The U.S. economy grew at an annual rate of 2.3 percent in the first three months of 2018, the Commerce Department said Friday. The results were slightly above Wall Street analysts’ forecasts of 2 percent annual growth rate and represented an expected slowing from the fourth quarter’s 2.9 percent growth rate. The Commerce Department report… Read More U.S. economy grew faster than expected in first quarter
Americans boosted their spending by 0.4 percent in March, the best showing in three months. Meanwhile, a key gauge of inflation closely watched by the Federal Reserve rose at the fastest pace in more than a year. Personal incomes advanced a moderate 0.3 percent in March, matching the February gain. An inflation gauge tied to… Read More US consumer spending rebounded 0.4 percent in March
The U.S. economy grew by an annualized 2.3 percent in the first quarter, according to preliminary data. This was slightly better than the consensus estimate of around 2 percent, even as real GDP eased from 2.9 percent growth in the fourth quarter data. In addition, this was the strongest first quarter reading in three years. Overall, the latest… Read More NAM: Monday Economic Report
Barring any last-minute complications, Bayer’s plan to acquire Monsanto is on track to win U.S. antitrust approval by the end of May, Reuters reports, citing a source familiar with the matter. Also Thursday, Bayer said it had agreed to sell more businesses to BASF to appease European regulators. “With this move, we are implementing the… Read More Bayer-Monsanto deal said to be on track for US approval by end of May
First-time claims for unemployment benefits fell to a 48-year low last week as the labor market shows further signs of tightening after years of steady growth. Claims plummeted to 209,000, a decrease of 24,000 in the week through April 21, from the previous week’s 232,000, the lowest level since Dec. 6, 1969, the Labor Department… Read More Unemployment claims fall to 48-year low
Associated Industries of Missouri has provided a weekly video legislative update at 10:00 on Monday mornings since the beginning of the 2018 Legislative Session. We are changing the way we will deliver these updates to better suit your busy schedule. Effective immediately, we will no longer conduct the webinars at 10:00 on Monday mornings. If… Read More NEW! Get the AIM legislative update on your schedule!
April 26, 2018 – Associated Industries of Missouri announced today the organization is supporting Rep. Kevin Corlew (R) in his bid to replace former Senator Ryan Silvey in a special election to be held June 5, 2018. “Rep. Corlew’s use of his skills to help employers and promote jobs in Missouri makes our endorsement of… Read More Associated Industries of Missouri endorses Rep. Kevin Corlew in Missouri Senate race