| Dec 20, 2013
| 5:01 PM
California's economy showed renewed signs of strength last month when employers added the most jobs since October 2012, the state Employment Development Department reported Friday.
Employers created a net 44,300 jobs in November, led by a surge in...
| Dec 20, 2013
| 4:56 PM
WASHINGTON — Adding to the rosier economic outlook for next year, revised government data show the economy grew in the third quarter at the fastest pace in nearly two years as American consumers spent billions of dollars more than originally...
| Dec 23, 2013
| 7:45 AM
The Commerce Department reported Monday that consumer spending rose to its highest level since June, another late-year sign of renewed strength in the U.S. economy.
Consumer spending rose 0.5% last month, after increasing a revised 0.4% in October,...
| Dec 26, 2013
| 9:09 AM
The number of people filing for initial unemployment benefits dropped by 42,000, the largest drop in over a year, the Labor Department reported Thursday.
In the week ending Dec. 21, the number of seasonally adjusted jobless claims was 338,000, down from...
| Dec 31, 2013
| 7:53 AM
WASHINGTON -- Americans ended the year much more optimistic about the economy, with consumer confidence rebounding strongly in December after tumbling the previous two months because of the partial government shutdown, the Conference Board said Tuesday....
| Nov 8, 2013
| 7:48 AM
WASHINGTON -- Consumer confidence fell this month to its lowest level in nearly two years, surprising analysts who expected a rebound from the recent shutdown-induced downturn in American's view of the economy.
The preliminary consumer sentiment index...
| Nov 8, 2013
| 4:20 PM
WASHINGTON — All of a sudden, the American economy is looking very resilient — much more so than experts had thought.
Despite forecasts that job growth would be sapped by the budget impasse and government shutdown, employers in the U.S....
| Nov 14, 2013
| 6:35 AM
WASHINGTON -- Initial jobless claims were higher than expected last week at 339,000 and figures for the previous week were revised upward, the Labor Department said Thursday.
Economists had expected the number of people filing for first-time...
| Nov 19, 2013
| 6:00 AM
The economic contributions of U.S. copyright industries reached new heights last year, for the first time contributing more than $1 trillion to the gross domestic product and accounting for 6.5% of the nation's economy, according to a new report.
| Nov 20, 2013
| 6:41 AM
WASHINGTON -- Consumer prices unexpectedly dipped last month, the first decline since the spring, driven by lower gasoline costs, the Commerce Department said Wednesday.
The Consumer Price Index fell a seasonally adjusted 0.1% in October from the...
| Nov 18, 2013
| 11:34 AM
Just last week, the Conference Board, which tracks consumer confidence, offered a gloomy forecast for the coming year.
Apparently, gamers neglected to check out the key economic indicators before rushing stores to buy the $400 PlayStation 4.