Retail sales post big drop in November
U.S. retail sales excluding autos posted their biggest monthly drop in five years in November, as consumers, spooked by a deepening recession, pared spending for a third straight month, a private report released on Thursday showed.
https://www.reuters.com/article/email/idUSTRE4BA0W820081211
"Nasty Recession" for U.S. to Include Four Quarters of Declining GDP
In its fourth quarterly report of 2008, the UCLA Anderson Forecast predicts that the current recession inflicting the national economy will feature four quarters of negative growth (followed by very tepid growth rates) and rising unemployment rates that last through 2010.
https://tinyurl.com/67ytoc
A tattered safety net for US unemployed
As a rising number of Americans sign up for unemployment benefits, many of the state-funded trusts that pay them are on the decline. At least 12 of them are on the brink of insolvency. In 20 other states, the funds have lost value, even before the big job losses of the past two months.
https://news.yahoo.com/s/csm/20081211/ts_csm/asafetynet
Report: Recession has 43 states facing financial trouble
Map highlights 43 states said to be facing budget shortfalls.
https://tinyurl.com/56rtzq
From Information Clearing House
https://freepage.twoday.net/search?q=recession
https://freepage.twoday.net/search?q=retail+sales
https://freepage.twoday.net/search?q=GDP
https://freepage.twoday.net/search?q=budget+shortfall
https://freepage.twoday.net/search?q=unemployment
https://www.reuters.com/article/email/idUSTRE4BA0W820081211
"Nasty Recession" for U.S. to Include Four Quarters of Declining GDP
In its fourth quarterly report of 2008, the UCLA Anderson Forecast predicts that the current recession inflicting the national economy will feature four quarters of negative growth (followed by very tepid growth rates) and rising unemployment rates that last through 2010.
https://tinyurl.com/67ytoc
A tattered safety net for US unemployed
As a rising number of Americans sign up for unemployment benefits, many of the state-funded trusts that pay them are on the decline. At least 12 of them are on the brink of insolvency. In 20 other states, the funds have lost value, even before the big job losses of the past two months.
https://news.yahoo.com/s/csm/20081211/ts_csm/asafetynet
Report: Recession has 43 states facing financial trouble
Map highlights 43 states said to be facing budget shortfalls.
https://tinyurl.com/56rtzq
From Information Clearing House
https://freepage.twoday.net/search?q=recession
https://freepage.twoday.net/search?q=retail+sales
https://freepage.twoday.net/search?q=GDP
https://freepage.twoday.net/search?q=budget+shortfall
https://freepage.twoday.net/search?q=unemployment
rudkla - 12. Dez, 09:25
