Last week the U.S. economy finally recovered all the jobs lost in the worst recession since the Depression. Last month 138.5 million Americans were working, exceeding the 138.4 million working during December 2007, the first month of the recession. It…
I recently viewed a news report on the economic troubles in Europe. This report focused on Spain’s economy, how it’s housing market remained in steep decline, unemployment was 24%, close to 50% unemployment among youth, and how despite having above…
As the final corporate earnings reports for 2011 trickle in, we can say with confidence that 2011 was another good year for corporate profits. Corporate profits are very healthy. In fact they have more than doubled since the 1st quarter…
Unemployment is stubbornly high and the housing market is still a mess-we all know that. Despite these structural problems, the economy has emerged from the recession in 2008, and is growing again-just not as fast as any of us would like.…
We hope everyone enjoyed the 4th of July and got an opportunity to enjoy plenty of fireworks, barbecue, parades and baseball with your families. Independence Day represents all that is great about the United States as we celebrate the anniversary…
Circuit City finally closed its doors on its 600 stores last week, eliminating another 34,000 jobs in the economy. Best Buy is still in business, a little leaner after some layoffs and early retirement buyouts. They will probably emerge from…