Posts of Category: Industry News

What an amazing year. It started out positively as businesses were hiring again, confidence increased and growth seemed poised to change gears. But then gasoline prices broke the critical $4.00 a gallon level and consumers got worried. There was also  Continue Reading »

Consumers and businesses keep telling us conditions are bad. But the recent economic data have been surprisingly solid, pointing to an accelerating recovery. Unfortunately, the economy has had nothing but bad luck and the problems facing Europe and rising energy  Continue Reading »

After the bizarre August events, investors, commentators, politicians and not a few economists became convinced the economy was headed directly into a double-dip recession.  Well, the path from growth to decline is not as clear as many thought.  Job growth  Continue Reading »

Maybe fear is not the only thing we have to fear, but it is the key problem facing the economy. The drum beat of negative economic news is dominating the information networks:  The economy isn’t creating any new jobs.  Inflation  Continue Reading »

What a month. Congress decided that it really did have to raise the debt ceiling, a rating agency decided there actually was some risk the U.S. could default on its debt, the government decided that the Great Recession was even  Continue Reading »

So far this year the economy has been on quite the roller coaster ride.  After a slow start, the job market heated up and by April, conditions were looking a lot better.  But then gasoline prices surged and consumers began  Continue Reading »