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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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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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