News
Market Watch | U.S. second-quarter productivity upped to 2.3%
The increase in U.S. productivity in the second quarter was much higher than initially reported, mainly because workers generated even more goods and services.
FOX Business | Service Sector Near 8-Year High in August
The pace of growth in the U.S. services sector accelerated in August to its fastest pace in almost eight years, an industry report showed on Thursday.
Bloomberg | Consumer Comfort in U.S. Declines for a Fourth Straight Week
Consumer confidence fell for a fourth consecutive week to its lowest level since early April as Americans’ views on the economy and buying climate deteriorated.
Market Watch | Factory orders fall 2.4% in July
Factory orders decreased 2.4% in July to a seasonally adjusted $485 billion, the U.S. Department of Commerce reported Thursday.
Econ Comments & Analysis
Forbes | America's Next Decade
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Politico | U.S. households still going hungry
Despite the explosion in food stamp enrollment, the percentage of American households experiencing food shortages remains stubbornly high, with so-called “insecure” families having 26 percent less for food than a typical “secure” household of the same size.
Bloomberg | Can We Pay a Minimum Wage That Makes Everyone Rich?
Last week, fast-food workers staged a one-day strike in 60 U.S. cities to demand a minimum wage of $15 an hour, more than double the current federal minimum of $7.25. The nationwide effort, “Fight for 15,” was organized by the Service Employees International Union.
Washington Times | The dark side of green
Builders across America are constructing and renovating everything from college football stadiums and Broadway theaters to libraries and elementary schools with an eye toward making environmentalists green with envy. They’ll do whatever it takes to persuade the United States Green Building Council to give them an eco-certification award known as Leadership in Energy and Environmental Design, or LEED.
WSJ | Fed Beige Book: U.S. Economy Grew at Modest to Moderate Pace in July, August
The U.S. economy expanded at a modest to moderate pace in recent months, led by consumer spending on cars and housing, according to the Federal Reserve's survey of regional economic conditions released Wednesday.
