TheRepublic.com - Economic growth News

Investors shift focus to growth stocks

Fri, 24 May 2013 16:17:18 -0400

NEW YORK - Growth stocks, neglected at the start of the year, are starting to get a bit of love from investors again.

Summer travel forecast: Better, but no blowout

Fri, 24 May 2013 14:39:30 -0400

NEW YORK - This summer, high rollers are flying to lavish hot spots for their vacations. The rest of us are driving to less luxurious places like nearby campgrounds.

US durable goods orders rise 3.3 percent in April

Fri, 24 May 2013 09:27:06 -0400

WASHINGTON - U.S. orders for long-lasting manufactured goods rebounded in April, buoyed by more demand for aircraft and stronger business investment. The gains suggest economic growth may be holding steady this spring.

Taiwan cuts growth forecast on muted export demand

Fri, 24 May 2013 05:49:21 -0400

TAIPEI, Taiwan - Taiwan has lowered its economic growth forecast for 2013 to a muted 2.4 percent as global demand for the island's electronics exports remained subdued.

Why worry? Less aid by Fed would point to recovery

Thu, 23 May 2013 17:30:58 -0400

WASHINGTON - Investors have grown nervous that the Federal Reserve will scale back its efforts to boost the U.S. economy sooner than many expected.

Between economy and trouble, Obama approval steady

Thu, 23 May 2013 12:51:50 -0400

WASHINGTON - The economy is recovering, the White House is dealing with multiple controversies, and President Barack Obama appears generally unaffected either way.

Applications for US unemployment aid fall to 340K

Thu, 23 May 2013 10:31:09 -0400

WASHINGTON - The number of Americans applying for unemployment benefits fell 23,000 last week to a seasonally adjusted 340,000, a level consistent with solid job growth.

Applications for US unemployment aid fall to 340K

Thu, 23 May 2013 09:39:09 -0400

WASHINGTON - The number of Americans applying for unemployment benefits fell 23,000 last week to a seasonally adjusted 340,000, a level consistent with solid job growth.

Survey shows China manufacturing contracting

Thu, 23 May 2013 01:16:20 -0400

BEIJING - A survey shows China's manufacturing contracted this month, adding to signs a fragile recovery in the world's No. 2 economy is slowing.

Fed weighed slowing its pace of bond purchases

Wed, 22 May 2013 14:52:07 -0400

WASHINGTON - Several Federal Reserve policymakers this month favored slowing the Fed's efforts to maintain record-low long-term interest rates as early as June - if the economy showed strong and sustained growth. But those officials appeared at odds over what evidence would demonstrate such gains.

Bernanke signals Fed to maintain stimulus efforts

Wed, 22 May 2013 14:29:44 -0400

WASHINGTON - Chairman Ben Bernanke told Congress Wednesday that the U.S. job market remains weak and that it is too soon for the Federal Reserve to slow its extraordinary stimulus programs.

Economic recovery in NH steady but slow progress

Wed, 22 May 2013 13:41:35 -0400

CONCORD, New Hampshire - With steady but slow growth, New Hampshire appears to have relinquished its traditional position as a regional leader in economic recovery, according to a report released Wednesday.

Forecast sees New England economy growing modestly

Tue, 21 May 2013 15:45:45 -0400

BOSTON - Modest economic growth is expected in New England over the next three years with the region as a whole returning to pre-recession employment levels by 2015.

Does France have right plan to revive its economy?

Tue, 21 May 2013 10:39:33 -0400

PARIS - The man charged with reviving France's shrinking economy and attracting businesses to invest here is gaining a reputation for doing the opposite.

Excerpts from recent Minnesota editorials

Mon, 20 May 2013 17:09:33 -0400

Duluth News Tribune, May 20

Mexico cuts growth outlook from 3.5 to 3.1 percent

Fri, 17 May 2013 15:48:15 -0400

MEXICO CITY - The Mexican government says it has cut its economic growth forecast for 2013 from 3.5 percent to 3.1 after exports stagnated and first-quarter GDP figures came in weak.

Greece faces slow, jobless recovery next year

Fri, 17 May 2013 13:34:09 -0400

ATHENS, Greece - Greece's deep, six-year recession is likely to end in 2014, but growth will be weak and unemployment will remain above 20 percent for another three years, the country's international debt inspectors said.

Gauge of US economy's future health up in April

Fri, 17 May 2013 11:41:03 -0400

WASHINGTON - A measure of the U.S. economy's future health rose solidly in April, buoyed by a sharp rise in applications to build homes and a better job market.

Merkel, Hollande at odds over Europe's way forward

Thu, 16 May 2013 13:55:52 -0400

BERLIN - Germany and France recognize that their cooperation is key to overcoming Europe's persistent economic crisis, but comments Thursday by the leaders of the continent's No. 1 and 2 economies suggested they still have diverging priorities.

Ratings firm warns of economic slowdown in Russia

Thu, 16 May 2013 11:16:22 -0400

MOSCOW - Russia faces harsh times ahead for its economy unless the government improves the country's poor investment climate and implements long-delayed privatizations and reforms, U.S ratings agency Standard & Poor's has warned.

Slower Chinese growth adds to pressure on leaders

Thu, 16 May 2013 02:10:28 -0400

BEIJING - Global economic malaise has knocked the stuffing out of Luo Yan's business making toy animals.

US wholesale prices fall 0.7 pct., most in 3 years

Wed, 15 May 2013 16:32:43 -0400

WASHINGTON - Sharp drops in fuel and food costs reduced a measure of U.S. wholesale prices in April by the most in three years. Outside those volatile categories, inflation stayed tame.

Eurozone recession is now longest in currency bloc

Wed, 15 May 2013 15:23:14 -0400

PARIS - The eurozone is now in its longest ever recession - a stubborn slump that has surpassed even the calamity that hit the region in the financial crisis of 2008-2009.

US factory output falls 0.4 percent in April

Wed, 15 May 2013 14:21:02 -0400

WASHINGTON - U.S. manufacturers cut back on production in April, as auto companies cranked out fewer cars, factories made fewer consumer goods and most other industries reduced output. The weakness suggests economic growth may be slowing.

Eurozone's struggling economies mired in recession

Wed, 15 May 2013 14:06:39 -0400

The eurozone is stuck in recession - its longest since the euro was founded in 1999. The latest figures from the European Union's statistics office show that the economy of the 17 EU countries that use the euro shrank for a sixth straight quarter, slumping by 0.2 percent in the January-March period from the previous three months.