Government, Business

Strong Job Growth Continues With 353,000 Added in January

WASHINGTON — U.S. employers delivered a stunning burst of hiring to begin 2024, adding 353,000 jobs in January in the latest sign of the economy shrugging off a period of high interest rates.

Paul Wiseman | Associated Press
February 2, 2024
Government, Business

US Economy Grew at Strong 3.3% Rate to End 2023

WASHINGTON — The nation’s economy grew at a brisk 3.3% annual pace in Q4 as Americans showed a continued willingness to spend despite high interest rates and price levels.

Paul Wiseman | Associated Press
January 25, 2024
Government, Business

Energy, Housing, Food Drive Slight Uptick in US Inflation

WASHINGTON — Higher energy and housing prices boosted overall U.S. inflation in December, a sign that the Federal Reserve’s drive to slow inflation to its 2% target may remain a bumpy one.

Paul Wiseman | Associated Press
January 11, 2024
Government, Business

Economic Strength Persists With 216,000 New Jobs in December

The nation’s employers added a robust 216,000 jobs in December 2023, the latest sign that the American labor market remains resilient even in the face of sharply higher interest rates.

Paul Wiseman | Associated Press
January 5, 2024
Government, Business

Producer Prices in October Drop Most Since 2020

U.S. wholesale prices fell sharply last month as inflationary pressure continued to ease after a year and a half of higher interest rates.

Paul Wiseman | Associated Press
November 15, 2023
Government, Business

Job Growth Slows in October, but Still Sturdy at 150,000

WASHINGTON — The nation’s employers slowed their hiring in October, adding a modest but still decent 150,000 jobs, a sign that the labor market may be cooling but remains resilient.

Paul Wiseman | Associated Press
November 3, 2023
Government, Business

Labor Market Still Resilient, Adds 187,000 Jobs in August

The nation’s employers added 187,000 jobs in August, evidence of a slowing but still-resilient labor market despite the high interest rates the Federal Reserve has imposed.

Paul Wiseman | Associated Press
September 1, 2023
Government, Business

US Economic Growth for Q2 Revised Down to 2.1%

The economy expanded at a 2.1% annual pace from April through June, showing continued resilience in the face of higher borrowing costs, the government said Aug. 30.

Paul Wiseman | Associated Press
August 30, 2023
Government, Business

Inflation Rises for First Time in a Year to 3.2% Rate

WASHINGTON — Inflation rose in July after 12 straight months of declines, boosted by costlier housing. But core inflation matched the smallest monthly increase in nearly two years.

Paul Wiseman | Associated Press
August 10, 2023
Government, Business

Employers Add a Solid 187,000 Jobs in July

WASHINGTON — U.S. employers added 187,000 jobs in July, fewer than expected, as the higher interest rates continued to weigh on the economy. But the unemployment rate dipped to 3.5%.

Paul Wiseman | Associated Press
August 4, 2023