Chicago Factory Growth Slows, Jobs Index Dives
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Growth in Chicago-area factories  slowed in December as the pace of hiring slowed for the first  time in six months, suggesting U.S. firms remain reluctant to  hire new workers.
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Recent expansion in the U.S.  manufacturing sector lost some momentum last month as growth in  new orders and employment retreated, but industrial costs  jumped, according to data published on Thursday.
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U.S. industrial production growth  nearly stalled last month as cool weather led to a drop in  electrical output, which obscured a strong performance at  factories, a Federal Reserve report showed on Wednesday.
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U.S. factory activity expanded at a   slightly reduced pace in August, while new order growth slowed   as well, according to a survey published on Friday.
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The nation's unemployment rate dipped to 4.5 percent in February even as big losses of construction and factory jobs restrained overall payroll growth. Wages grew briskly.
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Business activity in the U.S. services  sector in July and new orders at U.S. factories in June were  surprisingly weak, two reports showed on Thursday, signaling  that economic growth was decelerating.
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U.S. consumer confidence retreated in  August while Chicago-area business activity slowed, according  to reports on Tuesday that added to worries the economy's patch  of slow growth may last beyond the summer.
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The U.S. economy added a slightly weaker-than-expected 97,000 jobs in February, the smallest gain in more than two years, as increases in service-sector employment offset declines in construction and manufacturing, a government report showed on Friday.
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U.S. Treasury debt prices rose on Thursday after a survey of Chicago-area manufacturers showed slower factory growth and signs that hiring remains subdued, boding poorly for next week's employment report.
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Illinois Tool Works Inc.  cut its  quarterly profit outlook on Friday, becoming the latest  manufacturer to warn of the effects of a slowing U.S. economy.
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U.S. manufacturing growth eased in September to its slowest in more than a year, but home sales and construction figures suggested a less abrupt decline in the housing sector than many experts had foreseen.
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The U.S. manufacturing sector will grow at a slower pace over the next two years than it did in 2006, according to a new report, as new clean-air rules for diesel engines, and continued weakness in the housing and auto industries, weigh on key industrial end markets.
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NEW YORK  - U.S. factory output grew more slowly in January as companies received fewer orders, although managers did show a renewed desire to hire new workers, an industry survey showed on Tuesday.
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U.S. stocks ended the final day of the  second quarter on a down note, slipping on Friday after  weaker-than-expected data on Chicago-area manufacturing stirred  concerns about the economy and offset fresh hopes for a faster  turnaround at General Motors Corp. .
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Factory orders suffered their steepest drop in six years last month and an index of pending homes sales fell, according to data on Tuesday highlighting weak spots in the economy and risks to output.
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U.S. factory output grew more slowly  in January as companies received fewer orders, although  managers did show a renewed willingness to hire.
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NEW YORK -- The nation's manufacturing sector, hurt by softer U.S. auto sales and a weakening housing market, expanded at a slower pace in September than in August, a trade group said Monday.