Browsing Tag
Recovery
4 bright spots amidst the gloom of recession
There is still no guarantee that the gloom and doom days of America is about to end. But the end of summer showed a few
Income and the spending up in August
A government report states that personal income jumped up 0.2% to a total of $19.3 billion - a better-than-expected rise compared to the 0.1% pegged
1 million jobs saved by stimulus plan
According to the president's people, the stimulus plan is said to have created or saved around 1 million jobs up to August. The second quarter
Outstanding credit dropped in July
The latest consumer credit report from the Fed revealed that credit outstanding figures dropped by $21.6 billion in July - a record six-month decline. This
Federal Reserve says worst of recession is over
In a statement, the Federal Reserve suggested that the recession might have . While "economic activity is likely to remain weak for a time", it
