Economic Indicators

Governor's administration proposes gas tax increase

Gov. Mike DeWine's administration on Thursday recommended increasing the state gas tax by 18 cents a gallon beginning July 1 and annually adjusting that tax for inflation to provide sufficient funding for maintenance of roads and bridges.

Business Highlights

___ Resumption of high-level US-China trade talks raises hopes WASHINGTON (AP) — The Trump administration resumed high-level talks with Chinese officials on Thursday, aiming to ease a trade standoff that's unnerved global investors and clouded the outlook for the world economy.

Group that promotes development near Canada border expanding

An organization that promotes economic development near the Canadian border in northern New England and upstate New York is expanding the areas eligible to receive the assistance, U.S. Sen. Patrick Leahy said Thursday during an event in Middlebury.

Correction: EPA-PolyMet Mine story

A Minnesota environmental group filed a federal lawsuit against the Environmental Protection Agency Tuesday, seeking to force it to make public the concerns its specialists have expressed about a copper-nickel mine in the northeast of the state.

US durable goods orders up 1.2 percent in December

Orders to U.S. factories for big-ticket manufactured goods posted a 1.2 percent advance in December, the best showing in four months, but much of the strength came from a surge in orders for commercial aircraft.

US home sales tumbled 1.2 percent in January

U.S. home sales fell 1.2 percent in January to their worst pace in more than three years, as persistent affordability problems have put a harsh chill in the real estate market.