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PublishedDecember 26, 2023
Americans spent more during the holidays despite some financial anxiety
This year's sales are in line with what is typical during the holiday season.
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PublishedDecember 15, 2023
Congressional Budget Office projects lower inflation, higher unemployment over next 2 years
The office's Current View of the Economy from 2023 to 2025 report estimates that the unemployment rate will rise to 4.4% by the end of 2024.
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PublishedNovember 29, 2023
U.S. economy grew 5.2% in 3rd quarter, more than first estimated
The government’s other main gauge of economic activity – gross domestic income – rose a more moderate 1.5%.
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PublishedNovember 3, 2023
U.S. employers pull back on hiring in October, add 150,000 jobs in face of higher borrowing rates
Strikes against Detroit’s automakers likely shrank last month's job growth by at least 30,000.
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PublishedOctober 4, 2023
Climate destruction fuels growing sector of the U.S. economy
The overall price tag of global warming has long been the subject of debate. New data from Bloomberg Intelligence has put a number on the cost of burning fossil fuels.
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PublishedAugust 23, 2023
Surprisingly durable U.S. economy poses question: Are we facing higher-for-longer interest rates?
One after another, economists have postponed or reversed their earlier forecasts for a recession.
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PublishedAugust 6, 2023
Jim Fossel: Don’t buy the Fed’s rosy economic forecast
The central bank has backed off its prediction of a recession next year, but this does not comfort me.
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PublishedJuly 27, 2023
U.S. economy accelerated unexpectedly to 2.4% growth rate despite Fed hikes
Driving the gain was a burst of business investment.
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PublishedJuly 7, 2023
U.S. slowed hiring but still added solid 209,000 jobs in June in sign of economy’s resilience
Many industries are still adding jobs to keep up with consumer demand and restore their workforces to pre-pandemic levels.
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PublishedMay 31, 2023
Maine Voices: Don’t fall for current MAGA hysteria over the national debt
No other nation has as reliably paid its debts as the United States, and the U.S. has more than enough income to support its debt.
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