ISM: manufacturing sector grew for 2nd straight month in Sept.; pace of new orders slowsOctober 1st, 2009 ISM: Manufacturing sector grew in SeptemberNEW YORK — A private measure of the manufacturing sector grew for a second straight month in September, but at a slower pace than in August, another sign pointing to a bumpy economic recovery. The Institute for Supply Management, a trade group of purchasing executives, said Thursday that its index measuring the industrial sector read 52.6 last month.
Summary Box: Economic recovery in progress after recession eased in spring; bumpy road aheadSeptember 30th, 2009 Summary Box: Economic recovery looks bumpyTHE WAY WE WERE: The economy contracted at a pace of 0.7 percent in the second quarter, a vast improvement from the first three months of this year, when the economy shrank at a pace of 6.4 percent, the biggest downhill slide in nearly three decades. THE RECOVERY PHASE: Many analysts predict the economy returned to growth in the just-ended third quarter at a pace of at least 3 percent.
Trade group's measure of US service sector activity dips in Aug. at slowest pace in 11 monthsSeptember 3rd, 2009 US service sector contraction slows in AugustNEW YORK — A trade group's measure of U.S. service sector activity shows last month's decline was the slowest in 11 months.
Stocks mostly gain as US economic output contracts at slower pace than earlier in the yearJuly 31st, 2009 Stocks mostly rise as GDP shrinks at slower paceNEW YORK — Traders used good news about the economy Friday to give the Dow Jones industrials their best July in 20 years. Stocks closed mostly higher Friday after the government said the economy shrank at a slower pace than expected in the April-June quarter.
White paint index points to less weakness in housing, factory activityJuly 14th, 2009 Price of white paint component dips at slower paceWASHINGTON — The price of a key ingredient in white paint is declining at a slower pace, a signal that the weakness in housing and factory activity should let up a bit. Titanium dioxide prices fell 4.6 percent over the 12 months ending in June, the Labor Department reported Tuesday.
Economist: Midwest, Plains survey suggests economic improvement, but job losses persistJuly 1st, 2009 Economist: Midwest economy shows improvementOMAHA, Neb. — A survey of business leaders in nine Midwestern and Plains states suggests that the region's economy continues to show signs of improvement, but job losses persist.
A look at the hardest hit counties, according to the AP Economic Stress IndexJune 14th, 2009 A look at the hardest hit countiesThe AP Economic Stress Index uses unemployment, bankruptcy and foreclosure rates from each U.S. county to calculate the recession's impact on a scale of 1 to 100, with 100 being the worst-case scenario.
Layoffs, foreclosures, bankruptcies stuck at high levels, but AP map shows recession easingJune 8th, 2009 AP analysis: recession' grip eases in AprilThe economy's tailspin gave way to a more controlled descent in the spring, according to The Associated Press' monthly analysis of economic stress in more than 3,100 U.S. counties. Still, troubles persist in California related to the housing bust and in the Midwest, pounded by manufacturing layoffs.
Troubles aren't over, but AP map shows slower pace of decline in US economyJune 8th, 2009 AP analysis shows recession's impact moderatingThe recession's grip loosened slightly this spring as seasonal hiring picked up and helped offset rising bankruptcies and foreclosures, according to the Associated Press' monthly analysis of the economic pain in more than 3,100 U.S. counties. The latest results of the AP's Economic Stress Index show the free fall that marked the autumn of 2008 and winter of 2009 gave way in April to a more controlled descent, possibly even a bottom.
Government jobs' recession shield at workJune 7th, 2009 Government jobs' recession shield at workAn AP analysis of economic data from around the country shows that economic pain in a county decreases as the percentage of government workers in its work force rises. Facts and figures about some of the counties around the country enjoying relative prosperity because of heavy concentrations of government jobs:
Leon County, Fla.
Private group says service sector contracts at slowest pace since OctoberJune 3rd, 2009 Group says US service economy shrinks in MayNEW YORK — The U.S. services economy shrank in May at the slowest pace since October, a private group said Wednesday.
Investors push stocks higher, relieved by better-than-expected jobs data, stress test resultsMay 9th, 2009 Stocks rise on better-than-expected jobs dataNEW YORK — Stocks soared Friday as Wall Street cheered the positive news it had been hoping for: Job losses slowed in April and big banks don't need as much capital as some had feared. All the major indicators rose more than 1 percent, including the Dow Jones industrial average, which jumped 165 points.
US service sector index contracts for 7th straight month; pace of decline slower than expectedMay 5th, 2009 US service sector contracts, but at slower paceWASHINGTON — A private measure of the U.S. services sector contracted for the seventh straight month in April but at a slower pace, the latest sign the economic downturn could be moderating.
Manufacturing index shows contraction in April, but rate slows from MarchMay 1st, 2009 Report shows slower manufacturing contractionPITTSBURGH — U.S. manufacturing activity contracted at a slower-than expected pace in April, according to figures from a private trade group that suggest the economic decline may be moderating.
Manufacturing declines at slower rate, raising hopes; factory orders fall more than expectedMay 1st, 2009 Manufacturing declines at slower rate in AprilWASHINGTON — U.S. manufacturing activity in April posted its best showing since September, when the financial crisis erupted.
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