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Archive for the ‘What the Heconomics?’ Category

Thanks to Wikicommons.

Thanks to Wikicommons.

There are many folks out there asking the big question… (editor: when does the pizza arrive?)

No… the question about the sluggish US economy :  When will the country get back to normal?

Well the good news is the US economy has been recovering over the last year… but that recovery may slow in the near future.

Economic indicators seem to show that we’re not fully out of the woods.  In an Editorial the San Francisco Chronicle points out that more than just the unemployment rate has shown problems:

Home sales and new construction both declined precipitously in May. The service sector contracted. Manufacturing declined by 3.5 points in June. On Wall Street, Treasury notes keep rising, which suggests that investors are preparing themselves for a period of slow growth.

Feeling this vibe the White House does not want to declare “Mission Accomplished” just yet. …read more.

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Thanks to Wikicommons.

Thanks to Wikicommons.

We have some bad news for you.  Brace yourself here it comes:

US payrolls GREW by 431,000 in May.

Bad news? that sounds like good news!?! Well it’s not good news… as economists expected 540,000 new jobs.

But wait, there is more.  Free Exhange, a blog brought to you by The Economist, notes: …read more.

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