Recession Video and Articles

Consumer Borrowing Surged in December

07 Feb 2012

…at a seasonally adjusted $2.5 trillion. That nearly matches the pre-recession borrowing level. And it is up 4.4 percent from the September 2010 post-recession low. The rise in borrowing could be a sign that Americans are more confident… ...

Job Openings Rose in December

07 Feb 2012

…job openings remained below the 4.4 million openings when the recession began in December 2007, the number of vacancies has increased 39 percent since the end of the recession in June 2009, the government said. Gains were led by professional… ...

ANALYSIS: Obama administration…

06 Feb 2012

…all the time." The distance between those near the bottom and very top is enormous to be sure. But, except in periods of recession, millions toward the lower end have always been able to move up, no matter how well the rich were doing. The U.S. places… ...

Did Super Bowl ads get your attention?

06 Feb 2012

…commercialism as the primetime ads geared up. Aside from the normal animal tricks and male chauvinism, the spots struck a tone of recession-minded nostalgia. Budweiser reflected on the end of prohibition, General Electric touted its old-fashioned manufacturing… ...

Analysis: Few Options For Romney Rivals

05 Feb 2012

…But without a strong rival, Romney's weaknesses as a candidate and his propensity for gaffes become magnified. With the recession-weary public still angry at Wall Street and big business, Romney has struggled to explain how the millions he made at the… ...

Greek Party Leaders Weigh Fiscal Cuts

05 Feb 2012

…around €550. Greek government officials say the reduction in wages being sought by the troika will deepen the country's recession and widen its budget deficit by reducing tax revenue collections and contributions to its teetering pension funds. Demands… ...

What the unemployment rate…

03 Feb 2012

…an even broader number that troubles some others. There are 6 million fewer jobs than there were at the beginning of the recession. "Fewer Americans are actually participating in the workforce than in almost 28 years," Kevin Brady, R-TX said… ...

White House, GOP dispute…

03 Feb 2012

…over the summer, when many feared a recession was imminent. The last time the unemployment…
…million fewer jobs than it did when the recession began in late 2007. There are still…
…though that is the fewest since the recession ended. An additional 11 million are… ...

Jobs Report a Double-Edged Sword

03 Feb 2012

…policies that he said accounted for the improved economic conditions. "We can't go back to the policies that led to this recession and we can't let Washington stand in the way of our recovery," he said. "Don't muck it up, keep it moving in the… ...

US Unemployment Falls Sharply

03 Feb 2012

America's job market is starting to heal just as other major economies contend with rising unemployment and the threat of recession. ...

Unemployment Rate Drops to 8.3 Percent

03 Feb 2012

…critical that we continue the economic policies that are helping us to dig our way out of the deep hole that was caused by the recession that began at the end of 2007," Krueger added. "Most importantly, we need to extend the payroll tax cut and continue… ...

Obama Says Recovery 'Speeding Up'

03 Feb 2012

…He also implored lawmakers in Washington to keep the momentum going. "We can't go back to the policies that led to this recession and we can't let Washington stand in the way of our recovery," he said. "Don't muck it up, keep it moving in the… ...

America's economy in 2012 is…

02 Feb 2012

…reluctant to hire. They don’t expect a recession but are gearing for persistent subpar…
…States , slower growth in Asia and a recession in Europe. Many firms will meet modestly…
…that is possible after a long deep recession but for chronically weak demand for… ...

Congressional budget chief…

01 Feb 2012

…And on that front, the CBO isn't offering a lot of encouragement. "The pace of the recovery has been slow since the recession ended two and a half years ago," Elmendorf said. "And we project that it will continue to be slow for the next two years… ...

Romney Wins Big In Florida

31 Jan 2012

…was precious political momentum in the race to pick an opponent for Obama in a nation struggling to recover from the deepest recession in decades. That belonged to Romney when he captured the New Hampshire primary three weeks ago, then swung stunningly to… ...

Alcohol Sales Up 2.7 Percent in 2011

31 Jan 2012

A strong uptick in the sales of booze last year is painting one of the surest signs yet of a return to the pre-recession boom days, according to new data. ...

A Different Romney, A Different…

31 Jan 2012

…properties were foreclosed upon, second in number only to much larger California. While the burn rate slowed in 2011, as the recession turned into anemic recovery, Florida couldn’t shake the housing blues. Just last month, Florida’s foreclosure rate… ...

Tax cuts or government spending?…

30 Jan 2012

…think tank Third Way says "when you're in the middle of a recession it's very dangerous to stop priming the pump. You know…
…to get escape velocity, get out of the atmospheric pull of recession, break loose and then let the economy go loose." The whole… ...