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Archive: Economy Subscribe to Economy

Americans Deal With Payroll-Tax Boost to Keep Spending

*from www.bloomberg.com, Mar. 11, 2013 (To view original article click here.) Take Away #1: Consumers and businesses are treating higher payroll taxes and federal spending cuts as just a speed bump for a U.S economy poised to accelerate later...

Construction Jobs Soar on Housing Recovery

*from www.money.cnn.com, Mar. 8, 2013 (To view original article click here.) Take Away #1: The recovery in the housing market is driving a turnaround in the labor market as well, especially in construction. Key Facts and Figures: The better-than-expected...

Labor Market Gains Help Brighten Americans’ Outlook

*from www.bloomberg.com, Mar. 7, 2013 (To view original article click here.) Take Away #1: Applications for unemployment benefits in the U.S. unexpectedly declined to a six-week low. Key Facts and Figures: First-time jobless claims fell by...

ADP Says Companies in U.S. Added 198,000 Workers in February

*from www.bloomberg.com, Mar. 6, 2013 (To view original article click here.) Take Away #1: Companies added more workers than projected in February, indicating the U.S. job market will keep expanding this year, according to a private report...

Why America’s Middle Class is Losing Ground

*from www.money.cnn.com, Mar. 5, 2013 (To view original article click here.) Take Away #1: Middle-class people are being pinched by stagnating incomes and increased cost of living. Key Facts and Figures: America’s median household income...

Dow Inches Closer to Record High

*from www.money.cnn.com, Mar. 4, 2013 (To view original article click here.) Take Away #1: U.S. stocks ended higher Monday, as investors remain optimistic about the economy despite federal spending cuts. Key Facts and Figures: After languishing...

Euro Leaders Demand Austerity as Italy Nears New Vote

*from www.bloomberg.com, Mar. 4, 2013 (To view original article click here.) Take Away #1: European leaders demanded that euro members press on with budget cuts as Italy’s anti-austerity vote last week resulted in a political deadlock. Key...