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  • The economy is flashing positive signs. Is it time to exhale?
    Economy News

    The economy is flashing positive signs. Is it time to exhale?

    April 1, 2023 /

    With additional reporting from Ari Hawkins Shoppers move past displays of designer clothes at the Neiman Marcus department store in NorthPark shopping center in Dallas. | LM Otero/AP Photo BACK IN BUSINESS — You probably missed it in the Category Five hurricane of news slamming U.S. shores regarding the criminal indictment of a certain rambunctious former president. But some decidedly positive news about the U.S. economy arrived today in the form of a very welcome dip in the rate of consumer inflation that could make it easier for the Federal Reserve to slow or even stop its campaign of inflating-fighting interest rate hikes before it drives the U.S. economy into…

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    Francis McGee Comments Off on The economy is flashing positive signs. Is it time to exhale?

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    2023 predictions: Is the U.S. economy headed for a recession?

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  • Americans are pessimistic about the economy this year despite positive signs
    Economy News

    Americans are pessimistic about the economy this year despite positive signs

    February 7, 2023 /

    By a lot of accounts, the U.S. economic system is firing on all cylinders—or at minimum a large amount of cylinders. Inflation has come down markedly due to the fact previous summer, genuine GDP has grown nearly 17{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} given that the pandemic-induced 2020 recession, and companies added a document 4.5 million positions in 2022, a selecting trend that has ongoing into the new yr right after final week’s explosive January work opportunities report introduced the unemployment level down to 3.4{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}, a 53-yr small. But all the superior financial information in the entire world could not be plenty of to reverse Americans’ stubborn pessimism in direction of the financial system, the…

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    Francis McGee Comments Off on Americans are pessimistic about the economy this year despite positive signs

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