Tag Archive
U.S. Economy Grows for First Time in Over a Year
The recession might not be over, but at least the contraction is. In the 3rd quarter our nation’s economy expanded for the first time in over a year. The nation’s gross domestic product expanded at an annual rate of 3.5 percent for the quarter that ended in September according to the Commerce Department. This... »
Retail Sales Fall, but Not as Bad as Expected
Today the Commerce Department released their figures on retail sales for the month of September. The numbers showed a 1.5 percent decline for the month. At first glance that might seem like a bad thing, but when you delve further into the statistics its really nothing to be worried about. The number is actually... »
Federal Reserve Chairman Bernanke Says Recession Over
The recession has hit everyone in this country like a ton of bricks. People’s property values have plummeted, many have lost their jobs, and their once prosperous portfolios are now not enough to carry them through. Everyday people are searching for some positive signs that all of this pain and turbulence is finally coming... »
Retail Sales Increase in August
It is starting to seem like almost every day we get a sign that maybe our country is getting out of the recession, only to be followed by another sign that we continue to linger in the recession. That being said, positive signs are always welcome and today we got another one. In a report... »