Tags

"recession"

U.S. Unemployment 2013: A Year In Review

January 17, 2014

Six years after the United States economy entered into a recession in December of 2007, the economic recovery remains sluggish. The measures taken in an attempt to boost the economy—record government spending and an increasing national debt—have not resulted in the economic growth that was hoped for.

FIVE YEARS LATER

September 16, 2013

In 2008, the U.S. economy was already reeling from the burst housing bubble, a liquidity crunch, and large financial institutions teetering on the edge of failure. Starting that September, the confluence of all those factors “culminated in a string of unprecedented events and government interventions” that marked the escalation of the financial crisis.

Economic Growth | Breaking It Down

August 29, 2013

Today the U.S. Commerce Department announced the nation’s economy expanded at a 2.5 percent annual rate in the second quarter of 2013.

Fiscal Year 2013 Budget Deficit | Breaking It Down

August 8, 2013

The Congressional Budget Office announced yesterday the budget deficit for the first 10 months of fiscal year 2013 totaled $606 billion. Today in “Breaking It Down” we put that number in context.

State News Roundup

News Roundup | January 3, 2013

All is not well in North Carolina, according to incoming governor-elect Pat McCrory. Addressing the state’s economic woes in Durham on Wednesday, NewsObserver reports that the state’s $2.5 billion in unemployment insurance debt and high unemployment had McCrory less than optimistic about the immediate future.