Tag: Economic growth
Fed survey: US economy strong but hindered by bottlenecks
WASHINGTON — The Federal Reserve's latest nationwide business survey found that the economy strengthened further in late May and early June, despite supply-chain bottlenecks...
Fed survey: US economy strong but hindered by bottlenecks
WASHINGTON — The Federal Reserve's latest nationwide business survey found that the economy strengthened further in late May and early June, despite supply-chain bottlenecks...
UK economy remains 3.1% smaller than pre-pandemic level
LONDON — Official figures show that the British economy rebounded further in May following another easing of lockdown restrictions, though the increase was about...
EU upbeat over economic growth, concerned about inflation
BRUSSELS — European Union economies are set to rebound by their highest rates in decades as coronavirus restrictions ease, but still face risks posed...
Fewer working-age people may slow economy. Will it lift pay?
WASHINGTON — As America's job market rebounds this summer and the need for workers intensifies, employers won't likely have a chance to relax anytime...
As US companies scramble to hire, workers enjoy upper hand
WASHINGTON — With the economy growing rapidly as it reopens from the pandemic, many employers are increasingly desperate to hire. Yet evidence suggests that...
As US companies scramble to hire, workers enjoy upper hand
WASHINGTON — With the economy growing rapidly as it reopens from the pandemic, many employers are becoming desperate to hire. Yet the evidence suggests...
CBO projects federal deficit will hit $3 trillion this year
The Congressional Budget Office says that the federal budget deficit will again hit $3 trillion this year, $745 billion more than its estimate five...
World Bank raises China growth outlook to 8.5%
BEIJING — The World Bank raised its forecast of China’s economic growth this year to 8.5% from 8.1% and said Tuesday a full recovery...
Infrastructure spending promises boost for construction cos.
Plans to pump money into rebuilding the nation’s roads, bridges and other infrastructure could give companies with ties to the construction industry a solid...