Home » Posts tagged with » recession (Page 3)

Economy loses speed in spring; more weakness ahead

Comments Off

U.S. economic growth tailed off sharply in the spring and probably isn’t faring any better now. The Commerce Department reported Thursday that gross domestic product – the broadest measure of the economy’s health – expanded at a feeble 1.7 percent annual rate in the April-to-June quarter. The new reading is a notch higher than the… Continue Reading Economy loses speed in spring; more weakness ahead

Continue reading …

Despite economy, Americans don’t want farm work

Comments Off

As the economy tanked during the past two years, a debate has raged over whether immigrants are taking jobs that Americans want. Here, amid the sweltering vineyards of the largest farm state, the answer is no. Most Americans simply don’t apply for jobs harvesting fruits and vegetables in California, where one of every eight people… Continue Reading Despite economy, Americans don’t want farm work

Continue reading …

Home sales up 7.6% nationwide in August

Comments Off

Sales of previously occupied homes rose last month, but not enough to keep August from being the second-worst month for sales in more than a decade. Sales rose 7.6 percent in August from July to a seasonally adjusted annual rate of 4.13 million, the National Association of Realtors said Thursday. Sales were down 19 percent… Continue Reading Home sales up 7.6% nationwide in August

Continue reading …

Colo. jobless claims drop to two-year low

Comments Off

The number of Coloradans filing unemployment benefits claims has dropped to the lowest level in nearly two years. The U.S. Department of Labor said today that the number of Coloradans receiving continued unemployment benefits also fell, to 54,293, down nearly 27 percent from mid-July and at the lowest level seen since January 2009. A total… Continue Reading Colo. jobless claims drop to two-year low

Continue reading …

The Federal Reserve, meeting for the last time before an election that hinges on the weak economy, edged closer Tuesday to jumping in to help and suggested it’s more worried about prices falling than rising. The central bank gathered as new figures showed some improvement in home construction. But those same figures showed the pace… Continue Reading Fed moves closer to new action to help economy

Continue reading …

Economic panel says recession ended in 2009

Comments Off

The longest recession the country has endured since World War II ended in June 2009, according to a group that dates the beginning and end of recessions. The National Bureau of Economic Research, a panel of academic economists based in Cambridge, Mass., says the recession lasted 18 months. It started in December 2007 and ended… Continue Reading Economic panel says recession ended in 2009

Continue reading …

Examiners swamped by growing number of bad banks

Comments Off

A rising tide of struggling banks in Colorado has short-handed state regulators straining to stay ahead. The budget at the state’s Division of Banking is down just a smidgen from last year, but the number of bank exams the division must do this year has jumped sharply — 45 percent. Unhealthy banks are a risk… Continue Reading Examiners swamped by growing number of bad banks

Continue reading …

2 big threats to the economy shrink a bit

Comments Off

The economy may have a long way to go, but at least two big threats are fading. Economists are less worried that the U.S. will experience another round of mass layoffs and its first bout of deflation since the 1930s after the release of two government reports Thursday. The third drop in jobless claims in… Continue Reading 2 big threats to the economy shrink a bit

Continue reading …

New unemployment claims fall to lowest in 2 months

Comments Off

The number of newly laid-off U.S. workers seeking unemployment benefits dropped slightly last week to its lowest level in two months, a sign that employers are cutting fewer jobs. The Labor Department said Thursday that new claims for jobless benefits fell by 3,000 to a seasonally adjusted 450,000, the third decline in four weeks. Many… Continue Reading New unemployment claims fall to lowest in 2 months

Continue reading …

The Colorado State Parks Board is considering raising fees for entrance passes, some campgrounds and other facilities to make up for declining state funding. The board is meeting Thursday in Basalt. Members are looking at raising the daily entrance fee by $1 and camping fees at a dozen of the most popular parks by $2… Continue Reading State parks board considers higher fees

Continue reading …