Written by The crush of multiple snowstorms over the past week may have frozen economic activity for a couple days, but they are unlikely to ice the economy’s rebound. READ MORE »
Posts tagged economic activity
Index of U.S. Leading Economic Indicators Rose 0.1% in July
The index of U.S. leading indicators rose in July for the second time in four months, extending a see-saw pattern that indicates slower growth through the end of the year. READ MORE »
Leading indicators rise 0.3 pct in January
A forecast of future economic activity rose for a 10th straight month in January, but the pace of growth is slowing. READ MORE »
Index of U.S. Leading Economic Indicators Rose 0.1% in July
The index of U.S. leading indicators rose in July for the second time in four months, extending a see-saw pattern that indicates slower growth through the end of the year.
The 0.1 percent gain in the New York-based Conference Board’s gauge of the prospects for the economy in the next three to six months followed a 0.3 percent decline in June that was larger than initially estimated. The June decrease was the biggest since February 2009.
Manufacturing, which led the economy out of the worst recession since the 1930s, will probably moderate in coming months as a slowdown in consumer spending depresses orders. Federal Reserve policy makers last week said the recovery was “more modest” than they had projected, prompting them to take additional steps to revive growth. READ MORE »
Clinton: Tax deal the best we can reach
Former President Bill Clinton took to the White House podium Friday and delivered a ringing endorsement of the tax compromise struck earlier this week by President Obama and Republican lawmakers.
“The agreement taken as a whole is, I believe, the best bipartisan agreement we can reach to help the largest number of Americans,” Clinton said. READ MORE »