Economy, Good News | featured news

Consumer confidence at three-year high

Consumer confidence rose in February to its highest point in three years as Americans feel more optimistic about their income prospects and the direction the economy is headed.

 

In sign of growth, businesses are borrowing again

Martin Foil's company sells yarn that winds up in clothes from the Gap, Ralph Lauren and American Apparel, and business is growing. He's buying new machines and hopes to hire as many as 200 workers this year....

 

Layoffs Down but Hiring Slow

Layoffs are down, and at pre-recession levels, but hiring remains slow, Labor Department data showed.

Senh: I'll consider this good news.

 

AP survey: Outlook for 2011 economy is brightening

Employers will hire more workers this year, and the economy will grow faster than envisioned three months ago, according to an Associated Press survey that found growing optimism among leading economists....

 

Consumer Confidence Index hits 8-month high

The Consumer Confidence Index rose in January to its highest level in eight months with Americans growing a little more confident about the job market and business conditions.

 

Jobless claims fall more than expected

U.S. initial jobless claims fell more than expected last week and showed their biggest decline since February, in a hopeful sign for the U.S. labor market.

 

US retail sales rise in December

US retail sales rise in December

US retail sales rose in December for the sixth consecutive month, but questions about the economy still remain.

 

Obama says economy moving in right direction

President Barack Obama sees a clear and encouraging trend on the economy, citing fresh reports showing private-sector job growth and lower unemployment....

 

Service firms grow at fastest pace since 2006

Strong consumer demand pushed a key measure of the economy's service sector last month to its highest level in more than four years.

 

Factory orders rebound in November

New orders received by factories unexpectedly rose in November, and orders excluding transportation recorded their largest gain in eight months, according to a government report on Tuesday that pointed to underlying strength in manufacturing.

 

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