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U.S. Economy
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| Url: | http://useconomy.about.com/ |
| Author(s): | Kimberly Amadeo |
| Language: | English |
| Tags: | U.S. Economy, recession, Obama Economic Stimulus |
| Description: | Clearly explains how global economy affects you and how you can thrive during challenging times. |
| Ratings |  (2 Ratings) |
| Popularity: | 26 Followers |
Selected Content
Blog Feed
Where Are Toxic Assets Now?
| A reader recently asked "What happened to the $1 -2 trillion in "toxic assets" that caused the Great Recession?" Toxic assets are primarily foreclosed mortgages that are sitting on banks' balance s...more |
2009-11-19
Eat at Home
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In October, grocery bills were down 2.8% from last year, while restaurant prices went up 2.2%, according to the Bureau of Labor Statistics (BLS). September and October were the first times in 40 ye...more |
2009-11-18
Americans' Love Affair With Credit Is Over
| Credit card use in America continues to drop like at an unprecedented rate. In September, credit card debt, dropped 13% again, after falling 13% in August. The nine-month decline is the most since ...more |
2009-11-16
Recession Over? No Way!
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For most people, the recession is not over - even though government statistics say they are. As put so well by Jim Wygand, Principal Partner at Critical Corporate Issues, an international risk man...more |
2009-11-11
Where Will the Jobs Come From?
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A reader suggested that we buy locally to create local jobs. He calculated that 200 people spending $20 a week would create 1 job at $12 per hour. I don't know if it would work, but it shows the ki...more |
2009-11-09
Unemployment Over 10%
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The October employment report shows there are 5.8 million fewer jobs than last year. This trend is a tad better than September, when the economy was down 6 million jobs. These year-over-year stat...more |
2009-11-06
$3.2 Billion Well Spent to Help Vets
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Sometimes you just gotta do the right thing. Secretary of Veterans Affairs (VA) Eric K. Shinseki announced the Federal government will spend $3.2 billion to rehabilitate 154,000 homeless veterans. ...more |
2009-11-04
How High Will Gold Climb?
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Gold hit another all-time record of $1,081.70 an ounce, thanks to India's purchase of 200 metric tons from the IMF (International Monetary Fund). |
2009-11-03
What Is the Real Cost of Medicare Fraud?
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One of the key arguments in Obama's healthcare reform proposal is that the government can lower healthcare costs by 1.5% a year, by negotiating lower prices and reducing other inefficiencies. The a...more |
2009-11-02
Recession Is Over, Thanks to Stimulus
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The economy grew 3.5%% in the third quarter this year, the first time it has been positive since the recession started in 2007. Recessions are usually defined by negative GDP growth. The BEA report...more |
2009-10-29
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