It’s the first decline since June 2009. Still, despite the dip, the nation’s industrial sector remains in an uptrend, and a weaker dollar may further boost international sales of key U.S. companies in the months ahead.
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In American public life, it’s hard to escape popular appeals about the virtues of the middle class. Yet a growing cadre of analysts are concerned about the steady erosion of the middle class and the industrial base that created…
The economy lost 95,000 jobs in September, because the private sector hired only 64,000 workers while governments cut 159,000. The jobless rate remains 9.6%. Minus the usual boosts from housing and consumers, the U.S. still lac…
The ISM services index grew at a better-than-expected pace in September, signaling continued economic growth — and lowering the risk of a double-dip recession. Stock markets are reacting with a powerful surge.
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Investors received some evidence Monday that the manufacturing sector’s expansion continued this summer. While the U.S. Commerce Department announced that factory orders fell 0.5% in August, the more-telling ex-transportation orders actually rose 0.9%….