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Author Archives: Josh Boak, AP Economics Writer

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US economy may be stuck in slow lane for long run (access required)

WASHINGTON  — In the 4½ years since the Great Recession ended, millions of Americans who have gone without jobs or raises have found themselves wondering something about the economic recovery: Is this as good as it gets? It increasingly looks ...

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US construction spending up 1 percent in November (access required)

WASHINGTON  — U.S. construction spending rose in November at the strongest pace in more than four years, driven by solid gains in home construction and commercial projects. The Commerce Department said construction spending increased 1 percent in November to a ...

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US mortgage applications tumble to a 13-year low (access required)

WASHINGTON — The number of Americans applying for mortgages has fallen 63 percent since a May peak, reflecting a cooling housing market and higher borrowing rates. The Mortgage Bankers Association says applications fell a seasonally adjusted 6.3 percent last week ...

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