Browsing Tag:Economic

europes-recession-contrasts-economic-fortunes-of-u-s-expansion
Economic reports released this week on both sides of the Atlantic showed very different images of the United States and Europe recovering from the pandemic. The lesson: Along with vaccines, it pays to release enormous amounts of public money in the face of a food-destroying health crisis.Europe provided less relief and fell into a so-called double-dip recession in...
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consumer-spending-drove-economic-recovery-in-first-quarter
The economic recovery in the first quarter, when the economy expanded 1.6 percent, was due to spending. Especially by spending on things.Consumer spending rose 2.6 percent in the first three months of the year, with a 5.4 percent increase in goods spending making up most of the growth. Americans increased spending on cars, furniture, recreational vehicles, and...
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dow-falls-slightly-as-investors-shrug-off-strong-earnings-and-economic-data
US stocks fell after a strong day of gains on Thursday as the market stuck in a trading range and investors ignored solid earnings and economic data.The S&P 500 fell 0.1%, weighed down by energy and materials. The Dow Jones Industrial Average fell 50 points while the Nasdaq Composite rose 0.2%.Southwest Airlines' shares rose 1.7% after the airline...
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