Economy Weekly

The Commerce Department reported that economic recovery continues with a rise in business orders for equipment.
The Department of Labor announced that for the second straight week, “the number of Americans filing first-time claims for jobless benefits fell … to a level that indicates companies are nearing the end of payroll reductions as the economy recovers. First-time jobless applications dropped by 6,000 to 462,000 in the week ended March 6…”
Today, the Department of Labor released the unemployment report for February showing that while economic conditions are improving, Americans are still losing jobs, a reminder that we have a long way to go to get where we want to be.
The Federal Reserve and Commerce Department reported that U.S. manufacturing and housing growth increased in January, positive indications and further evidence that the economy continues to recover.