Minister Shinzo Abe.
The Commerce Department says stockpiles increased 0.4 percent in February following a similar 0.4 percent increase in January. Sales rose 0.8 percent in February, bouncing back after a 1.1 percent sales decline in January.
The World Trade Organization predicts global commerce will grow 5.3 percent next year, an improvement that would bring it back in line with its 1993-2013 historic average.
U.S. retail sales in March rose by the largest amount in 18 months, led by strong gains in sales of autos, furniture and a number of other products.
The Labor Department says the producer price index, which measures price changes before they reach the consumer, rose 0.5 percent in March.
The U.S. government's budget deficit shrank to just $37 billion in March from $107 billion in the same month last year, the latest sign of improvement in the nation's finances.
South Carolina-based gun manufacturer Palmetto State Armory (PSA) has announced plans to expand its facility in Lexington, S.C., with a $4.2 million investment.
The number of people seeking U.S. unemployment benefits dropped to the lowest level in almost seven years, falling 32,000 last week to a seasonally adjusted 300,000.
U.S. wholesale businesses increased their stockpiles for an eighth consecutive month in February as their sales rose at the fastest clip since November, good signs for future economic growth.
Contreras-Sweet says entrepreneurs are the difference-makers in the U.S. economy and that SBA plays a pivotal role in helping them overcome hurdles.
U.S. employers posted more job openings in February, a sign that hiring will likely improve in the months ahead.
The global economy is strengthening but faces threats from super-low inflation and outflows of capital from emerging economies, the International Monetary Fund warns.