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.
By Online DA
The cost of living in the United States went unchanged in July, easing concerns among many experts that economic recovery will be hampered by rising inflation.
By Carolyn O'Hara
A key measure of the housing market shows that U.S. home prices rose slightly in May, posting the first monthly increase since the summer of 2006. Meanwhile, consumer confidence continued to decline, according to another closely watched measurement.
In other news, U.S. stocks fell after an unexpected decline in consumer confidence, and the F.D.A. may seek to ban certain common painkillers.
By Admin, PBS NewsHour
In new signs that the recession may be ebbing, orders for big-ticket manufactured goods rose by 1.9 percent and the number of new jobless claims fell, although the number continuing to receive unemployment remained at the highest level since 1967.
Wall Street marked its best run since November this week as President Obama worked to boost confidence in recovery moves. The Wall Street Journal's David Wessel offers insight.
New polls reveal continued public approval of President Barack Obama and a range of concerns on the economy. Two political reporters discuss what the public is thinking -- and why -- one month into the Obama presidency.
By Admin, PBS NewsHour
A private research group announced Tuesday that consumer confidence sank to a record low in February. Meanwhile, Federal Reserve Chair Ben Bernanke told Congress the U.S. economy is suffering a "severe contraction."…
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