Housing Starts Rebound in U.S. as Inflation Eases: Economy
Home construction rebounded in July and the cost of living rose at a slower pace, showing a strengthening U.S. economy has yet to generate a sustained pickup in inflation. A 15.7 percent jump took housing starts to a 1.09 million annualized rate, the …
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Don't count on US consumer to save economy
On the other hand, the bad news is that this implies that the U.S. economy will remain in the dumpster, since consumer spending now accounts for fully 70% of our gross domestic product. This reluctance to spend could not have come at a worse time for …
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Disastrous Economic Conditions in the US – As Temporary Labor Hits Record
In his remarks, Obama portrayed the US economy as recovering at a rapid clip from the economic slump, with unemployment falling and hiring picking up. “By almost every measure, the American economy and American workers are better off than when I took …
Read more on Center for Research on Globalization

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