All Posts Tagged Tag: ‘US economy’

US Adds 288,000 Jobs, Jobless Rate Lowest in Years

The US economy seems to be on the rise this month as we come off of a very successful April, during which the US added an astounding 288,000 jobs and pushed the jobless rate to 6.3%. That is the lowest we have seen it since 2008, and the best monthly increase since January of 2012. Economists polled by Bloomberg before …

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U.S. Economy Stall In Q1: Weather To Blame?

The US economy just barely grew in the first quarter of this year, and many might say the rough winter is to blame. Exports plummeted and companies bought stocks at a snail’s pace. In the last quarter of 2013, gross domestic product grew at 2.6%. This past quarter showed a slow down to .1%. The slow down wasn’t a surprise, …

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U.S. GDP Increases 3.2% in 4th Quarter

Ever since the government shutdown occurred in October last year, economists and consumers alike have been worried about the future state of the United States economy. Thanks to the latest reports from the Commerce Department, however, those fears should be allayed. During the 4th quarter last year, the GDP of the US rose 3.2%. While this figure is down from …

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Home Sales Rose in July, But Prices Didn’t Follow

The U.S. Department of Commerce announced yesterday that residential home sales throughout the U.S. rose 3.6% in July over home sales in June. The July sales rate matches the rate seen in May, which was the highest rate seen in just over two years. The sales, estimated at 372,000 homes, are also 25.3% more than July home sales in 2011, …

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Marketeers to Spend $36 Billion for Online Ads this Year

Magnaglobal, a devision of IPG Megabrands, has released their forecast for ad expenditures for 2012 and they claim, non-traditional spending, in other words, online advertising, will increase by over 12% this year. That means marketeers and advertisers will be sinking about $36 billion into internet advertising alone. Vincent Letang, EVP and head of global forecasting at MagnaGlobal comments on the …

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Could Manufacturing Save The U.S. Economy?

While economic growth in the United States is expected to slow in the first quarter of 2012, the manufacturing industry is expected to grow. In the past two years manufactureres have added 330,000 new jobs. Part of the reason for this growth has to do with rising costs in foreign manufacturing. When costs rise elsewhere, manufacturing in the United States …

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