US Economy - Page 7

Reuters - New orders at U.S. factories rose a weaker-than-expected 1.0 percent in February as orders for machinery and metals fell, a Commerce Department report showed on Wednesday.

FT.com - The Japanese stock market rose strongly on Wednesday morning, gaining from confidence about the outlook for the US economy and strong gains in some domestic sectors. More Info...  

Economy News

Reuters - Pending sales of existing U.S. homes rose above analysts' expectations in February, data from a real estate trade group showed on Tuesday, a signal that the housing sector may be stabilizing.

Reuters - Pending sales of existing U.S. homes rose above analysts' expectations in February, data from a real estate trade group showed on Tuesday, a signal that the housing sector may be stabilizing.

AP - Having trouble making ends meet living on your retirement nest egg? You might be owed some pension money. More Info...  

Economy News AP - In yet another sign that U.S. economic growth may be slowing, manufacturing companies reported Monday that business expanded at a lower-than-expected pace in March even as prices surged for raw materials. More Info...  

AP - In yet another sign that U.S. economic growth may be slowing, manufacturing companies reported Monday that business expanded at a lower-than-expected pace in March even as prices surged for raw materials. More Info...  

Reuters - An index of U.S. manufacturing grew at a slower pace in March than in February, with the inflation component showing a jump and employment contracting, according to a survey published on Monday.

Reuters - A credit crunch stemming from turmoil in the subprime mortgage market will trigger further weakness in housing and keep U.S. economic growth "below trend" most of this year, a UCLA Anderson Forecast unit said in a report on Monday.

AP - Confidence among Japanese manufacturers slipped in March for the first time in a year, according to a closely-watched Bank of Japan survey released Monday. More Info...  

Reuters - Japanese corporate sentiment worsened for the first time in a year amid growing concerns about the outlook for the U.S. economy and uncertainty over future oil price and yen movements, a Bank of Japan survey showed on Monday.

Economy News

Reuters - Japanese companies are slightly less optimistic about business conditions than they were three months ago amid growing concerns about the outlook for the U.S. and global economies, a Bank of Japan survey showed on Monday.

Economy News

AP - Consumers' spending and income showed bigger-than-expected gains in February, and construction posted the first increase in nearly a year, hopeful signs that the economic slowdown will not worsen.

AP - Consumers' spending and income showed bigger-than-expected gains in February, and construction posted the first increase in nearly a year, hopeful signs that the economic slowdown will not worsen.

FT.com - US and European government bonds benefited from a brief surge of safe haven buying on Friday, as the prospect of growing tension in the Middle East offset stronger than expected data on the US economy. More Info...  

Reuters - A raft of stronger-than-expected U.S. economic reports on Friday, including data on personal income, inflation and manufacturing, buttressed the view that the economy was on solid footing and interest rates were unlikely to fall any time soon.

Reuters - Consumer sentiment slid in March to its lowest in six months as worries about rising prices and slowing income gains weighed amid an uncertain economic outlook, a survey showed on Friday.

Economy News

Reuters - U.S. economic growth at the close of 2006 was revised up, according to a government report on Thursday that identified rising stocks of unsold goods as a key reason and cast a shadow over future prospects.

AP - After ending 2006 lethargically, the economy is expected to remain sluggish most of this year as businesses and consumers cope with fallout from the painful housing slump.

AFP - The US economy expanded at a 2.5 percent annualized pace in the fourth quarter of 2006, a bit faster than earlier estimates, revised data showed Thursday.