What's Really Propping Up The Economy
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BusinessWeek Online - If you really want to understand what makes the U.S. economy tick these days, don't go to Silicon Valley, Wall Street, or Washington. Just take a short trip to your local hospital. Park where you don't block the ambulances, and watch the unending flow of doctors, nurses, technicians, and support personnel. You'll have a front-row seat at the health-care economy.
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The dollar may strengthen against the euro this week on speculation the biggest monthly increase in US jobs since May will persuade investors that a mid-year lull in the economy is over, a Bloomberg News survey indicates.
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The key to maintaining economic stability is well-placed confidence in the markets. Bubbles, by contrast, result from misplaced confidence.
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Longtime viewers of my television program know that I've been banging the recession drum for a while now, but the truth is that an economy as large and complex as ours doesn't just collapse overnight. It happens slowly and methodically, with plenty of warning signs along the way.
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US economic growth is set to quicken as a healthy jobs market offsets weakness in the housing sector, a survey predicts.
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The US economy expanded at an annual rate of 3.7 per cent in the third quarter, which is below expectations. However, the Commerce Department says the rate has been bolstered by healthy consumer spending accompanied by the lowest inflation in decades.
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Plunging housing prices and soaring oil costs have provoked gloomy talk of a possible recession. Yet the economy has kept growing. How much longer can the expansion carry on?   How much longer can the expansion carry on?
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The economy showed even more pep than initially thought in the first quarter, zipping ahead at a 5.3 percent pace. But a less energetic housing market and high energy prices are now taking out some of the oomph.
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The buying power of U.S workers is now rising at the fastest rate since the economic boom of the late 1990s.
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There's momentum ahead, despite this quarter's soft numbers.
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This weekâs snapshot of the nationâs economic output may offer two surprises for the price of one. It may be stronger than expected and weaker than it seems.
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BusinessWeek Online - The economy is showing some signs of resilience. After a string of weak economic data which led economists to ratchet down growth estimates, the latest figures are beginning to look up and some more positive news is expected in the next batch of figures.
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Don't wait for the economic alarm bells to sound. There's action you can take now to make your position as safe as possible.
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Now that the second quarter&#39;s soft patch in the US economy has been revised up to show growth of 3.3 percent, economists are turning their attention to the post-soft patch, or regaining traction, period.
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Currency traders have become convinced over the past two weeks that something big is afoot in the global economy. They are not convinced by the sanguine noises coming from the Federal Reserve and think the risks of a "hard landing" in the US economy have risen. But, in a departure from the old wisdom, they do not seem worried about the effects of a US downturn on European economies - rejecting the old adage that "when the US sneezes the rest of the world catches a cold".
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Ushering in a new era of economic muscle and political opening.
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The economy is much stronger than the government reports, plus stocks are in short supply.