United States

Lucia Mutikani

U.S. job market recovery appears to be slowing, services sector powering ahead

Aug 05 2020

WASHINGTON U.S. private employers hired far fewer workers than expected in July as companies exhausted loans to help with wages and new COVID-19 infections flared up across the country, supporting the view that the nascent economic recovery was faltering.

Motor vehicles power U.S. factory orders in June

Aug 04 2020

WASHINGTON New orders for U.S.-made goods increased more than expected in June, suggesting the manufacturing sector was regaining its footing, though rising COVID-19 cases threaten the tentative recovery.

U.S. manufacturing activity near 1-1/2-year high, factory job losses persist

Aug 03 2020

WASHINGTON U.S. manufacturing activity accelerated to its highest level in nearly 1-1/2 years in July as orders increased despite a resurgence in new COVID-19 infections, which is raising fears about the sustainability of a budding economic recovery.

U.S. consumer spending presses ahead; declining income poses challenge

Jul 31 2020

WASHINGTON U.S. consumer spending increased for a second straight month in June, setting up consumption for a rebound in the third quarter, though the recovery could be limited by a resurgence in COVID-19 cases and the end of expanded unemployment benefits. | Video

COVID-19 crushes U.S. economy in second quarter; rising virus cases loom over recovery

Jul 30 2020

WASHINGTON The U.S. economy suffered its biggest blow since the Great Depression in the second quarter as the COVID-19 pandemic shattered consumer and business spending, and a nascent recovery is under threat from a resurgence in new cases of coronavirus. | Video

U.S. economic growth revised slightly down in 2019

Jul 30 2020

WASHINGTON U.S. economic growth slowed a bit more than previously estimated in 2019 as the sugar high from the Trump administration's $1.5 trillion in tax cuts faded over the final year of a record-long expansion that came to an abrupt end in February in the face of the global coronavirus pandemic.

Corona befällt US-Wirtschaft - Konjunktursturz im Frühjahr

Jul 30 2020

Washington/Berlin Die Corona-Krise hat einen Konjunktursturz in den USA ausgelöst und wirft die größte Volkswirtschaft der Welt um Jahre zurück.

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