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Labor Participation at Full Employment, Study Shows

The U.S. labor market doesn’t have much more room to tighten, according to a new study from the Federal Reserve Bank of San Francisco that examines trends in the number of Americans who are either working or looking for jobs.

November 20, 2018

ºÚÁϳԹÏÍø Construction Rises 1.5% in October

U.S. home construction improved 1.5% in October, but in a troubling sign, groundbreakings for single-family houses fell.

November 20, 2018

Trump to Nominate Andrew Wheeler for Top Job at EPA

President Donald Trump announced his intent to nominate Andrew Wheeler for the administrator role at the U.S. Environmental Protection Agency, where he currently serves as acting administrator.

November 19, 2018

Diesel Falls Again, Drops 3.5¢ to $3.282 a Gallon

The U.S. average retail price of diesel dropped 3.5 cents to $3.282 a gallon in data reported Nov. 19 as crude oil prices fell amid persistent concerns about oversupply.

November 19, 2018

ASCE Gives Pennsylvania Infrastructure a C- Again

Pennsylvania has again earned a C- on the American Society of Civil Engineers’ infrastructure report card. That grade is just above the group’s grade of D+ for the nation’s infrastructure in 2017.

November 19, 2018

Connecticut Report Projects Tolls Could Raise $1 Billion a Year

The Connecticut Department of Transportation released a study Nov. 14 which stated that electronic tolls posted on highways throughout the state could raise nearly $1 billion a year, but the study comes at a time when a tolling program underway in neighboring Rhode Island faces a court challenge.

November 19, 2018

Nation’s Ports Booming Amid Strong Economy

September and October were record months for many of the nation’s ports as shippers prepared for a busy holiday shopping season and rushed to get cargo into the U.S. ahead of the Trump administration’s tariffs against several nations, including China.

November 19, 2018

Increase in Online Shopping Could Lead to Package Delays

Area shoppers will want to purchase their holiday gifts earlier this year, as a major jump in online holiday shopping could complicate the delivery system.

November 19, 2018

ºÚÁϳԹÏÍøbuilder Confidence Drops by Most Since 2014

Confidence among U.S. homebuilders plummeted by the most since 2014 as the highest borrowing costs in eight years restrained demand, adding to signs of a cooling housing market that will weigh on the Federal Reserve’s debate over how far to raise interest rates.

November 19, 2018

Postal Service Gears Up for Holiday Deliveries

The U.S. Postal Service said it expects to deliver nearly 15 billion pieces of mail and 900 million packages between Thanksgiving and New Year’s Day, according to a release.

November 19, 2018