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PublishedJuly 27, 2023
U.S. economy accelerated unexpectedly to 2.4% growth rate despite Fed hikes
Driving the gain was a burst of business investment.
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PublishedJuly 7, 2023
U.S. slowed hiring but still added solid 209,000 jobs in June in sign of economy’s resilience
Many industries are still adding jobs to keep up with consumer demand and restore their workforces to pre-pandemic levels.
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PublishedJuly 7, 2023
Strong labor market growth is pushing aside recession fears
The U.S. economy added 209,000 jobs in June and unemployment fell to 3.6%.
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PublishedMay 22, 2023
What it would mean for the global economy if the U.S. defaults on its debt
A default could shatter the $24 trillion market for Treasury debt, cause financial markets to freeze up and ignite an international crisis.
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PublishedDecember 13, 2022
A slowdown in U.S. inflation eases some pressure on households
Gas and electricity prices have fallen, but grocery costs continue to be a sore spot.
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PublishedDecember 8, 2022
Report: Out-of-state recruiting helps BIW drive Maine economy
An analysis from University of Southern Maine’s Center for Business and Economic Research found Bath Iron Works supported more than $1.8 billion in economic output in 2021, thanks in part to the shipyard's push to draw out-of-state workers, a strategy labor experts say could help solve the problem of Maine's shrinking workforce.
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PublishedOctober 27, 2022
U.S. economy rebounds amid resilient consumers, businesses
The U.S. economy grew at a solid pace in the third quarter, marking the first advance this year.
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PublishedSeptember 19, 2022
How the strong U.S. dollar can affect everyone
The value of the U.S. dollar has been on a tear for more than a year against everything from the British pound across the Atlantic to the South Korean won across the Pacific.
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PublishedAugust 19, 2022
Maine’s unemployment rate heads toward record low
The state's jobless rate hits the lowest point since the start of the pandemic and nears record lows set three years ago.
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PublishedAugust 2, 2022
Job openings eased in June, reflecting early signs of slowdown
Americans still quit at the same elevated rate as the last few months.
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