Economist Russell Price decided to get a head start on work he’d been putting off for more than 10 years at his own house as he began to see an improvement in home-renovation data.
The partial government shutdown this month trimmed 0.25 percentage point from fourth-quarter economic growth and cost the U.S. 120,000 jobs in October, President Barack Obama’s chief economic adviser said.
The cost of living in the U.S. probably rose at a slower pace in August as energy prices fell, economists said before a report today.
Companies are renting more uniforms as hiring in industries such as manufacturing and food service outpaces the U.S. economy’s best six-month streak of job growth since 2006.
"Businesses have been running with extremely tight workforce levels, and as demand has been improving consistently, they're finding they need to hire just to keep up with new orders coming in the door."
- Russell Price on Dec 19, 2014
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