GDP Grew 2.2% in Q1: Commerce Department
The GDP result, while showing slower growth than last quarter, suggests that the economy will continue to expand, slowly but steadily.
Import-Export Prices Rose in October; Jobless Claims Down in Week
A week after the midterm elections and the Fed's decision to pump more money into the economy, reports on import and export prices and jobless claims don't reflect the new reality.
The ‘Great Recession’ Is Over, Says Economic Research Bureau
Not only has the U.S. recession officially ended, but it ended way back in June 2009, the Business Cycle Dating Committee of the National Bureau of Economic Research (NBER) announced Monday.
New Home Sales Plunge to Record Low; Durable Goods Up but Ailing
Sales of new single-family houses in July fell 12.4% to 276,600, the slowest pace of sales on record since 1963. July durable goods orders rose slightly, but the increase came mainly from airplane orders.