22 raises, by 12 presidents, but how much in your pocket?
Economic Indicators
China Exports Boom Suggests Economic Recovery
… if the figures are reliable, that is
Economy Growing at Fastest Pace in 2 Years
The U.S. economy grew at an annualized rate of 3.2 percent in the fourth quarter of last year, the government estimated Thursday.
Why Today’s Miserable Job Numbers Are Probably Wrong
A revision is likely coming
What Recovery? The Average Family Is Still Poorer Than it Was Seven Year Ago
Here’s a statistic that illustrates just how bad the recession was: Despite U.S. households gaining $21 trillion in household wealth since 2009, the average family is still poorer than it was in 2007. That’s right, according to …
The Global Economy Is About to Pop!
Unless economists are wrong—which, it turns out, they often are
When Taking On More Debt Is a (Very) Good Thing
The 2008 financial crisis had many causes, but the underlying theme of the meltdown was that businesses and individuals took on too much debt. Since the bubble burst, the country has been dealing with the problem of casting off …
Jobless Rate Falls To 7%, A 5-Year Low
Best since 2008
GDP Growth Soars to 3.6% in Third Quarter: Will it Last?
Always remember to read the fine print, especially when it comes to government statistics.
Though the Commerce Department announced Thursday that estimates for third-quarter GDP growth had been revised up to an eye-popping …
New Data Hint At Accelerating Economic Recovery
While some economy watchers have been disappointed by lackluster retail sales over the long Black Friday weekend, two other data points released Monday suggest the economic recovery is picking up steam.
The Institute for …
Unemployment Rate Ticks Up To 7.3 Percent
Effects of government shutdown felt, unemployment ticks up
Foroohar: Housing Will Not Save the Economy
When it comes to the U.S. economic recovery, the conventional wisdom is that it’s all about housing. That’s where the majority of Americans keep the majority of their wealth. It’s 15% of the economy and has been driving …