All Posts Tagged With: "Economy"
Nonfarm productivity in the U.S. was down less steeply than was previously thought during the 2015 fourth quarter, but still pushed costs up that were labor related as businesses employed more people to increase output. On Thursday, the U.S. Department of Labor said that productivity, which measures the output hourly per worker, fell at an […]
Employers in September added only 142,000 new jobs in the U.S., said a report released by the Labor Department on Friday morning. The report suggested that the economy in the U.S. was losing some momentum after a report that was similarly lackluster the month before. The official rate of unemployment stayed the same at just […]
Industrial production increased during July a sign that the manufacturing sector is starting to click into a higher gear during the summer. Industrial production, which is a measure of the output in mining sectors and manufacturing utilities, rose by a seasonally adjusted 0.6% during July in comparison to June, reported the Federal Reserve on Friday. […]
U.S. retailers experienced an unexpected drop in sales during June, curbing the optimism about the strength of the economy’s rebound including consumer spending during the second quarter. Purchases dropped by 0.3% after an advance of 1% in May that was also smaller than reported previously, showed figures released by the Commerce Department on Tuesday. The […]