No, it’s not a new plague. Rather, it’s a little-known economics thesis that explains why uneven productivity gains in different sectors can have a huge impact on everything from consumer spending to government deficits. The la…
Nearly half of Americans in a recent poll believe China has surpassed America as having the strongest economy in the world, and more than half blame outsourcing and the loss of manufacturing jobs for the shift.
…
Ford plans to invest $600 million in a Kentucky plant to build the next-generation Escape SUV, creating an 1,800 additional jobs, the automaker said Thursday. The new jobs will be added incrementally after the Louisville Assemb…
When it comes to predicting the U.S. economy, who has the best crystal ball? Lou Crandall, chief economist at economic advisory firm Wrightson ICAP, according to Bloomberg Markets magazine’s new list of top analysts released Th…
A key U.S. manufacturing index unexpectedly dipped slightly in November, but it remained at a level that indicates that the industrial expansion continues. Led by export demand, the factory sector expanded for the 16th consecut…