Growth

US exports rise signalling firmer growth The US economy is sluggish, but it is still moving along. That was the message from 2 economic reports that pointed to a weak labor market, but also a better performance on trade that should boost Q-3 GDP. The number of Americans filing new claims for jobless benefits rose unexpectedly last week, further evidence of an anemic employment picture just hours before President Barack Obama unveils a plan on job creation in a major address to Congress. Still, a considerably narrower trade deficit for July offers hope for economic growth in Q-3 following a … Read more