Americans feel worse about the economy than they have at almost any point on record. The University of Michigan’s consumer sentiment index fell to 51.7 in August, down 6.3 percent from July and 11.2 percent below where it stood a year ago.
Tag Archives: economy
August Set a Record at the Pump, With Gas Above $4 Every Single Day
For the first time in the history of AAA’s tracking, the national average price of a gallon of regular gasoline stayed above $4 on every day of a month.
Inflation Cooled Slightly to 3.4 Percent in July, but Gas Is Still 25 Percent Higher Than Last Year
Consumer prices rose 0.1 percent in July and were up 3.4 percent from a year earlier, the Bureau of Labor Statistics reported Wednesday, a slight improvement on June’s 3.5 percent annual rate.
U.S. Economy Shed 23,000 Jobs in July as Hiring Stalls
The American job market went backward last month. Employers cut 23,000 jobs in July, the Bureau of Labor Statistics reported Friday, against forecasts of an 83,000 gain.
October jobs report: Unemployment stable, wages up
Average hourly wages increased 0.4% over the month to $35.46, marking a 4% year-over-year rise, while the unemployment rate held steady at 4.1%.
U.S. Consumer Confidence Surges in October
In a positive sign for the economy, the Conference Board’s Consumer Confidence Index (CCI) rose to 108.7 in October, up from 99.2 in September.
Pennsylvania’s Job Growth Sets New Records
The state saw an increase of 6,800 nonfarm jobs in September, setting a new record of 6,205,000 positions. This growth marks the fourteenth consecutive month that Pennsylvania has reached a record-breaking job count.
Report: 67 PA counties boom for low unemployment, job growth, wage increases
The state’s jobless rate stayed at a record low 3.4% in September, better than the national rate of 4.1%.
U.S. Workers See Bigger Paychecks Amid Economic Growth
Wages have increased four percent over the last 12 months, according to recent data from the U.S. Bureau of Labor Statistics.
September Jobs Report: U.S. Outpaces Expectations, Adding 254,000 Jobs
The United States economy added an impressive 254,000 nonfarm payroll jobs in September, according to the latest report by the Bureau of Labor Statistics.