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By Michelle Jamrisko, Bloomberg |
February 28, 2013
The economy in the U.S. managed to barely expand in the fourth quarter as the smallest trade deficit in almost three years helped overcome the biggest plunge in defense spending since the Vietnam War era.
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By Michelle Jamrisko, Bloomberg |
February 26, 2013
Home prices in 20 U.S. cities rose in the 12 months to December by the most in more than six years, a sign the housing-market recovery is strengthening.
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By Michelle Jamrisko, Bloomberg |
February 13, 2013
Retail sales in the U.S. rose at a slower pace in January as an increase in payroll taxes took a bite out of consumers’ paychecks.
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By Michelle Jamrisko, Bloomberg |
February 5, 2013
Service industries in the U.S. expanded in January at about the same pace as the prior month, showing the biggest part of the economy is holding up in the face of federal government budget battles.
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By Michelle Jamrisko, Bloomberg |
February 4, 2013
Orders placed with U.S. factories increased less than forecast in December, reflecting a drop in non-durable goods that partly countered gains in construction equipment and computers.
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By Michelle Jamrisko, Bloomberg |
January 23, 2013
Exports from the U.S. are set to pick up in 2013 after slumping last quarter as global growth strengthens from Asia to Latin America, giving American manufacturers a boost.
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By Michelle Jamrisko, Bloomberg |
January 17, 2013
Builders broke ground on more houses than forecast in December, capping the best year for the industry since 2008, another sign residential real estate is boosting the U.S. economic expansion.
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By Michelle Jamrisko, Bloomberg |
January 16, 2013
Confidence among U.S. homebuilders held in January at the highest level in more than six years, offering the latest evidence that residential real estate will help spur economic growth.
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By Michelle Jamrisko, Bloomberg |
January 16, 2013
The cost of living was little changed in December, capping the third-smallest annual gain in the past decade, indicating U.S. inflation remains at bay.
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By Michelle Jamrisko, Bloomberg |
January 11, 2013
The trade deficit unexpectedly widened in November as American retailers stocked up on imported goods for the holidays and demand for foreign automobiles rebounded following superstorm Sandy.