Economic Growth

FILE - In this Jan. 29, 2020 file photo Federal Reserve Chair Jerome Powell speaks during a news conference following the Federal Open Market Committee meeting in Washington. The Federal Reserve believes that downside risks to the U.S. economy have lessened with the easing of trade tensions and better prospects for global growth. But officials note a concern that possible spillovers from a deadly virus in China represent a new threat. (AP Photo/Manuel Balce Ceneta, File)
February 11, 2020 - 11:07 am
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Tuesday the U.S. economy appears durable with steady growth and unemployment near a half-century low but faces some risk from the broadening viral outbreak that began in China. Giving the Fed’s semiannual monetary report to Congress,...
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British Prime Minister Boris Johnson outlines his government's negotiating stance with the European Union after Brexit, during a key speech at the Old Naval College in Greenwich, London, Monday, Feb. 3, 2020. (AP Photo/Frank Augstein, Pool)
February 11, 2020 - 4:33 am
LONDON (AP) — Uncertainty related to Brexit seems to have weighed heavily on the British economy during the final quarter of 2019 as output flat-lined, official data showed Tuesday. In its first assessment of the quarter as a whole, the Office for National Statistics said increases in the services...
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FILE - In this Oct. 1, 2019, file photo, Gory Rodriguez, of Starbucks, right, interviews a job applicant during a job fair at Dolphin Mall in Miami. The January U.S. jobs report on Friday, Feb. 7, 2020, may provide timely evidence of the U.S. economy's enduring health. (AP Photo/Lynne Sladky, File)
The Associated Press
February 07, 2020 - 3:59 pm
WASHINGTON (AP) — U.S. hiring jumped last month, and many more people were encouraged to look for work, showing that the economy remains robust despite threats from China’s viral outbreak, an ongoing trade war and struggles at Boeing. The strong job growth gives President Donald Trump more evidence...
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February 07, 2020 - 2:56 am
BERLIN (AP) — German industrial production dropped sharply in December and exports barely edged higher, official data showed Friday, rounding off a poor year for manufacturing in Europe's biggest economy. Production was down 3.5% compared with the previous month, the Economy Ministry said. It added...
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Greece's Prime Minister Kyriakos Mitsotakis, left, speaks with the European Commissioner for Economy Paolo Gentiloni during their meeting at Maximos Mansion in Athens, Thursday, Feb. 6, 2020. Gentiloni will have a series of meetings with Greek top officials in the context of the European Semester, the EU's cycle of economic and fiscal policy coordination among member states. (AP Photo/Thanassis Stavrakis)
February 06, 2020 - 9:39 am
ATHENS, Greece (AP) — The European Union's new economy commissioner says Greece's bailout lenders are willing to discuss a request by Athens to ease strict budget targets that would help speed up the country's recovery. While visiting Athens Thursday, Paolo Gentiloni sai d discussions could begin...
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FILE- In this Jan. 4, 2019, file work continues on a plan of new homes in Franklin Park, Pa. U.S. productivity rebounded in the final three months of 2019, helping to boost productivity growth for the year to the best showing in nearly a decade. The Commerce Department said Thursday, Feb. 6, 2020 that productivity grew at an annual rate of 1.4% in the October-December quarter, a significant improvement from a 0.2% drop in productivity in the third quarter. (AP Photo/Keith Srakocic, File)
February 06, 2020 - 9:33 am
WASHINGTON (AP) — U.S. productivity rebounded in the final three months of last year, helping to boost productivity growth for the year to the best showing in nearly a decade. The Labor Department’s Bureau of Labor Statistics said Thursday that productivity grew at an annual rate of 1.4% in the...
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February 05, 2020 - 12:33 am
CANBERRA, Australia (AP) — Australia's deadly wildfires will have no impact on the nation's economic growth this year but the impact of a new virus is still unknown, the head of the Australian central bank said on Wednesday. The wildfires have killed 33 people and destroyed more than 3,000 homes in...
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A rainbow fills the sky over the Elysee Palace in Paris, Friday, Jan. 17, 2020. (AP Photo/Michel Euler)
January 31, 2020 - 4:03 am
BRUSSELS (AP) — The eurozone economy, made up of the 19 countries that use the euro, barely grew in the final quarter of 2019 as both France and Italy contracted, official figures showed Friday. In its first estimate for the quarter, statistics agency Eurostat said the eurozone grew by only 0.1%...
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FILE - In this Jan. 9, 2020, file photo specialist David Haubner works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Thursday, Jan. 30. (AP Photo/Richard Drew, File)
January 30, 2020 - 12:34 pm
Stocks moved lower on Wall Street in afternoon trading Thursday as a surge in the number of confirmed cases and fatalities from a virus in China stoked fears that the outbreak could slow global economic growth. World health officials expressed “great concern” that the new type of coronavirus is...
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January 30, 2020 - 11:05 am
MEXICO CITY (AP) — Mexico's economy entered a recession in 2019, according to preliminary fourth quarter data released by the country's statistics institute. While Mexico had forecast that its economy would grow 2% during the first year of President Andrés Manuel López Obrador's administration, it...
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