Jeannine Aversa
NewsDecember 28, 2001
Military aircraft leads drop in durable-goods orders Associated Press WriterWASHINGTON (AP) -- Orders to U.S. factories for costly manufactured goods fell by 4.8 percent in November, reflecting a big drop in demand for military airplanes. However, orders for many other big-ticket items, including computers and indus...NewsDecember 28, 2001
New-homes sales soar; orders for many big-ticket items up Associated Press WriterWASHINGTON (AP) -- New-home sales soared, orders for many big-ticket items posted gains and consumer confidence rebounded, a trio of reports showed Friday. The reports raised hope that better days may be ahead for the ailing economy...NewsDecember 21, 2001
Economy shrinks at rate of 1.3 percent in third quarter Associated Press WriterWASHINGTON (AP) -- The U.S. economy turned in its weakest performance in a decade in the third quarter, shrinking at an annual rate of 1.3 percent, an even bigger drop than the government previously estimated. The revised reading of gross do...NewsNovember 30, 2001
Economy shrinks at 1.1 percent rate in 3rd quarter Associated Press WriterWASHINGTON (AP) -- The U.S. economy, which slipped into recession in March, was shrinking at an annual rate of 1.1 percent from July through September, the weakest showing in a decade. The revised reading on Gross Domestic Product -- the tot...NewsNovember 21, 2001
New jobless claims fall for fourth week in a row Associated Press WriterWASHINGTON (AP) -- New claims for state unemployment benefits fell for the fourth straight week, suggesting that the surge of layoffs seen after the terror attacks may be easing. The Labor Department reported Wednesday that for the work week...NewsNovember 19, 2001
Housing construction falls by 1.3 percent in October Associated Press WriterWASHINGTON (AP) -- Housing construction declined in October as builders displayed more caution in the face of sagging consumer confidence and rising unemployment. The Commerce Department reported Monday that last month, builders broke ground...NewsNovember 16, 2001
Industrial production trumbles for 13th straight month Associated Press WriterWASHINGTON (AP) -- Industrial productivity plunged in October for the 13th month in a row, the longest string of declines in manufacturing activity since the Great Depression. The Federal Reserve reported Friday that output at the nation's f...NewsNovember 15, 2001
New claims for jobless benefits fall Associated Press WriterWASHINGTON (AP) -- Americans filed fewer new claims for state unemployment insurance last week, but the number of laid-off workers drawing jobless benefits hit an 18-year high, reflecting the sour economy. The Labor Department reported Thurs...NewsNovember 14, 2001
Retail sales soar by record 7.1 percent in October Associated Press WriterWASHINGTON (AP) -- Consumers, drawn by favorable financing and heavy discounting, boosted retail sales in October by 7.1 percent, the biggest one-month gain ever recorded. The jump in sales at the nation's retail stores came after consumers ...NewsNovember 7, 2001
Productivity rises 2.7 percent in third quarter Associated Press WriterWASHINGTON (AP) -- Worker productivity rose in the third quarter by the largest amount in more than a year as businesses, coping with the sour economy, slashed workers' hours at the fastest pace in a decade. Productivity -- the amount of out...Advertisement
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