Economy / Tags / Reading

ECONOMY Mon Nov 3, 2008 @ 3:01pm neoform

biz.yahoo.com -- NEW YORK (AP) -- Business at manufacturers from plastic companies to lumberyards plummeted to the lowest level in 26 years in October, in what many economists called a sure sign of recession. The Institute for Supply Management said Monday its manufactur.. Read More

ECONOMY Fri Oct 24, 2008 @ 12:01pm neoform

biz.yahoo.com -- Sales of existing homes rose in September, but prices continued to drop, according to the latest reading on the battered housing market by an industry trade group released Friday. The National Association of Realtors reported that sales by homeowners jum.. Read More

ECONOMY Thu Oct 16, 2008 @ 9:01am neoform

biz.yahoo.com -- NEW YORK (AP) -- Stock futures are rising on a government report that consumer prices remained flat last month rather than increasing as forecast. A weekly reading on unemployment also showed jobless claims declined. The flat reading on September's Consu.. Read More

ECONOMY Tue Sep 2, 2008 @ 12:01pm neoform

biz.yahoo.com -- NEW YORK (AP) -- U.S. manufacturing activity slipped in August and construction spending dropped to the lowest level in seven years in July as consumer spending and housing show no signs of reviving. The Institute for Supply Management said Tuesday its r.. Read More

ECONOMY Sat Aug 30, 2008 @ 9:00am neoform

biz.yahoo.com -- The Reuters/U. Mich. consumer sentiment index rose to 63 in Aug. from the midmonth reading of 61.7 and July's 61.2 as gasoline prices fell. It was the best reading since March, but 90% of consumers believe the economy is in a recession. Japanese inflation.. Read More

ECONOMY Thu Aug 28, 2008 @ 6:01pm neoform

biz.yahoo.com -- The government reported Thursday that the economy grew at a 3.3 percent annual rate in the second quarter, up substantially from its initial estimate of a 1.9 percent pace. Here's a look at what factored into the higher gross domestic product reading: P.. Read More

ECONOMY Mon Aug 25, 2008 @ 12:01pm neoform

biz.yahoo.com -- Sales of existing homes rose more than expected in July, but prices continued to fall and inventory increased. That's according to the latest reading on the battered housing market by an industry trade group released Monday. The National Association of R.. Read More

ECONOMY Tue Aug 5, 2008 @ 12:01pm neoform

biz.yahoo.com -- NEW YORK (AP) -- The U.S. service sector contracted in July -- though less than expected -- as new orders decreased and prices rose, stifling growth for truckers, retailers and insurers. The Institute for Supply Management, a trade group of purchasing ex.. Read More

ECONOMY Fri Aug 1, 2008 @ 12:01pm neoform

biz.yahoo.com -- NEW YORK (AP) -- Higher prices, tight credit and a gloomy economy kept U.S. manufacturers from growing in July, but exports helped prop them up. The Institute for Supply Management said its reading of activity from the country's producers of cars, airpla.. Read More

ECONOMY Thu Jul 31, 2008 @ 9:01am neoform

biz.yahoo.com -- The economy grew at a faster pace in the spring, but not quite as fast as expected, according to a government reading likely to spur further debate over whether the economy has fallen into a recession. The gross domestic product, the broad measure of the.. Read More

ECONOMY Tue Jul 8, 2008 @ 12:01pm neoform

biz.yahoo.com -- WASHINGTON (AP) -- A measurement of pending home sales fell to the third-lowest reading on record in May as the housing market's recovery continued to prove elusive. The National Association of Realtors' seasonally adjusted index of pending sales for exi.. Read More

ECONOMY Wed Jul 2, 2008 @ 12:01pm neoform

biz.yahoo.com -- NEW YORK (AP) -- Treasury prices rose Wednesday as investors prepared for another downbeat reading on the U.S. job market. On Thursday, ahead of the July 4th holiday, the Labor Department is scheduled to report on job creation and the unemployment rate i.. Read More

ECONOMY Thu Jun 26, 2008 @ 6:00pm neoform

biz.yahoo.com -- NEW YORK (AP) -- Americans are overwhelmed by record gasoline prices, weakness in the job market, and rising energy and food costs. On Friday, economists expect a final reading on the June Reuters/University of Michigan Consumer Sentiment index at 56.9,.. Read More

ECONOMY Thu Jun 26, 2008 @ 9:01am neoform

biz.yahoo.com -- NEW YORK (AP) -- Wall Street is headed for a lower opening after the government issued a stronger-than-expected reading on first-quarter economic growth and said unemployment claims remained unchanged last week. The Commerce Department revised its gross.. Read More

ECONOMY Tue Jun 24, 2008 @ 12:00pm neoform

biz.yahoo.com -- A key measure of consumer confidence dropped in June to the fifth lowest reading ever, as Americans grew more concerned about their jobs and more pessimistic about business conditions. The New York-based Conference Board said Tuesday that its Consumer Co.. Read More

ECONOMY Wed Jun 11, 2008 @ 9:01am neoform

biz.yahoo.com -- TOKYO (AP) -- Japan on Wednesday raised its reading for economic growth in the first quarter, driven up by a stronger-than-expected increase in capital investment. But economists warned the world's No. 2 economy could slow to a standstill later this year... Read More

ECONOMY Sat Jun 7, 2008 @ 12:01pm neoform

biz.yahoo.com -- Wholesale inventories jump 1.3% Wholesalers' stockpiles shot up far more in April than the 0.5% expected, though it was likely driven by higher prices for oil and food. March inventories were revised up to a 0.1% gain vs. the initial reading of a 0.1% dr.. Read More

ECONOMY Wed Jun 4, 2008 @ 6:00pm neoform

biz.yahoo.com -- NEW YORK (AP) -- Treasury prices fell Wednesday as the stock market rebounded from two straight sessions of losses and a reading on the service sector indicated modest growth for the second consecutive month. The Institute for Supply Management's service.. Read More

ECONOMY Wed Jun 4, 2008 @ 12:01pm neoform

biz.yahoo.com -- A key survey of service sector executives released Wednesday showed business activity rose at a somewhat slower rate in May, even as employers cut payrolls and prices continued to rise. The Institute for Supply Management's (ISM) non-manufacturing index.. Read More

ECONOMY Mon Jun 2, 2008 @ 12:01pm neoform

biz.yahoo.com -- NEW YORK (AP) -- A private trade group said Monday manufacturing activity contracted in May, hobbled by rising costs and weak consumer demand. The reading of 49.6 for the overall index from the Institute for Supply Management was up from 48.6 percent in.. Read More