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Other Industry News > General Economic News

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Q3 GDP pegged at 3.5%
The value of goods and services produced in the third quarter increased at an annual rate of 3.5%, according to the "advance" estimate from the Bureau of Economic Analysis. In the second quarter, real gross domestic product increased 4.6%. For more, click here...
10/30/2014


U.S. consumer confidence hits six-year high
The Conference Board's Index of Consumer Confidence was at 94.5 this month, its highest reading since October 2007, as fuel costs declined and the job market strengthened. For more, click here...
10/28/2014


Leading indicators index rose in September
The Conference Board's index of leading economic indicators advanced 0.8% in September after a flat reading the prior month. For more, click here...
10/23/2014


Construction firms having trouble finding workers
Most construction firms report they are having trouble finding qualified craft workers to fill key spots as the industry recovers from its year-long downturn, according to results of an industrywide survey by the Associated General Contractors of America. Association officials called for new career and technical school programs, as well as other work force measures to offset the labor shortages. For more, click here...
10/23/2014


U.S. CPI up 0.1% in September
U.S. consumer prices rose 0.1% in September, as measured by the Bureau of Labor Statistics' Consumer Price Index. Increases in shelter and food indexes outweighed declines in energy indexes to result in the September gain. For more, click here...
10/22/2014


Consumer prices move higher in Canada
Canada's Consumer Price Index rose 2.0% in the 12 months to September, after increasing 2.1% in August, according to Statistics Canada. Higher prices for food and shelter contributed the most to the rise in the CPI, while the transportation index posted the smallest increase. For more, click here...
10/17/2014


U.S. consumer sentiment hits 7-year high
Consumer confidence in the U.S. unexpectedly rose in October to its highest level in seven years, showing a brightening in Americans' moods as fuel prices fell and the job market improved. The Thomson Reuters/University of Michigan preliminary sentiment index for this month increased to a reading of 86.4, its highest level since July 2007. For more, click here...
10/17/2014


Fuel prices continue falling
Diesel prices dropped to a nationwide average of $3.698 per gallon, according to the Department of Energy, as oil prices hit their lowest levels in more than two years. The price is 18.8 cents below its level of a year ago, the agency reported. Gasoline prices fell 9.2 cents to a nationwide average of $3.207 per gallon -- the lowest price since last November, and the biggest single-week decline since December 2012. For more, click here...
10/15/2014


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Thursday, October 30, 2014

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