DirectoryMix Web Resources » Article Details

Job Losses and Surge in Oil Spread Gloom on Economy - Read More

Date Added: June 07, 2008 01:44:02 PM
Hopes that the U.S. might skirt a recession sank in the face of indications that the economy is gripped by a slowdown and pressured by record fuel prices.

Category: Business & Economy » Labor


No comments are posted yet


 
Name:*
Email:*
Website:  (optional)
Comment:*
(html and bb codes are filtered and not allowed)

Do the math:*CAPTCHA - Do The Math
 

Related Articles

U.S. Economy: Gross Domestic Product Expanded 0.6%

April 30 (Bloomberg) -- The U.S. economy, teetering on the edge of a recession, expanded at a 0.6 percent annual pace in the first quarter, reflecting an increase in inventories as consumers retrenched and companies cut investment.

U.S. Economy: Durables Orders, Excluding Transportation, Gain

April 24 (Bloomberg) -- Foreign demand for U.S.-made durable goods helped American factories weather a collapse in new-home sales to the lowest level in almost 17 years last month, reports indicated today.

Worst may be over for US, some economists say

A growing number of analysts are expressing confidence that the worst may be over for the US economy, even if it struggles for some time due to weak housing, tight credit and high energy costs.

Fewer motorists leaving for Labor Day

High gas prices, the rising cost of living, and worries the nation’s economy may worsen further are causing more people to stick close to home this long Labor Day weekend.

Small businesses fight to survive in tough economy

PITTSBURGH (AP) _ Small business is risky business these days. Costs are rising, profits are shrinking and the ability of the big guys to keep prices relatively lower is drawing away customers. Things are so bad that many small enterprises, which accoun