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Last updated: 20:00:13 Monday Nov 2, 2009


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  • 3 strong economic reports lift recovery hopes
    WASHINGTON - Hopes for the fledgling economic recovery got a boost Monday from better-than-expected news on manufacturing, construction and contracts to buy homes.   People:Barack Obama   Activities:2008 U.S. Recession   Source:(AP)   2009-11-02

    May housing construction jumps by 17.2 percent
    WASHINGTON - Construction of new homes jumped in May by the largest amount in three months, an encouraging sign that the nation's deep housing recession was beginning to bottom out.   People:Barack Obama   Activities:2008 U.S. Real Estate Crisis   Source:(AP)   2009-06-16

    AP IMPACT: Chinese drywall poses potential risks
    PARKLAND, Fla. - At the height of the U.S. housing boom, when building materials were in short supply, American construction companies used millions of pounds of Chinese-made drywall because it was abundant and cheap.   Nations:U.S. China   2009-04-11

    Factory decline eases, consumer spending drops
    WASHINGTON (Reuters) - U.S. factory activity contracted at a slower pace in January as credit markets improved, data showed on Monday, but the general picture remained one of an economy sliding deeper into recession.   Activities:2008 U.S. Recession   Source:(Reuters)   2009-02-02

    To lift economy, China urges citizens to spend more
    Beijing - Li Wen, the manager of a Citroen auto dealership in south Beijing, is pretty proud of himself. As car sales across China dive, torpedoed by the international crisis, his figures are holding up.   Activities:2008 U.S. Recession Global Financial Crisis   2009-01-09

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