Economy

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ARTICLES

Strong dollar divides economy into winners, losers

Hoosier businesses and consumers face a dynamic not seen in a generation—a dollar significantly more muscular than many competing currencies. Experts predict the dollar’s clout and the pros and cons of that power will endure for a year and possibly as long as three.
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Orders for U.S. durable goods show monthly rebound

Orders to U.S. factories for long-lasting manufactured goods bounced back in January, rising by the largest amount in six months, although much of the strength came from a big jump in airplane orders.
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Cheaper gas lowers U.S. retail sales for 2nd straight month

U.S. retail sales fell sharply last month as gas prices plummeted and auto sales slowed. But excluding those volatile categories, Americans stepped up their spending a bit.
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January jobs report finds robust gains on all fronts

The Labor Department said Friday that the economy added 257,000 jobs in January, previous months were revised up, wages rose by the most in six years, and more Americans entered the job market.
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U.S. factory orders fall for 5th straight month

Orders to U.S. factories dropped for a fifth consecutive month in December, while a key category that signals business investment plans fell for a fourth straight month.
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Consumer spending slips in December as car sales weaken

Personal income rose 0.3 percent in December, aided by the steady wave of hiring over the past year. But rather than spend those gains, consumers saved more of their disposable income.
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U.S. pay, benefits posted biggest gain since 2008

An uptick in the employment cost index during 2014 could be a sign strong job gains are forcing companies to pay a bit more for workers.
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U.S. posts big job gains, but wages shrink

The United States capped its best year for hiring in 15 years with a healthy gain in December, and the unemployment rate hit a six-year low. Average hourly pay slipped 5 cents.
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Applications for U.S. jobless aid rise, but growth looks solid

More Americans sought unemployment benefits last week, but the number of applications continues to be at historically low levels that suggest solid economic growth will continue.
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Consumers burst with confidence in December

Suddenly robust economic growth, low unemployment and shrinking gas prices have improved the outlook of Americans, a study shows.
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