A roundup of agriculture news, compiled by The News-Gazette's Don Dodson
URBANA — Illinois produce farmers can get a better handle on what the market is bearing, with University of Illinois Extension staff collecting data on what's charged at farmers' markets.
WASHINGTON (AP) — Orders for long-lasting manufactured goods rebounded in June after a May decline, helped by a recovery in demand in a key category that signals business investment plans.
Orders for durable goods increased 0.7 percent in June on a seasonally adjusted basis following a 1 percent decline in May, the Commerce Department reported Friday.
WASHINGTON (AP) — The International Monetary Fund foresees the global economy expanding less than it had previously forecast, slowed by weaker growth in the United States, Russia and developing economies.
WASHINGTON (AP) — The risk of losing your job is getting smaller and smaller.
WASHINGTON (AP) — Sales of new U.S. homes plunged in June, a sign that real estate continues to be a weak spot in the economy.
New home sales fell 8.1 percent last month to a seasonally adjusted annual rate of 406,000, the Commerce Department said Thursday. The report also revised down the May sales rate to 442,000 from 504,000.
BELLEVILLE (AP) — A water utility is expanding its corporate office in southwestern Illinois.
Illinois American Water says the $1.4 million project at its Belleville location includes a 5,200-square-foot building that will provide more office and storage space.
The Belleville News-Democrat reports (http://bit.ly/1rLzIie ) construction is expected to be completed this fall.
WASHINGTON (AP) — Out of a seemingly hollow recovery from the Great Recession, a more durable if still slow-growing U.S. economy has emerged.
WASHINGTON (AP) — U.S. consumer prices rose in June at a slightly slower pace than in May with two-thirds of the June advance driven by the largest jump in gasoline prices in a year.
Prices rose 0.3 percent in June following a 0.4 percent rise in May, the Labor Department reported Tuesday. The May increase had been the biggest one-month gain in more than a year.
WASHINGTON (AP) — Sales of previously owned homes rose for a third straight month in June, pushing activity to the highest level in eight months and providing evidence that housing is regaining lost momentum.