Tag Archives: Economy

The Inland economy showed signs of recovery last year, but also signs that the region is still feeling fallout from the recession, according to data released Wednesday by the U.S. Census Bureau. Incomes were up and the two-county region’s poverty rate fell during 2013, but not all of the news …

For the first time since 2006, poverty in the United States has dropped. The country’s poverty rate last year was 14.5 percent, down from 15 percent in 2012, according to the U.S. Census Bureau’s annual report on poverty, which was released Tuesday. Roughly 45.3 million people in the United States …

U.S. retailers have posted another solid week, aided in part by the end of back-to-school season. Sales were up three percent for the week that ended Saturday compared with the same week in 2013, according to the International Council of Shopping Centers and Goldman Sachs Weekly Chain Stores Sales Index, …

U.S consumers cut their spending slightly during 2013, the first drop in overall spending in three years. Average expenditures last year among “consumer units” – mostly families and singles – was $51,1000, down 0.7 percent from 2012, according to data released Tuesday by the U.S. Department of Labor. Consumers increased …

National retail sales remained strong last week, as stores moved beyond the back-to-school season and into the start of autumn. Overall sales were up 4 percent year-over-year for the week that ended Saturday, and were up 0.7 percent compared with the previous week, according to the International Council of Shopping …

The U.S. job market’s hot streak is over. Employers added only 142,000 jobs in August, the smallest gain in eight months, according to data release Friday by the U.S. Department of Labor. That ended six consecutive months of at least 200,000 hires. The average monthly job growth during the past …