Economic Recovery, December | featured news

economic recovery, december
(Image from article: "Personal incomes, consumer spending up in December")

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Personal incomes, consumer spending up in December

Personal incomes, consumer spending up in December

Personal incomes rose more than expected in December and consumer spending increased for the third straight month, helping the economy slowly recover from the worst recession in decades.

 

U.S. Job Losses in December Dim Hopes for Quick Upswing

U.S. Job Losses in December Dim Hopes for Quick Upswing

The government said the economy shed 85,000 jobs last month, surprising forecasters, while the unemployment rate held steady at 10 percent.

 

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