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The broadest measure of health of the nation’s economy shows it expanded at an annual rate of 3.6% in the third quarter of the year, more than originally reported, according to the U.S. Commerce Department on Thursday.
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Border crossings into the U.S. from Canada and Mexico in 2012 included 10.7 million truck crossings, along with with personal vehicles entering the U.S. nearly 96 million times (33.1 million from Canada, and 62.7 million from Mexico.) The stats also include 320,000 buses and 37,000 trains.
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Sales of new homes on the United States skyrocketed in October, recording the biggest monthly increase in more than 30 years, according to a new U.S. Commerce Department report.
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Sales of new automobiles, light-trucks and SUV’s in the U.S. picked up their pace dramatically last month, hitting an annual rate of 16.4 million, far above the 15.3 million yearly rate in October and the best since early 2007.
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UPDATED -- Total construction spending in the United States hit a four and half year high in October, according to U.S. Commerce Department report released on Monday.
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Despite a partial government shut down last month, resulting in hundreds of thousands of people being out of work and with no paychecks, retail sales in the U.S. unexpectedly increased.
Read More →UPDATED -- A new U.S. Labor Department report shows there was a net gain of 204,000 jobs in the country during October, far more than economists were predicting, while trucking added just a few jobs.
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A new report shows the American economy expanded in the third quarter of the year at a surprisingly higher rate than expected.
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Conditions for the American economy are improving and may continue doing so, according to a new report out from one private research group.
Read More →Sales of new automobiles in the United States increased 10.6% in October from the same time a year ago.
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