Paul Davidson, USA TODAY

Paul Davidson

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Recent:
  • USA TODAY
  • Naples Daily News
  • North Jersey News
Past:
  • ABC10
  • The Courier-Journal
  • The Asbury Park Press NJ
  • Statesman Journal
  • Indianapolis Star
  • Detroit Free Press
  • Lansing StateJournal
  • WWL-TV
  • 11Alive Atlanta
  • News-Leader

Recent articles by Paul:

Economic growth likely back to ho-hum pace in Q4

If you were hoping the third quarter’s acceleration in economic growth augured a sustained pickup, next Friday’s report on the economy’s performance the fourth quarter is likely to curb your enthusiasm. Experts reckon growth returned to the modest 2% pace marking the 7-1/2-year-old recovery. And that's not a bad thing. The economy grew at a 3.5% annual rate in the third quarter, a two-year high,… → Read More

Consumer seem to be in the mood to spend

This week's economic news features retail sales and consumer credit → Read More

Out of work for six months or more? Here's why you can't find a job

Many employers remain reluctant to take risks and invest in the long-term unemployed → Read More

Holiday sales are expected to be strong

Friday's retail sales report for December will include the final tally → Read More

Employers add 156,000 jobs in Dec., wage gains hit 7-year high

Employers added a modest 156,000 jobs in December but wage growth hit a seven-year high as President Barack Obama hands his successor, Donald Trump, a slowing but solid labor market that holds the promise of bigger paychecks for Americans. The unemployment rate, which is calculated from a different survey, rose to 4.7% from 4.6%, as nearly 200,000 Americans entered the labor force, which… → Read More

ADP: Businesses added 153,000 jobs in December

Payroll processor ADP said Thursday that businesses added 153,000 jobs in December in a possible sign the government’s employment report this week will also show modest gains. Economists surveyed by Bloomberg expected ADP to record 175,000 job gains. The Labor Department on Friday is expected to tally 180,000 additional jobs in the public and private sectors. ADP attempts to foreshadow the Labor… → Read More

Fed: Low unemployment, Trump fiscal stimulus could speed rate hikes

Meeting minutes show why Fed projected three rate increases in 2017, up from two previously → Read More

Economists: Growth will pick up next year

President-elect Donald Trump's economic plan is a wildcard, according to economists surveyed → Read More

What led Fed to bump up rate-hike forecast?

Minutes of Fed's mid-December meeting should provide a clue. Also this week:Dec.jobs report. → Read More

Housing outlook brightens despite higher rates

Job and wage growth and a rise in housing supplies next year should boost sales and starts → Read More

What happens to worker pay, benefits under Trump?

Here's a rundown of the top issues for workers in 2017, from minimum wage to paid family leave → Read More

The economy grew healthy 3.5% in third quarter

The economy grew faster than previously thought in the third quarter on stronger consumer spending, commercial construction and state and local outlays. The nation’s gross domestic product – the value of all goods and services produced in the economy – increased at a seasonally adjusted annual rate of 3.5%, up from the 3.2% previously estimated, the Commerce Department said Thursday. That’s the… → Read More

Mortgage applications rise after 2-month slump

Applications increased 2.5% as refinancing picked up after long slide → Read More

Why China matters in Trump's economic policy

China became the world's factory and that had an unquestionable impact on U.S. jobs. → Read More

With Fed hike done deal, economists eye next one

Reports this week higlight consumer spending, business investment, housing → Read More

Finally! Fed hikes rates for first time in 2016, forecast 3 more in 2017

Fed lifts key rate by a quarter point to 0.6%; predicts slightly faster hikes → Read More

What a Fed rate hike means for you (get ready to pay more)

Fed rate hike is expected to affect mortgages, auto loans, credit card rates. → Read More

Retail sales were sluggish in November

Retail sales slowed significantly in November after surging the previous month, raising questions about the strength of the holiday shopping season and consumer spending in the fourth quarter. Sales increased 0.1%, below the 0.3% economists expected. Excluding volatile auto and gasoline, sales rose 0.2%. Economists had forecast a 0.4% increase. Also, sales growth for October was revised down to… → Read More

Trump trade: Not as easy as it looks

The few executives talking about offshoring offer a more complex picture → Read More

Why Trump's Mexican standoff won't work

Donald Trump's vow to stop jobs from heading south might not be the plan some hope. → Read More