recession

recession Articles

The Commerce Department is delivering some awful news on the second quarter preliminary Gross Domestic Product in the U.S.   GDP is coming in at a preliminary second quarter level of a mere 1.3%. ...
There are several counties in America, each with more than 10,000 homes, which have vacancy rates above 55%. The rate is above 60% in several. Most people who follow unemployment and the housing...
Someone forgot to tell a number of the world’s leading economists that the economy has begun to turn down. A panel of 242 members of the National Association for Business Economics found that...
The weak 2.5% GDP showing for the second quarter has brought dozens of new theories into the shopping bazaar of explanations about America’s growth prospects. One school says that the effect of...
Concerns about the economy ran well ahead of those about the environment and the clean up in the Gulf. That should not be a surprise because there is a great deal of evidence about the economy...
If you have watched the ticker tape, July’s trading action is signaling much less of a chance of a true double-dip recession than what was being telegraphed during the gloom days throughout June. ...
Maybe the markets felt directionless for most of Friday ahead of earnings season, but the trading action of this week might make some wonder if a Double-Dip Recession is less likely.  The economic...
Gallup’s Economic Confidence Index fell to -34 last week, the lowest weekly average since last July. At the same time, Gallup’s Job Creation Index remains relatively positive. That means that...