US Economy - Page 12

AP - Strong demand for corn from ethanol plants is driving up the cost of livestock and will raise prices for beef, pork and chicken, the Agriculture Department said Friday.

Reuters - Inflation pressures fell in February due mainly to measures for vendor performance and the job market, which were partly offset by inflationary moves in interest rates and commodity prices, a report said on Friday. More Info...  

Reuters - The U.S. economy added a slightly weaker-than-expected 97,000 jobs in February, the smallest gain in more than two years, as increases in service-sector employment offset declines in construction and manufacturing, a government report showed on Friday.

Reuters - Investors are betting the economy generated just 75,500 jobs in February, short of prevailing Wall Street forecasts closer to 100,000, according to the results of a derivatives auction. More Info...  

Reuters - U.S. businesses likely took on a moderate amount of new hires in February even as the economy started showing some more signs of weakness, economists say.

Economy News AP - The number of laid-off workers filing claims for unemployment benefits declined last week, providing a slight break from a recent rise in layoffs. More Info...  

AP - The net worth of U.S. households climbed to a record high in the final quarter of last year, boosted mostly by gains on stocks, the Federal Reserve reported Thursday. More Info...  

Reuters - Workers filing for initial unemployment benefits fell 10,000 to a seasonally adjusted 328,000 last week, a government report said, to a slightly lower level than Wall Street expected.

Reuters - The net wealth of U.S. households rose to $55.63 trillion in the fourth quarter of 2006, and domestic debt grew at a faster rate than in the third quarter, a Federal Reserve report showed on Thursday. More Info...  

Reuters - The number of U.S. workers claiming first-time jobless benefits fell 10,000 to a seasonally adjusted 328,000 last week, slightly lower than Wall Street expectations, a government report showed.

Reuters - U.S. growth slowed in some parts of the country last month and private employers hired fewer people than expected, according to reports on Wednesday that chime with other weak signals from the economy. More Info...  

Economy News

Reuters - U.S. growth slowed in some parts of the country last month and private employers hired fewer people than expected, according to reports on Wednesday that chime with other weak signals from the economy.

Reuters - U.S. chief executives and chief financial officers expect continued growth in the economy, even as major indexes wobble on investor anxiety, according to a pair of quarterly surveys released on Wednesday. More Info...  

AP - Most parts of the country saw modest economic growth in the past month, although there were pockets of sluggishness as businesses continued to cope with fallout from the troubled housing and automotive industries. More Info...  

AP - Reports on economic conditions from the Federal Reserve's 12 regional bank districts. The survey was released Wednesday. More Info...  

AP - Consumers borrowing increased in January, reflecting an increase in auto loans. More Info...  

Reuters - U.S. consumer credit rose $6.44 billion in January as growth in closed-end consumer loans for cars, holidays and other big-ticket items outstripped slower growth in credit card usage, a Federal Reserve report showed on Wednesday.

AFP - The modest pace of US economic activity is continuing for the most part with "some slowing" in a few regions and weakness in a few sectors, the Federal Reserve said in its Beige Book report Wednesday.

Reuters - A bottom has been hit in the decline of U.S. home sales, said former Federal Reserve Chairman Alan Greenspan on Wednesday. More Info...  

Reuters - U.S. private employers likely added 57,000 new jobs in February, about half of what economists had expected, according to a report released on Wednesday, indicating weakness in the labor market and a slowing economy. More Info...