Martin Crutsinger

December 22, 2021 | Daily Business Review

Now with the appearance of the omicron variant, coming on top of high inflation and lingering supply chain issues, there are concerns that growth could be constrained heading into 2022.

By Martin Crutsinger

4 minute read

October 21, 2008 | Daily Report Online

By MARTIN CRUTSINGER

2 minute read

April 14, 2008 | Daily Report Online

By MARTIN CRUTSINGER

4 minute read

March 31, 2008 | Daily Report Online

WASHINGTON AP - Consumers, jolted by a credit crisis, job cuts and soaring energy costs, turned in the weakest spending performance in 17 months in February, further evidence that the risks of a recession are increasing.The Commerce Department said Friday that consumer spending edged up by just 0.1 percent last month, the poorest showing since September 2006.

By MARTIN CRUTSINGER

3 minute read

December 01, 2010 | Daily Report Online

WASHINGTON AP - The work force was more productive in the summer than originally thought, reflecting the fact that the U.S. economy produced more goods and services than first estimated.Despite the revision, the efficiency of U.S. workers is increasing at a much slower pace than last year and economists say that could signal more hiring in the near future.

By MARTIN CRUTSINGER

3 minute read

November 15, 2010 | Daily Report Online

WASHINGTON AP - Retail sales, helped by strong demand for autos, increased in October by the largest amount in seven months.The Commerce Department reported Monday that retail sales rose 1.2 percent last month. That was nearly double the gain that had been expected and the largest increase since March. Much of the strength came from a big rise in auto sales.

By MARTIN CRUTSINGER

3 minute read

August 03, 2010 | Daily Report Online

WASHINGTON AP - Consumers are saving more and being picky about how they spend their money, new data show.Personal spending was unchanged in June, the Commerce Department reported Tuesday. It was the third straight month of lackluster consumer demand. Incomes were also flat, the weakest showing in nine months.And the personal savings rate rose to 6.

By MARTIN CRUTSINGER

3 minute read

May 17, 2010 | Daily Report Online

WASHINGTON AP - China boosted its holdings of U.S. Treasury debt for the first time in six months. That development could ease concerns that lagging foreign demand will force the U.S. government to pay higher interest rates to finance its debt.The Treasury Department reported Monday that China's holdings of U.S. Treasury securities rose in March 2 percent to $895.

By MARTIN CRUTSINGER

3 minute read

October 13, 2008 | Daily Report Online

By MARTIN CRUTSINGER

2 minute read

September 16, 2008 | Daily Report Online

WASHINGTON AP-Consumer prices in August posted the first monthly decline in nearly two years as Americans finally get a break from surging energy prices.The Labor Department reported Tuesday that consumer prices edged down 0.1 percent last month, a significant improvement from a 1.1 percent price spike in June and a 0.

By MARTIN CRUTSINGER

3 minute read