GDP rebounds in the second quarter

July 30, 2014

Good news: the economy bounced back last quarter. In fact, after a terrible first quarter in which the economy contracted at a 2.1 percent rate, GDP rebounded to grow at a 4 percent annual rate between April and June.

Fewer Americans are getting laid off, but not enough are getting hired

November 21, 2013

The number of Americans filing new claims for unemployment benefits is at a two-month low, data released by the Labor Department this morning shows.  From the report:

Who’s buying US debt?

November 18, 2013

 Here’s a Reuters graphic answering this question, based on new Treasury sales data for September. 

U.S. consumer sentiment took a huge hit in October

October 25, 2013

On the heels of the 16-day government shutdown, US consumer sentiment took a huge hit in October. From Reuters: