tracybob28 | March 31, 2011
United States businesses are benefiting from a huge pool of unemployed workers who are willing to work for free to gain experience. The use of unpaid labor has increased significantly during the recession. Federal regulators are warning that if the trend continues any recovery in the labor market can be further pushed back. However, the [...]
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Tags: unemployed workers, unpaid labor, unpaid workers, work for free
tracybob28 | March 18, 2011
The percentage of growth in GDP is used, at times, to measure health of the economy. The United States GDP estimate has been downgraded recently to just a couple percentage points. In several news states, the GDP is seen as the biggest indicator for how well the economy is doing. The GDP is not an [...]
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Tags: economic growth, economic recovery, gdp, gdp growth
tracybob28 | March 16, 2011
Without the strength in production, U.S. economic growth would be considerable weaker. Manufacturing activity in the U.S. accelerated in Feb. to its highest rate in nearly seven years. The latest surge marks 19 straight months of expansion. Economists expect production to sustain its growth however several factors could combine to slow the rate of that [...]
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Tags: institute for supply management, ism manufacturing index, manufacturing sector, u.s. manufacturing
tracybob28 | March 15, 2011
Congressional lawmakers are calling for the Obama administration to open up the United States strategic petroleum reserve as Middle East instability drives up gasoline prices. The reaction comes despite a global surplus in oil production capacity and above average United States supplies of oil and gasoline. Tapping into the strategic oil reserve could have the [...]
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Tags: middle east unrest, oil supplies, strategic oil reserve, u.s. strategic petroleum reserve
tracybob28 | March 14, 2011
Average fuel costs in the U.S. spiked six cents overnight late last week. Gasoline costs on average rose 12 cents in the week from February 20-25. A sustained trend in increasing gasoline costs is forecast as oil futures continue to rise . Economists warn that an oil price shock could be a major drawback to [...]
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Tags: gas prices, rising oil prices, u.s. economy, u.s. gas prices
tracybob28 | March 14, 2011
The federal government releases a monthly set of figures that gives an overview of economic indicators. These 2 rates are seen as indications of customer sentiment and economic growth. The Jan spending report is also being seen as a referendum on the payroll tax cut. Jan personal income report shocks several The United States Commerce [...]
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Tags: consumer income, consumer savings, consumer spending, department of commerce
tracybob28 | March 13, 2011
The typical gasoline price is increasing in every United States and may hit $4 per gallon soon. The cost of petroleum has been increasing due to lower oil production and exports in Libya and Middle Eastern countries affected by political unrest, and as gasoline is an oil product, its cost is increasing also. The oil [...]
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Tags: price of gas, price of petroleum, saudi arabia, us strategic petroleum reserve
tracybob28 | March 11, 2011
Joblessness has dropped since the end of Jan, in accordance with the newly issued Feb. jobs statement, though by a modest percentage. During the month of February, unemployment decreased to 8.9 % nationally. That is a decrease of 0.1 percent since January, hardly an amazing percentage. This marks the 3rd consecutive month in which joblessness [...]
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Tags: department of labor, employment, february jobs report, federal budget
tracybob28 | March 10, 2011
Writing is such sweet sorrow. Sweet because there’s no lack of points to write regarding. Sorrow because the economic authorities have made a really mess of things that there’s no loss of things to write related to, grand errors to expose again and once more until we obtain it. The economy has been on adrenaline [...]
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Tags: cheap stocks, penny stocks, stock exchange, stock market strategies
tracybob28 | March 8, 2011
A beginner normally feels really attracted to the stock marketplace even though as an example discovering a share that is being reported in CNBC or the news formula and watching it raise consistent quick and make new highs from $10 to $70 in just 2 months. While learning regarding this prosperous news story he’s stating [...]
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Tags: cheap stocks, penny stocks, stock exchange, stock market strategies