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Economy

A cargo ship enters the harbour
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US Trade Deficit Drops to $40.6 Billion in October

WASHINGTON (AP) — The U.S. trade deficit fell in October, helped by a jump in overseas oil sales that lifted American exports to an all-time high.

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Job Fair Held In Midtown Manhattan
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STUDY: South Dakota Lags Region and Nation in ‘Mid Wage’ Creation

(NPN) – South Dakota lags much of the nation and its sister regional states in the creation of “mid wage” jobs, according to a new report. 

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(Courtesy SmithCo)

Elk Point Gains Manufacturing Corporate Headquarters

A manufacturer will relocate a portion of its business from Le Mars, Iowa to Elk Point, South Dakota.

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Cash Register (FILE)
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Consumer Spending Up Weak 0.1 Percent in July

WASHINGTON (AP) — U.S. consumers barely increased their spending in July after their income grew more slowly, held back by steep government spending cuts that reduced federal workers' salaries.

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US Economy Grew at 2.5 Percent Rate in Spring

WASHINGTON (AP) — The U.S. economy grew at a 2.5 percent annual rate from April through June, much faster than previously estimated. The steep revision was largely because U.S. companies exported more goods and imports declined.

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Unemployment Down (FILE)
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Applications for US Unemployment Aid Fall to 331K

WASHINGTON (AP) — The number of Americans seeking unemployment benefits remained near the lowest level in more than five years last week, a sign that companies are cutting few jobs.

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FILE: House for Sale, Home for Sale, Home Sale
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US Home Prices Rise at 12.1 pct. in June

WASHINGTON (AP) — U.S. home prices rose 12.1 percent in June from a year earlier, nearly matching a seven-year high. But monthly price gains slowed in most markets, a sign that higher mortgage rates may be weighing on the housing recovery.

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Corporate Traitors – Tax Avoidance is Not Patriotism [COMMENTARY]

A just released Government Accountability Office (GAO) report tells us what we already knew. Our most profitable corporations are tax dodgers.

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US Economy Adds 195K Jobs, Jobless Rate 7.6%

WASHINGTON (AP) - U.S. employers added 195,000 jobs in June and hiring was more robust in the two previous months than earlier estimated. The gains raise hopes for a stronger economy in the second half of 2013.

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Housing Sales Decline As Market Cools

Home Prices Rise in April by Most in 7 Years

WASHINGTON (AP) - U.S. home prices jumped 12.1 percent in April from a year ago, buoyed by strong demand and a limited supply of available homes. Strong gains in a wide range of cities point to a broad-based housing recovery.

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