Retailers placed their holiday orders with overseas manufacturers months ago, allowing them to avoid some of the tariffs that were placed on China in September.
By Gretchen Frazee
Going back to 1952, consumer confidence has been a fair guide to presidential election outcomes.
By Benn Steil, Emma Smith
In other news Wednesday, the House of Representatives passed a compromise on a federal regulatory reform bill after a $19 billion fee on large banks and hedge funds was dropped from the legislation. Also, a former top executive at AIG…
In other news Tuesday, Wall Street dropped following a wave of new worries about consumer spending and overseas sell-offs. Also, President Barack Obama voiced confidence about the fate of the financial regulatory reform bill even without the vote of late…
A new economic report showed March had the largest increase in new jobs in three years, but the unemployment rate held steady. Judy Woodruff talks to two economists about what those numbers could mean for the U.S. economy and American…
Retail sales increased in February, despite major snowstorms in the eastern United States and consistently high unemployment. Judy Woodruff talks to an economist about whether recovery could soon follow.
Jeffrey Brown talks to journalist Don Peck about the personal unemployment experience and about the long-term social consequences of joblessness as unemployment remains near 10 percent and economic indicators point to a slow recovery.
By Anna Shoup
The U.S. economy contracted only slightly in the second quarter with gross domestic product decreasing by an annual rate of 1 percent, another sign that the nation's economic situation could be stabilizing.
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