Home » Posts tagged with » economy (Page 3)

Voters say that creating jobs and strengthening manufacturing are top U.S. priorities, according to a poll of focus groups conducted by a bipartisan team of prominent Republican and Democratic pollsters. By a sizeable margin, voters rated manufacturing as the industry “most important to the overall strength of the American economy,” and support a national strategy… Continue Reading Voters: Jobs and manufacturing are top priorities

Continue reading …

  U.S. wholesale prices rose only slightly last month, as higher costs for food and pickup trucks offset another drop in energy prices. But overall inflation stayed mild, leaving the Federal Reserve room to take steps to boost the economy.   The Labor Department said Friday that the producer price index increased 0.1 percent in… Continue Reading U.S. wholesale prices rise 0.1 percent in June

Continue reading …

  On signs of a slowing economy the price of oil fell Thursday.   In the U.S., shoppers cut back on spending last month as many retailers reported disappointing sales.   Meanwhile, Europe and China lowered interest rates in an effort to spark consumer borrowing and spending. Interest rate cuts — and the expectation that… Continue Reading Oil prices lower after gov’t says supplies fell

Continue reading …

  U.S. employers in April posted the fewest job openings in five months, suggesting hiring will remain sluggish in the months ahead.   The Labor Department said Tuesday that job openings fell to a seasonally adjusted 3.4 million in April, down from 3.7 million in March. The March figure was the highest in nearly four… Continue Reading U.S. employers post fewest job openings in 5 months

Continue reading …

  The economy at risk, President Barack Obama accused Republicans on Friday of pursuing policies that would weaken the U.S. recovery, and he simultaneously urged Europe’s leaders to prevent an overseas debt crisis from dragging down the rest of the world.   At a White House news conference five months before Election Day, the president… Continue Reading Obama: Congress, Europe must stem economic crisis

Continue reading …

Belief in marketplace

Comments Off

One of the hallmarks of American capitalism is its faith in the efficiency of the marketplace. This means the setting of prices, the allocation of resources and the distribution of labor across different industries. Inefficiencies are ruthlessly punished. But how efficient is it when two companies producing the same product compete for market share? Isn’t… Continue Reading Belief in marketplace

Continue reading …

  The price of oil dipped below $93 a barrel on Thursday, extending a sharp two-week sell-off, as traders monitored Europe’s debt crisis and its potential impact on global growth.   Benchmark oil for June delivery rose 8 cents to $92.89 a barrel in midday trading on the New York Mercantile Exchange. The contract hit… Continue Reading Oil trades below $93 on euro crisis concern

Continue reading …

In some ways, the local economy is showing its strongest performance since bottoming out in February 2009, but there are still concerns about employment and real income, according to the Southern Economic Forum’s quarterly update. The regional manufacturing index is up 43 percent since the recession and consumer confidence is up 19 percent. Economists at… Continue Reading Local economy improving, but employment and income lag

Continue reading …

Thanks to a state effort, the Pikes Peak Workforce Center added more than $2 million to the local economy and helped 837 people find job training. The Colorado Enhanced Approved Training Program allows people in the state who are receing unemployment benefits to receive 50 percent more a week if they are attending a traning… Continue Reading Workforce program adds $2 million to local economy

Continue reading …

Employers posted slightly more job openings in February, suggesting that modest hiring gains will continue in coming months. The Labor Department said Tuesday that employers advertised 3.5 million job openings in February. That was a slight increase from a revised 3.48 million in January but still below the three-year high of 3.54 million in December.… Continue Reading Employers posted more job openings in February

Continue reading …