Jennifer Lee
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US retail sales rise unexpectedly despite blizzards
Mar 12, 2010 13:00 EST
The storied American consumer braved blizzards and economic headwinds to shop in February, unexpectedly pushing up retail sales for the second straight month, official data showed Friday.
US retail sales rise despite blizzards
Mar 12, 2010 11:41 EST
The storied American consumer braved blizzards and economic headwinds to shop in February, unexpectedly pushing up retail sales for the second straight month, official data showed Friday.
Pending home sales fall 7.6 pct. in Jan
Mar 04, 2010 11:10 EST
January pending home sales fall unexpectedly, sinking 7.6 percent in sign of dropping demand. The number of buyers who agreed to purchase a home fell sharply in January, a sign that demand for housing is sinking this winter as stormy weather slammed Eastern states.
Leading indicators rise 0.3 pct in January
Feb 18, 2010 11:04 EST
Leading indicators rise more slowly in January, still suggests economic growth through spring. A forecast of future economic activity grew at a slower pace in January, but still suggests that the economy will continue to grow through spring.
Home construction dips; permit applications surge
Jan 20, 2010 09:09 EST
Housing construction falls 4 percent in December; building permits rise 11 percent. Construction of new homes dipped unexpectedly last month as bad weather hit much of the country. Applications for future projects, however, soared in a sign the industry is ramping up after a debilitating bust.
Immigrant sheepherders endure harsh work, low pay
Jan 14, 2010 06:14 EST
Advocates push change in working conditions for isolated immigrant sheepherders. Alone and thousands of miles from home, the immigrant sheepherder roams some of the West's most desolate and frigid landscapes, tending a flock for as little as $600 a month without a day off on the horizon.
Leading indicators rise for 8th straight month
Dec 17, 2009 11:14 EST
Leading indicators rise in Nov. for 8th straight month, sign that economy will grow in 2010. A forecast of U.S. economic activity rose for the eighth straight month in November, a private research group said, signaling the economic rebound will continue next year.
October trade deficit drops to $32.9 billion
Dec 10, 2009 10:32 EST
US trade deficit narrows as exports surge to highest level in nearly a year; oil imports dip. The U.S. trade deficit unexpectedly narrowed in October as exports surged to the highest level in nearly a year. Growing exports, boosted by a weaker dollar, are expected to boost demand for American manufactured goods in coming months and provide important strength to the overall economic recovery.
Oregon tree hunters tell of 2 nights stuck in snow
Dec 04, 2009 07:58 EST
Oregon Christmas tree hunters stuck in mountains for 2 nights drove into quicksand-like snow. The search for the perfect Christmas tree has led Keith and Jennifer Lee on some unexpected adventures but nothing quite like this week's journey into Oregon's high country.
Leading economic indicators signal slow growth
Nov 19, 2009 11:07 EST
Private forecast of economic activity rises less than expected in Oct., slow growth in 2010. A private forecast of economic activity over the next six months edged up less than expected in October, signaling slow, bumpy growth next year.
Pay, benefits rise at slowest pace since 1982
Oct 30, 2009 12:19 EDT
Wages, benefits rise at the slowest annual pace since 1982, as high unemployment limits pay. Wages and benefits rose by the smallest amount on record in the 12 months ending in September, as high unemployment limits the income growth of workers still receiving paychecks.
Pay, benefits rise at slowest pace since 1982
Oct 30, 2009 12:19 EDT
Wages and benefits rose by the smallest amount on record in the 12 months ending in September, as high unemployment limits the income growth of workers still receiving paychecks.
Economy recovering in many areas, but not others
Oct 21, 2009 18:12 EDT
The Midwest is starting to see a comeback in manufacturing and technology. Home sales are rising in parts of the Northeast. But states like Florida, Nevada and California, still suffering from the housing bust, remain depressed.
Fed says economy perked up from depressed levels
Oct 21, 2009 15:11 EDT
WASHINGTON (Reuters) - U.S. economic conditions stabilized or improved modestly in most parts of the country, according to a Federal Reserve report on Wednesday that suggested the economy was slowly clawing out of a recession.
Industrial output up more than expected in Sept.
Oct 16, 2009 13:58 EDT
Industrial production rises more than expected in September on higher auto, steel output. Output at the nation's factories, mines and utilities rises for the third straight month, but some economists say the manufacturing growth that has helped lead the nascent economic recovery may slow as federal stimulus programs are phased out.
U.S. durable goods orders drop, home sales rise
Sep 25, 2009 17:09 EDT
WASHINGTON (Reuters) - New orders for long-lasting U.S. manufactured goods fell in August and sales of new homes rose below expectations, government data showed on Friday, fanning fears that recovery from recession would be anemic.
New home sales tick up, disappoint analysts
Sep 25, 2009 16:48 EDT
New home sales in August inch up 0.7 percent, but results miss Wall Street expectations. The housing market is making a comeback, but it's not impressing anybody. New home sales rose a tepid 0.7 percent last month, missing Wall Street expectations.
U.S. leading index at 1-1/2-year high, loan defaults up
Sep 21, 2009 16:37 EDT
WASHINGTON (Reuters) - A measure of the U.S. economy's prospects scaled a 1-1/2-year high in August but a record rise in home loan defaults cast doubts on the durability of the apparent recovery from recession.
Meltdown 101: Leading economic indicators
Sep 21, 2009 16:26 EDT
Meltdown 101: What are leading economic indicators, and what do they say about the economy?. The Conference Board's leading economic indicators are offering positive signs about the economy's future. They've risen for five months straight ? a sign not only that the recession has likely ended, but also that we'll probably see growth continue into next year.
July wholesale figures point to economic growth
Sep 11, 2009 12:54 EDT
July wholesale figures signal economic growth in current quarter; inventories dip, sales grow. Businesses reduced inventories at the wholesale level for a record 11th consecutive month in July, although sales rose by the largest amount in more than a year, sparking hope for better days ahead.
