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Posts Tagged "consumer confidence"
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Economists continue to lower their expectations for a vigorous, sustained recovery. The...
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The economy shrank 1% during the 2nd quarter of 2009. Economists had forecasted that the economy would shrink by 1.5%. Because the shrinkage was significantly less than predicted, experts are whispering that the recession may be over. Some are saying the economy...
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Factory output increased by 0.5% in July. This marks the first time in nearly two years that output improved. Economists are hoping that this news portends an economic recovery in the near future.
The manufacturing sector is greeting this news with cautious...
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The Federal Reserve has just announced that the federal funds rate will now range from 0-.25%. The federal funds rate governs the interest that banks charge each other. It now stands at its lowest rate in over 50 years. Despite claims to the contrary, the...
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