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Posts Tagged ‘Debt Ceiling’

December 2013 Economic Overview

December 2013 Economic Overview

US Economy Americans' confidence in the economy is slowly increasing, and has significantly improved from the mid-October shutdown.  This suggests that record-high U.S. stock market prices and the Bureau of Labor Statistics report of better-than-expected job gains in October may have boosted Americans' confidence. Increasing [...]

August 2011 Economic Overview

August 2011 Economic Overview

US companies are reluctant to hire because of weak consumer demand. America's economic recovery in the first half of this year was much weaker than assumed. Official data showed GDP rising by just 1.3% at an annual rate in the second quarter and by a revised 0.4% in the first three months. Even with Congress lifting the debt ceiling, [...]