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The Spokesman-Review Newspaper

Saturday, January 19, 2019  Spokane, Washington  Est. May 19, 1883
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Stories tagged: economy


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.


U.S. services firms record strongest performance since 2005

The U.S. services sector boomed in January, registering the best performance since 2005 and delivering more evidence of American economic strength.


Fed leaves key rate unchanged at Yellen’s final meeting

The Federal Reserve has left its benchmark interest rate unchanged but signaled that it expects to resume raising rates gradually to reflect a healthy job market and economy.


UK’s Theresa May heads for China as rivals plot her demise

British Prime Minister Theresa May is flying to China seeking a key economic partner for post-Brexit Britain. She leaves behind a divided government, a feuding Conservative Party – and a …


AP Fact Check: Trump’s claims on climate, economy

WASHINGTON – President Donald Trump tried to play it both ways on climate change in describing a warming-but-cooling planet Earth. The unequivocal response, according to data and climate scientists: wrong. …


UPDATED: Fri., Jan. 26, 2018, 2:30 p.m.

U.S. economy grew at solid 2.6 percent rate in fourth quarter

The U.S. economy grew at a solid rate of 2.6 percent in the final three months of last year, helped by the fastest consumer spending since the spring of 2016 …


Shawn Vestal: If you think tax cuts are unleashing the economy, wait till you see the pot numbers

The new federal tax cuts should add a jolt to the state’s economy, a new revenue forecast says. Not a huge jolt. Not a marijuana-sized jolt.


Long shutdown could hurt economy, a short one just ‘a blip’

If the shutdown lasts just days or even a couple of weeks, the robust stock market that President Donald Trump has boasted about probably will emerge unscathed. A longer impasse, …


UPDATED: Thu., Jan. 11, 2018, 2:15 p.m.

U.N. chief touts positive economic contributions of migrants

Secretary-General Antonio Guterres urged all countries Thursday to focus on the overwhelmingly positive contributions of migrants and use “facts not prejudice,” warning that authorities who erect obstacles “inflict needless economic …


Analysis: Iran protests show danger of economic woes

The protesters rallied for days in Iran, chanting against government corruption and demanding justice.


U.S. employers closed out 2017 with modest but steady hiring

U.S. employers added 148,000 jobs in December, a modest gain but still enough to suggest that the economy entered the new year with solid momentum.


Hard-line cleric says social media fed Iran protests, unrest

A hard-line cleric leading Friday prayers in Iran’s capital called on the Islamic Republic to build its own social media, blaming popular international messaging apps for the unrest that accompanied …


UPDATED: Tue., Jan. 2, 2018, 2:24 p.m.

Iran’s top leader blames protests on meddling by ‘enemies’

Iran’s supreme leader on Tuesday blamed the protests roiling the country on “enemies of Iran” who he said were meddling in its internal affairs, as state television reported that overnight …


UPDATED: Sat., Dec. 30, 2017, 3:02 p.m.

New economic protests in Tehran challenge Iran’s government

A wave of spontaneous protests over Iran’s weak economy swept into Tehran on Saturday, with college students and others chanting against the government just hours after hard-liners held their own …


U.S. economy grew at solid 3.2 percent rate in third quarter

The U.S. economy grew at a solid 3.2 percent annual rate from July through September, slightly slower than previously estimated but still enough to give the country the best back-to-back …


Trump defends tax plan, proclaims economy set ‘to rock’

Closing in on the first major legislative achievement of his term, President Donald Trump on Saturday defended the Republican tax cut as a good deal for the middle class while …


UPDATED: Wed., Dec. 13, 2017, 12:06 p.m.

Study: Oregon’s state parks put $1B into economy

A study by the Oregon Parks and Recreation Department finds visitors to the state’s parks contributed more than $1 billion to the economy and supported 16,000 jobs in 2016.


U.S. factory growth slowed in November but still looks strong

American factories grew more slowly in November but still appear healthy.


UPDATED: Wed., Nov. 29, 2017, 8:38 a.m.

U.S. economy expanded at brisk 3.3 percent pace in third quarter

Led by a rise in business investment, the U.S. economy grew at an annual pace of 3.3 percent from July through September, its fastest rate in three years.


World economy growing faster than in years, but not for long

The world economy is growing faster than it has in seven years and more and more people are working – but the high growth isn’t expected to last long, and …