Apr 29 Economy Shrank by 6.1% in First Quarter By Admin, PBS News Hour The Commerce Department released numbers Wednesday estimating the economy contracted during the first three months of the year at nearly the same rate as the final quarter of 2008, marking the third straight quarter of decline since the late 1950s. Continue reading
Apr 28 Watch Economy Top Concern in St. Louis as Obama Hits 100 Days As part of this week's series of reports from St. Louis, Gwen Ifill speaks with city residents about the shape of the economy and how President Barack Obama has fared during his first 100 days in office. Continue watching
Apr 27 Watch In St. Louis, Unemployment Hits All Sectors As part of a series of reports from St. Louis on President Obama's first 100 days, Gwen Ifill examines the unemployment picture in St. Louis and talks to local residents about their thoughts on the economy. Continue watching
Apr 24 Watch In Slumping Economy, a Shift in Shopping Habits Economics correspondent Paul Solman speaks with author Paco Underhill about how consumer habits have changed during this recession. Continue watching
Apr 23 Watch Faces Behind the Unemployment Lines Essayist Anne Taylor Fleming examines the sense of shame and anger that many who have lost their jobs feel as unemployment lines continue to grow. Continue watching
Apr 16 In Case You Missed It: The Paradox of Thrift Editor’s Note: On last night’s NewsHour, Paul examined the paradox of thrift. Here’s MIT’s Simon Johnson explaining the phenomenon in the segment: SIMON… Continue reading
Apr 15 Watch Paul Solman Breaks Down The ‘Paradox of Thrift’ During the economic downturn, the American savings rate is rising fast, with some unexpected consequences. Paul Solman examines how the economy might suffer when thrifty consumers decide to save their money instead of spending it. Continue watching
Apr 15 Consumer Prices Fall in March on Energy Costs By Admin, PBS News Hour Consumer prices fell in March, the government reported Wednesday, indicating that weakened demand for goods and services during the economic downturn has kept a damper on energy and food costs. Continue reading
Apr 14 Watch Solar Energy Industry Maintains Footing Amid Recession Amid the economic slump, there may be a silver lining for solar energy businesses that have withstood the recession so far. NewsHour special correspondent Spencer Michels reports. Continue watching
Apr 14 Watch Obama Voices Both Caution, Optimism on Economy Retail sales in March showed the economy has not yet recovered on the same day President Obama delivered a speech cautioning Americans to be patient as the government tries to turn things around. Kwame Holman provides a report. Continue watching