US Economy - Page 15

FT.com - Wall Street stocks were set to extend losses with a lower start on Tuesday, after a slump in China's main stock index and worries about the US economy encouraged investors to buy less risky assets. More Info...  

Economy News

AFP - The dollar traded mainly lower Monday as the market braced for fresh data expected to show a slowdown in the US economy, and monitored tensions over Iran's nuclear ambitions, dealers said.

AFP - The dollar traded mainly lower Monday as the market braced for fresh data expected to show a slowdown in the US economy, and monitored tensions over Iran's nuclear ambitions, dealers said.

Reuters - The U.S. economy appears to be getting on a sustainable growth path with GDP expected to grow 2.8 percent in 2007, and the risks of inflation are slightly higher than those of an economic slowdown, according to a survey of economists released on Monday. More Info...  

Economy News FT.com - The Federal Reserve's benign view of the US economy - that it is enjoying solid growth, moderating inflationary pressures and stablisation in the housing market in 2007 - will begin to be stress-tested in this week's data releases. More Info...  

Economy News AP - The number of laid-off workers filing for unemployment benefits dropped sharply last week after having been driven higher the previous week by storm-related layoffs. More Info...  

AP - The number of laid-off workers filing for unemployment benefits dropped sharply last week after having been driven higher the previous week by storm-related layoffs. More Info...  

Reuters - The number of U.S. workers filing for first-time jobless benefits fell sharply last week, government data showed on Thursday, but the decline was smaller than expected, and economists say layoffs remained elevated because of winter storms.

Economy News

AP - Consumer prices increased at a faster pace than expected in January while a gauge of future economic activity posted a tiny increase, raising concerns about inflation and future growth.

AP - Federal Reserve policymakers saw a lessening of economic threats from the housing slump but continued to worry about inflation as they decided last month to leave existing interest rates intact.

Reuters - U.S. consumer prices rose more than expected in January despite a dip in energy prices, as medical costs jumped, according to a government report on Wednesday that led financial markets to trim bets of interest rate cuts.

Reuters - A key forecasting gauge for the U.S. economy rose for the second straight month, but at a smaller-than-expected 0.1 percent in January, a report from a private research group said on Wednesday. More Info...  

Economy News AP - Housing construction plunged to the lowest level in nearly a decade last month as the housing industry continued to struggle with a severe slowdown. Meanwhile, wholesale prices dropped by 0.6 percent in January, the biggest amount in three months, providing fresh evidence that inflation pressures are easing. More Info...  

AP - Democratic presidential candidate Bill Richardson said Friday that President Bush should learn from recent successes with North Korea and engage in intense diplomatic negotiations in the Middle East to end the Iraq war.

FT.com - An upbeat assessment of the US economy by Ben Bernanke, the Federal Reserve chairman, helped to drive shares and bonds higher this week in spite of rising concern over the potential for an unwinding of the so-called carry trade. More Info...  

AP - Construction of new homes and apartments plunged by 14.3 percent in January, the Commerce Department reported Friday. More Info...  

Reuters - U.S. producer prices shrank a slightly bigger-than-forecast 0.6 percent in January, government data showed on Friday, as energy prices declined sharply while core producer prices inched up as expected.

Reuters - The pace of U.S. home construction fell 14.3 percent in January, the sharpest drop since October that bucked two months of increases and that was much worse than economists had expected, a government report on Friday showed.

Economy News

AP - Industrial output fell in January by the largest amount in 17 months, reflecting huge cutbacks at auto factories and weakness in housing-related industries.

Reuters - Weakness in the U.S. housing market showed no signs of abating through the end of 2006 as sales slid in 40 states and prices dropped in metro regions with major price gains in recent years, a real estate trade association said on Thursday.