Stories by Martin Crutsinger

Friday, Feb. 27, 2015

US economic growth in fourth quarter revised down to 2.2 percent

WASHINGTON — The U.S. economy slowed more sharply in the final three months of the year than initial estimates, reflecting weaker business stockpiling and a bigger trade deficit.
By Martin Crutsinger

Wednesday, Feb. 25, 2015

GOP lawmakers accuse Fed chief of political bias

WASHINGTON - Federal Reserve Chairwoman Janet Yellen came under fire Wednesday from House Republicans, who challenged the central bank's lack of accountability during her second day of testimony ...
By Martin Crutsinger

Tuesday, Feb. 24, 2015

Yellen reiterates Fed's patience in raising rates

Yellen: Fed won't hike interest rates until it sees more economic progress, stronger inflation.
By Martin Crutsinger

Wednesday, Feb. 18, 2015

Fed officials hesitant to raise rates

Federal Reserve officials struggled last month to assess when economic data might prompt them to raise interest rates from record lows - and how best to convey their intentions to investors, ...
By Martin Crutsinger

Thursday, Feb. 5, 2015

US trade deficit jumps 17.1 percent to $46.6 billion

US trade deficit jumps 17.1 percent in December to $46.6 billion, highest since late 2012.
By Martin Crutsinger

Wednesday, Jan. 21, 2015

US home construction up 4.4 percent in December

WASHINGTON — Construction of new homes rebounded in December, helping to push activity for the entire year to the highest level since the peak of the housing boom nine years ago.
By Martin Crutsinger

Tuesday, Jan. 6, 2015

US factory orders fell in November

US factory orders in November fell for fourth month; key investment category also down.
By Martin Crutsinger

Tuesday, Dec. 23, 2014

US economy grew at fast 5 percent annual rate in Q3

WASHINGTON — The U.S. economy grew at a sizzling 5 percent annual rate in the July-September period, the fastest in more than a decade, on the strength of higher consumer spending and business ...
By Martin Crutsinger

Thursday, Dec. 18, 2014

Gauge of US economy rises 0.6 percent in November

WASHINGTON — An index designed to predict the future health of the economy posted a third straight solid gain in November.
By Martin Crutsinger

Wednesday, Dec. 17, 2014

Fed promises 'patient' approach on interest rates

WASHINGTON - The Federal Reserve is edging closer to raising interest rates from record lows given a strengthening U.S. economy. But it will be "patient" in deciding when to do so. 
By Martin Crutsinger

Tuesday, Dec. 16, 2014

US home construction drops 1.6 percent in November

US home construction falls 1.6 percent in November as single-family construction declines.
By Martin Crutsinger

Monday, Dec. 15, 2014

Fed unlikely to signal rate increase

Most economists think the Federal Reserve will wait until June to raise short-term rates for the first time since it cut them to record lows in 2008 during the financial crisis. Some think that as ...
By Martin Crutsinger

Monday, Dec. 8, 2014

Economists forecast fast growth in 2015

Top business economists believe 2015 could bring US strongest growth in a decade.
By Martin Crutsinger

Friday, Dec. 5, 2014

US trade deficit drops to $43.4 billion in October

WASHINGTON — The U.S. trade deficit fell slightly in October as exports rebounded while oil imports dipped to the lowest level in five years.
By Martin Crutsinger

Wednesday, Nov. 26, 2014

US new home sales up 0.7 percent in October

WASHINGTON — Sales of new U.S. homes edged up modestly in October, led by a big jump in activity in the Midwest.
By Martin Crutsinger

US consumer spending up 0.2 percent in October

WASHINGTON — U.S. consumers spent modestly more in October, a slight improvement after no gain at all in the previous month.
By Martin Crutsinger

US orders for durable goods up 0.4 percent

WASHINGTON — Orders to U.S. factories for long-lasting manufactured goods rose in October, but a key category that tracks business investment plans declined sharply for a second straight month.
By Martin Crutsinger

Tuesday, Nov. 25, 2014

US economy grew at 3.9 percent rate in 3rd quarter

WASHINGTON — The U.S. economy grew at a solid 3.9 percent annual rate in the July-September period, even faster than first reported, giving the country its strongest six months of growth in more ...
By Martin Crutsinger

Thursday, Nov. 20, 2014

Gauge of US economy posts 0.9 percent October gain

Gauge of US economy posts healthy 0.9 percent rise in October, best showing since July.
By Martin Crutsinger

Wednesday, Nov. 19, 2014

home construction drops 2.8 percent

WASHINGTON — Construction of new homes fell slightly in October after a big surge in the previous month, but the weakness was largely driven by the volatile apartment sector.
By Martin Crutsinger
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