|
|
"A comprehensive, collaborative elections resource."
|
Jobs, consumer spending data hint at recovery
|
|---|
| Parent(s) |
Issue
|
| Contributor | Brandonius Maximus |
| Last Edited | Brandonius Maximus Nov 25, 2009 11:44am |
| Logged |
0
|
| Category | News |
| News Date | Wednesday, November 25, 2009 05:00:00 PM UTC0:0 |
| Description | WASHINGTON - In a hopeful sign for the economy, the number of newly laid-off workers filing claims for unemployment benefits fell below 500,000 last week for the first time since January.
Consumer spending picked up in October, new-home sales hit their highest point in more than a year and shoppers' outlook brightened a bit ahead of the crucial holiday shopping season.
Combined, the news suggested that the economy should be able to sustain at least a modest rebound. Some economists have worried that the economy was at risk of slipping back into recession.
|
| Share |
|
|
2¢
|
|
| Article | Read Full Article |
|
| Date |
Category |
Headline |
Article |
Contributor |
|
|
