Archive for US economy
On the heals of recent negative job numbers reported by the U.S. Department of Labor, comes news that bankruptcy filings increased by 14 percent during the first half of 2010. Does this bode well for the economy or is this one of the signals of a recession coming back to haunt us? Unfortunately, as is always the case when it comes to finance and the economy, the answer is complicated. The most important... Read more→
Recent new that payrolls fell in June here in the U.S. is bad news for the economy, but maybe not as bad as it is being made out by the headlines. Let’s start with what the numbers are and move on to what they mean. As with all economic statistics, employment numbers are compiled from numerous sources which provide an inconsistent snapshot of job activity from around the country. These numbers... Read more→
To hear many of the newspapers and other media outlets tell it, Google’s blowout third quarter is the official signal that the recession is over and that businesses are spending again, because customers are spending again, and everything is fine again. The logic goes something like this. Google is not only the largest search engine, but it is also the largest provider of Internet advertising,... Read more→
