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As Reata Engineering and Machine Works CEO Grady Cope looks on, a worker prepares a Hexagon machine to confirm that parts meet customers' standards, Thursday, Feb. 15, 2024, in Englewood, Colo. At Reata, which makes parts for aircraft and medical device manufacturers, "efficiency was kind of forced on us,'' Cope said. (AP Photo/David Zalubowski)

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Robots and happy workers: Productivity surge helps explain US economy's surprising resilience
By PAUL WISEMAN - AP Economics Writer
Tue,02/20/24-7:14PM , 63 Reads
WASHINGTON (AP) — Trying to keep up with customer demand, Batesville Tool & Die began seeking 70 people to hire last year. It wasn't easy. Attracting factory workers to a community of 7,300 in the Indiana countryside was a tough sell, especially having to compete with big-name manufacturers nearby like Honda and Cummins Engine.
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A woman works in a shoe maquiladora or factory in Leon, Mexico, Feb. 7, 2023. For the first time in more than two decades, Mexico last year overtook China as America's top supplier of goods — a shift that reflects political tensions between Washington and Beijing and U.S. efforts to import from countries that are friendlier and closer to home. (AP Photo/Mario Armas, File)

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Mexico overtakes China as the leading source of goods imported by US
By PAUL WISEMAN - AP Economics Writer
Wed,02/07/24-12:51PM , 61 Reads
WASHINGTON (AP) — For the first time in more than two decades, Mexico last year surpassed China as the leading source of goods imported by the United States. The shift reflects the growing tensions between Washington and Beijing as well as U.S. efforts to import from countries that are friendlier and closer to home.
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A worker from Portland General Electric replaces a power line as crews work to restore power after a storm on Jan. 16, 2024, in Lake Oswego, Ore. On Friday, Feb. 2, 2024, the U.S. government issues its January jobs report. (AP Photo/Jenny Kane, File)

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The US didn't just avoid a recession — it's adding hundreds of thousands of new jobs
By PAUL WISEMAN - AP Economics Writer
Thu,02/01/24-5:35PM , 62 Reads
WASHINGTON (AP) — The nation’s employers delivered a stunning burst of hiring to begin 2024, adding 353,000 jobs in January in the latest sign of the economy’s continuing ability to shrug off the highest interest rates in two decades.
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A generator and its blades are prepared to head to the open ocean for the South Fork Wind farm from State Pier in New London, Conn., Dec. 4, 2023. On Thursday, the government issues the first of three estimates of GDP growth in the United States during the October-December quarter.(AP Photo/Seth Wenig, File)

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US economy grew at a surprisingly strong 3.3% pace last quarter, pointing to continued resilience
By PAUL WISEMAN - AP Economics Writer
Wed,01/24/24-6:58PM , 74 Reads
WASHINGTON (AP) — The nation’s economy grew at an unexpectedly brisk 3.3% annual pace from October through December as Americans showed a continued willingness to spend freely despite high interest rates and price levels that have frustrated many households.
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