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By John Sullivan, Advisorone |
April 27, 2012
After the Commerce Dept. released a report on the economy's sluggish 2.2% growth in Q1, PIMCO’s leaders share their concerns over outlook for remainder of the year.
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By CHRISTOPHER S. RUGABER, AP Economics Writer |
April 27, 2012
The GDP result, while showing slower growth than last quarter, suggests that the economy will continue to expand, slowly but steadily.
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By Marlene Y. Satter, AdvisorOne |
December 27, 2011
Thanks to the happy circumstance of a legal holiday the day after Christmas, retailers are hoping that Monday will turn out to contribute to record holiday sales for 2011.
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By John Sullivan, Advisorone |
November 22, 2011
In the wake of failed deficit supercommittee negotiations, Mohamed El-Erian appears to be upping his rhetoric, telling Bloomberg Television that U.S. economic conditions are “terrifying” given that the nation is coming out of recession.
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By Gil Weinreich, AdvisorOne |
September 22, 2011
The economic laboratories at work in the 50 states have produced disparate results according to new government data, and experts say the success of states like North Dakota and Utah and poor performance of Michigan and Nevada have national implications.
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By Gil Weinreich, AdvisorOne |
August 30, 2011
Consumer confidence plunged to two-year lows in August, stoking predictions and outright declarations that the economy has slipped into recession. The latest Consumer Confidence Index reading of 44.5 is lower than the 53.9 average for the 2007-2009 recession.
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By Gil Weinreich, AdvisorOne |
August 29, 2011
What matters more: consumers’ actual spending or an intangible general mood based on survey data?
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By Joyce Hanson, AdvisorOne |
August 26, 2011
Markets rose Friday after Fed Chairman Ben Bernanke said he was 'optimistic' about the U.S. economy in a speech at Jackson Hold, Wyo., and signaled that the Fed had no plans for a third round of quantitative easing.
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By Gil Weinreich, AdvisorOne |
August 25, 2011
While this week has produced mostly grim news in the housing sector, a top real estate industry consultant offers a far more encouraging big-picture view of the key economic sector.
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By Derek Kravitz, AP Real Estate Writer |
August 16, 2011
The Commerce Department said Tuesday that builders began work on a seasonally adjusted 604,000 homes last month, a 1.5% decrease from June.