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Stories tagged: economy


UPDATED: Fri., Oct. 26, 2018, 4:43 p.m.

U.S. economy grew at strong 3.5 percent rate in Q3

The U.S. economy grew at a robust annual rate of 3.5 percent in the July-September quarter as the strongest burst of consumer spending in nearly four years helped offset a …


UPDATED: Fri., Oct. 19, 2018, 4:34 p.m.

Another shaky stock week closes

U.S. stocks gave up an early rally Friday and struggled to another mixed finish as investors continued sell former favorites like retailers. Household goods makers rose again as a week …


UPDATED: Wed., Oct. 17, 2018, 10:52 p.m.

Rep. Cathy McMorris Rodgers, Lisa Brown spar on taxes, economy and health care in second Congressional debate

The two candidates took the stage for the second time in the closely watched contest Wednesday night at the Fox Theater in downtown Spokane, in a debate focused on the …


UPDATED: Thu., Oct. 11, 2018, 8:36 p.m.

Higher rates: Sign of economic strength or a risk? Try both

This week’s dizzying sell-offs in the financial markets have been a rude reminder that the U.S. economy is no longer relying on ultralow interest rates to fuel growth. Yet the …


UPDATED: Fri., Oct. 5, 2018, 8:45 a.m.

New study finds BLM lands contribute billions from recreation to Idaho, Washington, other western states

Amid pressure in some states to transfer federal public land to state management and control, a study commissioned by several wildlife-related groups finds that federal land contributes billions of dollars …


UPDATED: Wed., Oct. 3, 2018, 6:10 p.m.

Holiday sales expected to grow in a strong economy

The National Retail Federation, the nation’s largest retail trade group, says it expects sales in November and December to rise between 4.3 percent and 4.8 percent to $717.45 billion to …


UPDATED: Mon., Oct. 1, 2018, 7:23 p.m.

Washington dairy interests optimistic in wake of new trade agreement

Dairy groups in Washington state are encouraged by the Trump administration’s new North American trade deal announced Monday and what they see as its potential to create additional market access …


U.S. consumer spending up modest 0.3 percent in August

U.S. consumer spending edged up a moderate 0.3 percent in August as sales of cars and other durable goods fell. A key gauge of inflation slowed slightly after its biggest …


UPDATED: Thu., Sept. 27, 2018, 2:19 p.m.

U.S. economy grew at robust 4.2 percent rate in second quarter

The U.S. economy grew at a robust annual rate of 4.2 percent in the second quarter, the best performance in nearly four years, though economists believe growth has slowed in …


UPDATED: Fri., Sept. 21, 2018, 5:30 p.m.

Rising oil prices haven’t hurt the U.S. economy so far

America’s rediscovered prowess in oil production is shaking up old notions about the impact of higher crude prices on the U.S. economy.


UPDATED: Mon., Sept. 17, 2018, 2:06 p.m.

World’s richest economies enjoy biggest pay raise in a decade

Workers in the world’s richest countries are getting their biggest pay bump in a decade, a step toward solving a labor market puzzle that’s unnerving central bankers. As shrinking unemployment …


North Korea stresses economy, not nukes, on 70th anniversary

North Korea held a major military parade and revived its iconic mass games to celebrate its 70th anniversary on Sunday, but in keeping with leader Kim Jong Un’s new policies …


UPDATED: Wed., Aug. 29, 2018, 4:15 p.m.

U.S. economy grew at a brisk 4.2 percent annual rate last quarter

The U.S. economy grew at a strong 4.2 percent annual rate in the April-June quarter, the best showing in nearly four years, as growth stayed on track to produce its …


UPDATED: Fri., Aug. 10, 2018, 4:41 p.m.

Consumer prices up 2.9 percent, leaving Americans worse off

Consumer prices climbed 2.9 percent in July from a year earlier, a rate of inflation that suggests Americans are earning less than a year ago despite an otherwise solid economy.


UPDATED: Fri., Aug. 3, 2018, 2:54 p.m.

U.S. businesses cast wider net as jobless rate hits 3.9 percent

With the U.S. unemployment rate near a five-decade low, companies are looking harder for employees, and in some cases finding them right at their own workplaces.


UPDATED: Fri., Aug. 3, 2018, 6:36 p.m.

Will economic boom complicate curbing immigration?

One of President Donald Trump’s priorities, low unemployment, is complicating another: curbing immigration.


UPDATED: Mon., July 23, 2018, 10:35 p.m.

Spokane City Council approves millions of dollars in reserve funds for housing, street and downtown projects

About $30 million was moved from reserve accounts for specific projects planned in the final two years of Mayor David Condon’s term, which includes a city investment in the new …


Trump’s economic gamble: Solid job gains vs. risky trade war

From the safety of a resilient U.S. economy, President Donald Trump lit the fuse Friday on a high-risk trade war with China.


Why many Americans aren’t benefiting from robust U.S. economy

The numbers that collectively sketch a picture of a vibrant economy don’t reflect reality for a range of Americans who still feel far from financially secure even nine years into …


Businesses increased spending after the tax bill, but the U.S. economy waiting on that promised big boost

Although surveys show businesses are planning to do more spending following the federal tax overhaul, experts said it’s unclear if the law will produce the big sustained boost to capital …


Putin vows to boost Russian economy as he begins 4th term

Vladimir Putin on Monday launched his fourth term as president with an ambitious call to vault Russia into the top five global economies by developing its technological products and agricultural …


Confidence growing among small-business owners, according to USB survey

Competition from big business has replaced “uncertainty” about the future as the chief concern among small business owners nationally, according to the ninth annual U.S. Bank Small Business Survey.


UPDATED: Fri., April 27, 2018, 4:17 p.m.

Despite tax cuts, U.S. economic growth slowed in first quarter of the year

The U.S. economy slowed to a moderate 2.3 percent annual growth rate in the first quarter as consumer spending turned in the weakest performance in nearly five years. Still, the …


IMF’s Lagarde: Trade tensions threaten global economy

The head of the International Monetary Fund warned Thursday that the healthiest global economy in years is threatened by rising debt levels, volatile financial markets and a simmering trade dispute …


U.S. economic growth in Q4 revised up to 2.9 percent rate

The U.S. economy grew at a solid 2.9 percent annual rate in the final three months of last year, a sharp upward revision that caps three straight quarters of healthy …


Survey of business economists finds growing optimism

Business economists are expressing optimism that tax cuts and increased government spending will accelerate economic growth over the next two years.


Why Trump’s effort to curb immigration could hurt US economy

America’s 21st century job market increasingly demands high-tech skills and knowledge. Yet consider this: Nearly half the new jobs the government foresees emerging by 2026 will require only a high …


UPDATED: Fri., Feb. 23, 2018, 7:58 p.m.

Poll: People feel better about economy, not country

A majority in a new poll, 52 percent, say they think the country’s direction has worsened over the past year, and only 28 percent are optimistic that things will get …


UPDATED: Fri., Feb. 23, 2018, 4:30 p.m.

Analysis of outdoor recreation industry finds its contribution to GDP larger than that of oil, gas extraction

A federal government analysis of the outdoor recreation’s economic impact reaffirms what many conservation groups have said for decades. Outdoor recreation is a big business.


UPDATED: Wed., Feb. 14, 2018, 3:54 p.m.

U.S. inflation pressures raising expectations for interest rate hikes

Inflation pressures appear to be building in the U.S. economy, a prospect that is heightening anxiety about potentially higher borrowing rates that could slow economic growth.