Economy


Department of Labor Reports on Productivity

The U.S. Bureau of Labor Statistics reported today that labor productivity in the nonfarm business sector increased at a 3.1-percent annual rate during the third quarter of 2016, the first increase in that measure after three consecutive declines. An Associated… more

Income, Spending and Prices Are on the Rise, Says Commerce Department

The likelihood of an interest-rate increase from the Federal Reserve grew today with the release of October’s consumer spending and personal income numbers from the United States Commerce Department. The Commerce Department also said that consumer spending in October increased… more

Kauffman Foundation Stresses the Importance of “Main Street” Entrepreneurs

The Ewing Marion Kauffman Foundation shared some information today from its report on what it calls “Main Street” entrepreneurs, owners and founders of companies more than five years old and with 50 or fewer employees—companies that account for 63 percent… more

Study Says Entrepreneurship Is Alive and Well

The 2016 Kauffman Index of Main Street Entrepreneurship, released today by Kansas City’s Ewing Marion Kauffman Foundation, indicates an increase of small business activity across the country. A particularly good sign, the report says, is a consistent rise in the survival… more

Government Says Slightly More Jobs Offered in September

The U.S. Bureau of Labor Statistics said today, in its Job Openings and Labor Turnover report—that employers posted slightly more job openings in September—5.49 million, up from 5.45 million openings in August, which was an eight-month low. Hires dropped 3.5… more

Survey Says Midwest Economy Continues to Lag

Creighton University Mid-America Business Conditions Index for a nine-state region stretching from Arkansas to North Dakota, declined for the month of October. The overall index came in at 43.8—down from 45.5 in September and the fourth straight month it has… more