December 27, 2012 Many Americans appear to be worried about what will happen to the economy if the federal government goes over the so-called fiscal cliff, the Conference Board reports. But there's also good news: The housing sector continues to recover.
December 27, 2012 There were 350,000 first-time claims for unemployment benefits last week. That's the lowest level since March 2008. But because of the Christmas holiday, some states had to do more estimating than usual.
December 26, 2012 Prices in 20 major cities were up 4.3 percent in October, vs. October 2011. Combined with other recent reports on construction and sales, that's another sign the housing sector is on the mend.
December 21, 2012 The increases add to signs that the economy continues to rebound from the 2007-09 recession and the slow recovery that followed.
December 20, 2012 The housing sector continues to recover. Sales rose 5.9 percent last month. It's the second new piece of positive news about the economy. Earlier, gross domestic product growth for the third quarter was revised upward.
December 20, 2012 Gross domestic product grew at a 3.1 percent annual rate, well above earlier estimates. But, claims for jobless benefits rose last week — another sign that while the economy may be on the mend, there are still problems.
December 13, 2012 The pace of applications for unemployment insurance had accelerated after Superstorm Sandy, which threw many out of work. Now, the trend is back to a rate that signals a slowly improving labor market.
December 6, 2012 The pace of claims for unemployment insurance has settled back into its pre-Superstorm Sandy range. But on Friday, economists expect to hear that relatively few jobs were added to payrolls in November.
November 30, 2012 Many in the Northeast and Mid-Atlantic couldn't get to stores and were out of work for at least a short time because of the destruction Sandy wrought. That dampened spending and cut into incomes.
November 29, 2012 Gross domestic product grew at a 2.7 percent annual rate, the government says. Not only is that a sharp upward revision from the previous estimate, it's also growth at twice the rate of the second quarter.
November 28, 2012 The central bank says conditions continued to improve, though not dramatically, in recent weeks. The report adds to other evidence that the economy is moving along fast enough to keep unemployment from rising, but not fast enough to bring the jobless rate down sharply.
November 28, 2012 Though the pace dipped 0.3 percent from September to October, it was up 17.2 percent from September 2011. It's another sign that the housing sector is on the mend, though growth has been somewhat uneven.
November 27, 2012 Consumers purchase more than two-thirds of all goods and services. If they're feeling better, that's a good omen for the overall economy.