Stories by Martin Crutsinger

Friday, Sept. 26, 2014

Economy grew at 4.6 percent rate in April-June

WASHINGTON - The U.S. economy's bounce-back last quarter from a dismal winter was even faster than previously thought, a sign that growth will likely remain solid for rest of the year.
By Martin Crutsinger

Friday, Sept. 19, 2014

Gauge of US economy edges up 0.2 percent in August

The Conference Board's index of leading economic indicators rose in August.
By Martin Crutsinger

Wednesday, Sept. 17, 2014

Fed plans to keep key interest rate at record low

WASHINGTON - The Federal Reserve signaled Wednesday that it plans to keep a key interest rate at a record low because a broad range of U.S. economic measures remain subpar.
By Martin Crutsinger

Tuesday, Sept. 16, 2014

Speculation swirls around Fed meeting, interest rates

WASHINGTON - When the Federal Reserve issues a policy statement after it meets this week, the financial world will be on high alert for two words: "Considerable time."
By Martin Crutsinger

Monday, Sept. 15, 2014

US factory output drops 0.4 percent in August

US manufacturing output falls 0.4 percent in August, first decline since January; autos dip.
By Martin Crutsinger

Friday, Sept. 12, 2014

US business stockpiles up 0.4 percent in July

WASHINGTON — Stockpiles held by U.S. businesses rose by a moderate amount in July while sales increased at the fastest pace in three months.
By Martin Crutsinger

Friday, Aug 29, 2014

US consumer spending dips 0.1 percent

US consumer spending dips 0.1 percent in July, first decline since January; income weak.
By Martin Crutsinger

Thursday, Aug 28, 2014

US economy grew at brisk 4.2 percent rate

WASHINGTON - After a bleak start to the year, the U.S. economy grew at a brisk annual rate of 4.2 percent in the April-June quarter, the government said Thursday, slightly faster than it had first ...
By Martin Crutsinger

Friday, Aug 22, 2014

Yellen says job market still shows need for Fed support

JACKSON HOLE, Wyo. — If anyone thought Janet Yel­len might clarify her view of the U.S. job market in her speech Friday, the Federal Reserve chairwoman had a message: The picture is ...
By Martin Crutsinger

Wednesday, Aug 20, 2014

Some Fed officials want to slow economic help soon

Some Fed officials argue that economy is improving fast enough to signal lower support.
By Martin Crutsinger

Tuesday, Aug 19, 2014

US home construction jumps 15.7 percent in July

US home construction jumps 15.7 percent in July to 1.09 million rate, fastest pace in 8 months.
By Martin Crutsinger

Wednesday, July 30, 2014

Economic growth bounces back

WASHINGTON - The Federal Reserve offered a mixed message on the U.S. economy Wednesday: Growth is strengthening, and the unemployment rate is steadily falling. 
By Martin Crutsinger

Economy grew at strong 4 percent rate

WASHINGTON — The U.S. economy sprang back to life in the April-June quarter, growing at a fast 4 percent annual rate on the strength of higher consumer and business spending.
By Martin Crutsinger

Thursday, July 17, 2014

Home construction drops to slowest pace in 9 months

WASHINGTON - U.S. home construction fell in June to the slowest pace in nine months, a setback to hopes that housing is regaining momentum and will boost economic growth this year.
By Martin Crutsinger

Tuesday, July 15, 2014

Yellen says economy still needs Fed support

Federal Reserve Chairwoman Janet Yellen says economy still needs high degree of Fed support because recovery not yet complete.
By Martin Crutsinger

Wednesday, July 9, 2014

Fed details end of bond-buying program

WASHINGTON - Federal Reserve officials are in broad agreement that they will likely announce an end to their monthly bond buying program in October, bringing to a close the third round of massive ...
By Martin Crutsinger

Wednesday, July 2, 2014

Yellen sees little threat to financial stability

WASHINGTON - Federal Reserve Chairwoman Janet Yellen said Wednesday that she doesn't see a need for the Fed to start raising interest rates to defuse the risk that extremely low rates could ...
By Martin Crutsinger

Wednesday, June 25, 2014

Economy shrank at 2.9 percent rate last quarter

WASHINGTON - The U.S. economy declined at an annual rate of 2.9 percent in the January-March quarter. But the setback is widely thought to be temporary.
By Martin Crutsinger

Tuesday, June 24, 2014

New home sales surge in May

WASHINGTON - Sales of new U.S. homes rose in May to the highest level in six years, providing the strongest signal yet that housing is recovering.
By Martin Crutsinger

Wednesday, June 18, 2014

Fed further slows pace of bond buying

WASHINGTON - The U.S. economy still isn't healthy enough to grow at a consistently strong pace without the Federal Reserve's help. That was the message Fed Chair Janet Yellen sent Wednesday.
By Martin Crutsinger
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