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Lucia Mutikani

Strong U.S. job growth showcases economy's resilience

06 Dec 2019

WASHINGTON U.S. job growth increased by the most in 10 months in November as the healthcare industry boosted hiring and production workers at General Motors returned to work after a strike, the strongest sign yet the economy is in no danger of stalling. | Video

Returning General Motors workers seen boosting U.S. November payrolls

06 Dec 2019

WASHINGTON U.S. job growth likely accelerated in November as former striking workers returned to General Motors' payrolls, which would confirm that the economy remained on a moderate expansion path despite a prolonged manufacturing slump.

U.S. trade deficit shrinks sharply; labor market tight

05 Dec 2019

WASHINGTON The U.S. trade deficit dropped to its lowest level in nearly 1-1/2 years in October, suggesting trade could contribute to economic growth in the fourth quarter, though a broad decline in imports hinted at a slowdown in domestic demand.

U.S. services sector, private payrolls growth slow

04 Dec 2019

WASHINGTON U.S. services sector activity slowed in November as lingering concerns about trade tensions and worker shortages pushed production to its lowest level in a decade, which could heighten fears about the economy's health. | Video

U.S. manufacturing contracts further, tempers economic growth hopes

02 Dec 2019

WASHINGTON U.S. factory activity contracted for a fourth straight month in November as new orders slumped back to around their lowest level since 2012, while construction spending fell in October, tempering optimism over the economy that had been fanned by a recent run of upbeat reports.

U.S. economy picks up in third-quarter; data surprise on the upside

27 Nov 2019

WASHINGTON U.S. economic growth picked up slightly in the third quarter, rather than slowing as initially reported, and there are signs the downturn in business investment may be drawing to a close.

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