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Tag Archives: Great Recession

NFIB: Index drop ends 'any hope of revival in confidence'

JACKSON — Small-business optimism remained in tepid territory in June, as the National Federation of Independent Business’ monthly economic index dropped just under a point (0.9) and landed at 93.5 — effectively ending any hope of a revival in confidence among job creators, NFIB says. Six of the 10 index components fell, while two rose and two were unchanged. Job ...

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Growth, like alcohol, is best in moderation

By Brian Sullivan The U. S. recovery since 2009 has been muted. In fact it is the slowest recovery since World War II. The slow pace has meant fewer new jobs created and a higher unemployment rate. Economists’ expectations for the remainder of this year and next are for more slow growth. Slow growth is not all bad. Slow growth ...

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Why the economy's growth isn't easing unemployment

WASHINGTON — An economy growing 2 percent a year might be tolerable in normal times. Today, it’s a near-disaster. A growth rate of 5 percent or higher is needed to put a major dent in the nation’s 9.6 percent unemployment rate. Two reasons why that’s unlikely well into next year and maybe beyond: – Construction – both residential and commercial ...

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