Amy Berson-Sayers has been unemployed since March of 2008. She recently admitted that shortly after her 99 weeks of unemployment benefits ran out, she stopped […]
Month: March 2011
Consumer Confidence in March Shaken By Inflation Fears
U.S. consumer confidence was dealt a gut-wrenching blow in March, falling to 63.4 from a three-year high of 70.4 in February, the biggest one month […]
Washington Fix Unlikely Even As Home Prices Fall
Rep. Dennis Cardoza, a fifth-term Democrat from California’s Central Valley, doesn’t need an economic indicator to describe the state of the housing market. Three cities […]
Manufacturers Leading Recovery Despite Inflation
Prices for raw materials have skyrocketed but manufacturers are still charging forward. The manufacturing sector has a number of things going for it. The auto […]
Fed Says ‘Inflations Ok’ But Higher Food Prices Strain Citizens
“Can I get the 2 for $3,” said 64-year-old Sarah Cabezas. “It’s 2 for $4 now,” retorted the McDonalds cashier. “What? When did it go […]
Japan Crisis Will Push Down the LEI
The Index of Leading Economic Indicators (LEI) moved up to .08 from .01. However it will falter when March’s LEI is released because of the […]
Food and energy prices soar
In the desserts aisle of a bustling Manhattan grocery store, South Carolina natives Nancy and Keith Huffaker place a box of assorted cookies in their […]
Payroll Tax Cut Provides High Price Relief
Effects from the payroll tax cut boosted retail sales, offsetting the impact of higher prices of food and gasoline. Purchases for the month of February […]
Public Sector Layoffs Add To Unemployment Rolls
Hiring in key areas of the private sector has been bullish, but increasing layoffs in the private sector are still a major headwind to job […]
Trade Deficit Widens due to Unexpected Surge in Imports
The U.S. trade deficit widened by an unexpected 15.1 percent to $46.3 billion in January due to a 5.2 percent jump in imports. Economists surveyed […]