http://www.mail.com/subjects/1366-economic-growth.html Mail.com - the best personalized free web-based Email en en http://sec-s.uicdn.com/mail.com/2.28/img/mailcom_logo_rss.png http://www.mail.com/subjects/1366-economic-growth.html http://www.mail.com/business/economy/2090132-us-consumer-prices-fall-04-pct-cheaper-gas.html WASHINGTON (AP) — A plunge in the cost of gas drove down a measure of U.S. consumer prices last month by the most since December 2008. Excluding the drop in fuel costs, prices were largely unchanged. The consumer price index fell 0.4 percent in April from March, the Labor Department said Thursday. The main reason the index fell was that gas prices plunged... Thu, 16 May 2013 13:32:23 GMT http://www.mail.com/business/economy/2090132-us-consumer-prices-fall-04-pct-cheaper-gas.html 2013-05-16T13:32:23Z http://www.mail.com/business/economy/2089060-japanese-economy-grew-35-percent-pace-1q.html TOKYO (AP) — Japan's economy grew by a stronger-than-expected 3.5 percent in annual terms last quarter, giving Prime Minister Shinzo Abe a boost as his government tackles reforms needed to ensure a sustained recovery from two decades of malaise. Stronger consumer spending and public works investment coupled with aggressive monetary easing lent oomph to th... Thu, 16 May 2013 09:40:45 GMT http://www.mail.com/business/economy/2089060-japanese-economy-grew-35-percent-pace-1q.html 2013-05-16T09:40:45Z http://www.mail.com/business/economy/2089410-slower-chinese-growth-adds-to-pressure-leaders.html BEIJING (AP) — Global economic malaise has knocked the stuffing out of Luo Yan's business making toy animals. Sales of Hello Kitty dolls and plush rabbits have fallen 30 percent over the past six months, according to Luo, owner of Tongle Toy Enterprise, which employs 100 people in the southern city of Foshan, near Hong Kong. Orders from the United States ... Thu, 16 May 2013 06:10:40 GMT http://www.mail.com/business/economy/2089410-slower-chinese-growth-adds-to-pressure-leaders.html 2013-05-16T06:10:40Z http://www.mail.com/business/economy/2087240-stocks-climb-traders-shrug-economic-reports.html NEW YORK (AP) — Investors nudged the stock market to all-time highs Wednesday despite a handful of disappointing economic reports. Google's stock topped $900 for the first time after the company announced new versions of its prodcuts, and Macy's rose after beating Wall Street's profit estimates. The market headed lower at the start of trading, following n... Wed, 15 May 2013 22:08:14 GMT http://www.mail.com/business/economy/2087240-stocks-climb-traders-shrug-economic-reports.html 2013-05-15T22:08:14Z http://www.mail.com/business/economy/2086774-eurozone-recession-longest-currency-bloc.html PARIS (AP) — The eurozone is now in its longest ever recession — a stubborn slump that has surpassed even the calamity that hit the region in the financial crisis of 2008-2009. The European Union statistics office said Wednesday that nine of the 17 EU countries that use the euro are in recession, with France a notable addition to the list. Overall, the eu... Wed, 15 May 2013 19:37:01 GMT http://www.mail.com/business/economy/2086774-eurozone-recession-longest-currency-bloc.html 2013-05-15T19:37:01Z http://www.mail.com/business/economy/2087128-us-factory-output-falls-04-percent-april.html WASHINGTON (AP) — U.S. manufacturers cut back on production in April, as auto companies cranked out fewer cars, factories made fewer consumer goods and most other industries reduced output. The weakness suggests economic growth may be slowing. The Federal Reserve said Wednesday that factory output dropped 0.4 percent in April, the third decline in four mo... Wed, 15 May 2013 18:14:56 GMT http://www.mail.com/business/economy/2087128-us-factory-output-falls-04-percent-april.html 2013-05-15T18:14:56Z http://www.mail.com/business/finance/2087930-eurozones-struggling-economies-mired-recession.html The eurozone is stuck in recession — its longest since the euro was founded in 1999. The latest figures from the European Union's statistics office show that the economy of the 17 EU countries that use the euro shrank for a sixth straight quarter, slumping by 0.2 percent in the January-March period from the previous three months. Initially it was just the... Wed, 15 May 2013 18:03:27 GMT http://www.mail.com/business/finance/2087930-eurozones-struggling-economies-mired-recession.html 2013-05-15T18:03:27Z http://www.mail.com/business/economy/2087062-us-wholesale-prices-fall-07-pct-3-years.html WASHINGTON (AP) — Sharp drops in fuel and food costs reduced a measure of U.S. wholesale prices in April by the most in three years. Outside those volatile categories, inflation stayed tame. The producer price index, which measures price changes before they reach the consumer, fell a seasonally adjusted 0.7 percent in April from March, the Labor Departmen... Wed, 15 May 2013 14:52:29 GMT http://www.mail.com/business/economy/2087062-us-wholesale-prices-fall-07-pct-3-years.html 2013-05-15T14:52:29Z http://www.mail.com/business/economy/2086502-german-economy-returns-to-modest-growth.html BERLIN (AP) — The German economy managed to avoid sinking into recession during an unusually cold first quarter, but only just, official figures showed Wednesday. Europe's biggest economy grew by 0.1 percent in the January-March quarter compared with the previous three-month period, Germany's Federal Statistical Office said. That followed a 0.7 percent de... Wed, 15 May 2013 08:10:28 GMT http://www.mail.com/business/economy/2086502-german-economy-returns-to-modest-growth.html 2013-05-15T08:10:28Z http://www.mail.com/business/economy/2083912-eurozone-growth-hopes-emerge-industrial-data.html LONDON (AP) — A larger-than-expected increase in industrial production across the 17 European Union countries that use the euro has raised hopes that the recession in the currency bloc has eased or even ended. Official figures released Tuesday from Eurostat, the EU's statistics office, showed eurozone industrial output rose a monthly 1 percent in March, d... Tue, 14 May 2013 10:59:41 GMT http://www.mail.com/business/economy/2083912-eurozone-growth-hopes-emerge-industrial-data.html 2013-05-14T10:59:41Z http://www.mail.com/business/economy/2081544-us-retail-sales-rise-april-cars-clothing.html WASHINGTON (AP) — Lower-priced gas allowed Americans to step up their spending at retailers in April, from cars and clothes to electronics and appliances. The rebound from a weak March suggests consumers remain resilient in the face of higher taxes and could continue to drive economic growth this spring. Retail sales edged up 0.1 percent in April, the Com... Mon, 13 May 2013 18:02:51 GMT http://www.mail.com/business/economy/2081544-us-retail-sales-rise-april-cars-clothing.html 2013-05-13T18:02:51Z http://www.mail.com/business/economy/2081766-us-business-stockpiles-flat-march-sales-fall.html WASHINGTON (AP) — U.S. businesses left their stockpiles unchanged in March for a second straight month while their sales fell sharply. The Commerce Department said Monday that business stockpiles showed no increase in March on a seasonally adjusted basis. Businesses hadn't upped their restocking in February, either. Sales fell 1.1 percent in March, offset... Mon, 13 May 2013 14:33:15 GMT http://www.mail.com/business/economy/2081766-us-business-stockpiles-flat-march-sales-fall.html 2013-05-13T14:33:15Z http://www.mail.com/business/economy/2081386-spain-portugal-demand-quick-action-bank-union.html MADRID (AP) — The leaders of Spain and Portugal on Monday demanded that the 17-nation eurozone speed up efforts to create a banking union and complained that credit is frozen in their countries, preventing economic growth and crucial job creation. Many banks are lending at relatively high rates because they are worried about the weak economy. Those higher... Mon, 13 May 2013 14:01:21 GMT http://www.mail.com/business/economy/2081386-spain-portugal-demand-quick-action-bank-union.html 2013-05-13T14:01:21Z http://www.mail.com/news/world/2076208-yen-focus-g-7-discusses-nurturing-recovery.html AYLESBURY, England (AP) — Financial leaders from the world's top seven developed economies are gathering in the U.K. to discuss how to shore up the global recovery just as the stimulus measures of one its members, Japan, has caused its currency to take a dramatic slide. Supporting the global economy and the role of central banks are set to be the key poin... Fri, 10 May 2013 20:39:46 GMT http://www.mail.com/news/world/2076208-yen-focus-g-7-discusses-nurturing-recovery.html 2013-05-10T20:39:46Z http://www.mail.com/business/finance/2077294-april-surplus-113b-lowers-us-budget-deficit.html WASHINGTON (AP) — The U.S. government reported a rare surplus of $113 billion for April — the largest in five years and a sign of the nation's improving finances. Steady economic growth and higher tax rates have boosted the tax revenue in recent months, keeping this year's annual budget deficit on pace to be the smallest since 2008. A smaller deficit is a... Fri, 10 May 2013 20:31:41 GMT http://www.mail.com/business/finance/2077294-april-surplus-113b-lowers-us-budget-deficit.html 2013-05-10T20:31:41Z http://www.mail.com/business/economy/2073964-us-wholesale-stockpiles-up-04-percent-march.html WASHINGTON (AP) — Wholesale businesses stepped up their restocking of supplies in March, but their sales fell sharply. The Commerce Department said Thursday that stockpiles held by wholesalers rose 0.4 percent in March compared with February, when they had fallen 0.3 percent. Sales in March dropped 1.6 percent, the biggest setback since March 2009, when t... Thu, 09 May 2013 16:28:11 GMT http://www.mail.com/business/economy/2073964-us-wholesale-stockpiles-up-04-percent-march.html 2013-05-09T16:28:11Z http://www.mail.com/business/finance/2072660-obama-pressed-to-jobs-stagnant-wages.html WASHINGTON (AP) — The nation's slowly improving jobs picture hides problems like stagnant wages and fewer working hours that strike directly at President Barack Obama's base of support — young people, racial minorities and the less affluent. As the president launches a new focus on jobs, his traditional allies contend Obama has put too much of an emphasis... Wed, 08 May 2013 22:26:28 GMT http://www.mail.com/business/finance/2072660-obama-pressed-to-jobs-stagnant-wages.html 2013-05-08T22:26:28Z http://www.mail.com/business/economy/2068094-imfs-lagarde-criticizes-us-spending-cuts.html AMSTERDAM (AP) — International Monetary Fund head Christine Lagarde criticized the U.S. government's budget policies as too tight on Tuesday, in an appearance in Amsterdam that was interrupted by student protestors. Lagarde said the U.S. government's debt reduction plans are too abrupt, including the $85 billion in federal budget cuts known as the sequest... Tue, 07 May 2013 16:23:21 GMT http://www.mail.com/business/economy/2068094-imfs-lagarde-criticizes-us-spending-cuts.html 2013-05-07T16:23:21Z http://www.mail.com/business/economy/2065700-spain-italy-team-up-to-demand-crisis-relief.html MADRID (AP) — The premiers of Spain and Italy teamed up Monday to push the eurozone to focus more on spurring economic growth instead of just reducing debt — a move they hope will reduce high youth unemployment and speed up a banking reform effort aimed at stabilizing Europe's financial system. After meeting with Spanish Prime Minister Mariano Rajoy, Ital... Mon, 06 May 2013 19:30:25 GMT http://www.mail.com/business/economy/2065700-spain-italy-team-up-to-demand-crisis-relief.html 2013-05-06T19:30:25Z http://www.mail.com/business/economy/2060700-solid-job-gains-april-ease-fears-economy.html WASHINGTON (AP) — The U.S. economy showed last month why it remains the envy of industrialized nations: In the face of tax increases and federal spending cuts, employers added a solid 165,000 jobs in April — and far more in February and March than anyone thought. The hiring in April drove down the unemployment rate to a four-year low of 7.5 percent and se... Fri, 03 May 2013 23:32:33 GMT http://www.mail.com/business/economy/2060700-solid-job-gains-april-ease-fears-economy.html 2013-05-03T23:32:33Z http://www.mail.com/business/economy/2060492-eu-predicts-eurozone-recession-to-continue-2013.html BRUSSELS (AP) — Europe will take longer to recover from its economic crisis as it tackles a worse-than-expected recession in the eurozone and unemployment at record levels, the European Union warned Friday. In its spring economic forecast, the EU said that gross domestic product in the 17 member countries that use the euro will shrink by 0.4 percent this ... Fri, 03 May 2013 14:32:52 GMT http://www.mail.com/business/economy/2060492-eu-predicts-eurozone-recession-to-continue-2013.html 2013-05-03T14:32:52Z http://www.mail.com/business/finance/2059344-us-economic-reports-hold-hope-hiring-gains.html WASHINGTON (AP) — Fewer Americans are losing their jobs. Employers are struggling to squeeze more work from their staffs. The U.S. is producing so much oil that imports are plunging, narrowing the trade deficit. A string of data Thursday raised hopes for stronger hiring and U.S. growth in coming months. More jobs would spur spending and help energize the ... Thu, 02 May 2013 21:10:22 GMT http://www.mail.com/business/finance/2059344-us-economic-reports-hold-hope-hiring-gains.html 2013-05-02T21:10:22Z http://www.mail.com/news/politics/2057872-obama-to-pitch-immigration-overhaul-mexico.html WASHINGTON (AP) — President Barack Obama has his top domestic ambition at the head of his agenda as he travels to Mexico on Thursday. To sell his immigration overhaul back home, he needs a growing economy in Mexico and a Mexican president willing to help him secure the border. Obama was flying to Mexico City Thursday to meet with President Enrique Pena Ni... Thu, 02 May 2013 16:10:28 GMT http://www.mail.com/news/politics/2057872-obama-to-pitch-immigration-overhaul-mexico.html 2013-05-02T16:10:28Z http://www.mail.com/business/economy/2058280-us-trade-deficit-falls-to-388-billion-march.html WASHINGTON (AP) — The U.S. trade deficit narrowed in March for a second month as the daily flow of imported crude oil dropped to the lowest level in 17 years. The deficit with China hit a three-year low. The overall trade deficit decreased to $38.8 billion, an 11 percent drop from February's $43.6 billion, the Commerce Department reported Thursday. Export... Thu, 02 May 2013 14:55:47 GMT http://www.mail.com/business/economy/2058280-us-trade-deficit-falls-to-388-billion-march.html 2013-05-02T14:55:47Z http://www.mail.com/business/economy/2058278-us-worker-productivity-rises-07-pct-q1.html WASHINGTON (AP) — U.S. worker productivity barely grew from January through March after shrinking in the final three months of 2012. Weak productivity growth could prompt employers to hire more if consumers and businesses continue to increase spending. The Labor Department said Thursday that productivity rose at a seasonally adjusted annual rate of 0.7 pe... Thu, 02 May 2013 14:20:29 GMT http://www.mail.com/business/economy/2058278-us-worker-productivity-rises-07-pct-q1.html 2013-05-02T14:20:29Z http://www.mail.com/business/economy/2056462-fed-stimulus-taxes-cuts-hurt.html WASHINGTON (AP) — The Federal Reserve cautioned America's political leaders Wednesday that their policies are hurting the economy. The Fed stood by its aggressive efforts to stimulate the economy and reduce unemployment. But it sent its clearest signal to date that tax increases and spending cuts that kicked in this year are slowing the economy. ... Wed, 01 May 2013 23:44:31 GMT http://www.mail.com/business/economy/2056462-fed-stimulus-taxes-cuts-hurt.html 2013-05-01T23:44:31Z http://www.mail.com/business/finance/2056042-stocks-sink-economic-worries-dow-138.html NEW YORK (AP) — Signs of a slowing economy dragged down the stock market Wednesday. Even the prospect of continued stimulus from the Federal Reserve didn't help. Major market indexes fell by 0.9 percent, their worst decline in two weeks. Small-company stocks fell even more, 2.5 percent, as investors shunned risk. The yield on the benchmark U.S. government... Wed, 01 May 2013 22:21:28 GMT http://www.mail.com/business/finance/2056042-stocks-sink-economic-worries-dow-138.html 2013-05-01T22:21:28Z http://www.mail.com/business/finance/2053910-italian-premier-urges-eu-to-focus-growth.html BERLIN (AP) — Italy's new prime minister called Tuesday for European countries to prioritize economic growth over debt reduction, adding his government believes Europe needs to integrate further to overcome its current crisis. Enrico Letta chose Germany for his first official trip abroad — arriving there only hours after winning the final vote of approval... Tue, 30 Apr 2013 19:13:16 GMT http://www.mail.com/business/finance/2053910-italian-premier-urges-eu-to-focus-growth.html 2013-04-30T19:13:16Z http://www.mail.com/business/finance/2053306-fed-to-stick-with-low-rate-stance-this-week.html WASHINGTON (AP) — A combination of scant inflation and still-modest U.S. economic growth will likely lead the Federal Reserve this week to maintain its drive to keep borrowing costs at record lows indefinitely. The Fed has said it plans to keep its key short-term interest rate near zero at least until the unemployment rate dips below 6.5 percent from its ... Tue, 30 Apr 2013 12:01:01 GMT http://www.mail.com/business/finance/2053306-fed-to-stick-with-low-rate-stance-this-week.html 2013-04-30T12:01:01Z