Tag Archives | United States

Inc. report: These are the most profitable industries of 2014

The most profitable industry in 2014 is health, according to Inc., followed by information-technology services. The magazine analyzed the revenue of the businesses on its list of the 5,000 fastest-growing companies and determined the top 10 revenue-generating sectors of 2014, as follows: 1. Health 2. Information-technology services 3. Business products and services 4. Energy 5. […]

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Consumer spending slowed by February cold

The brutal cold weather in February put a chill on consumer spending, according to Atlanta-based First Data Corp.’s monthly SpendTrend report. Dollar volume growth was 2.4 percent — a slight slowdown compared with January’s 2.5 percent growth as severe winter weather lingered into February. Spending growth regained momentum near the end of the month as […]

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Startup activity in U.S. at 13-year high

Entrepreneurship is back: Nearly 13 percent of Americans were starting or running new businesses in 2012, the highest rate of entrepreneurial activity in the U.S. since at least 1999, writes Washington Bureau chief Kent Hoover. That’s according to the Global Entrepreneurship Monitor, an annual report published by Babson College and Baruch College. Three out of […]

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U.S. jobless rate rises to 7.9 percent

The United States added 157,000 jobs in January, but that was not enough to prevent a slight increase in the nation’s unemployment rate, according to the U.S. Bureau of Labor Statistics. The jobless rate in January was 7.9 percent, up from 7.8 percent in December. Economists had projected that the unemployment rate would hold steady. […]

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Home Depot speeds up hiring of 70K seasonal workers

Atlanta-based The Home Depot Inc. (NYSE: HD) will start a month earlier than planned to hire more than 70,000 seasonal workers in the U.S., reports Bloomberg. The home improvement company is getting a jump on hires “amid competition to sell flowers, fertilizer and grills to homeowners reluctant to spend on big-ticket remodeling,” Bloomberg reported. “We […]

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