Written by * Who Pays for Recession?:
On Economist’s View, Mark Thoma looks at who pays the cost of recession. “The recession is taking away opportunity for the young to gain employment experience, and many who are employed are working below their abilities in jobs they are likely to get stuck in for many years, if not forever. READ MORE »
Posts in category Commercial Real Estate
Secondary Sources: Recession Costs, Doomsday Cycle, Commercial Real Estate
Eurozone economic sentiment falls in February
Economic sentiment in the 16 countries that use the euro worsened in February for the first time in nearly a year, the European Commission said Thursday, in a further sign that the recovery from recession has lost momentum. READ MORE »
U.S. economic growth revised up on inventories
The U.S. economy grew faster than initially thought in the fourth quarter as businesses drew down inventories at a much slower pace and boosted investment, a government report showed on Friday. READ MORE »
January spending increases but income growth slows
Personal spending jumped by a larger amount than expected in January but Americans’ incomes barely budged. The weak income growth could depress spending in the months ahead, acting as a further drag on the fragile economic recovery. READ MORE »
Obama won’t fill Fed seats this week
President Barack Obama wants to move quickly to fill vacancies on the Federal Reserve Board, but has made no decision yet and will not be announcing appointments this week, White House officials said on Tuesday. READ MORE »