Labor/Economy

‘Economy Watch’ Podcast with Dees Stribling: A Good Month for Hiring

March was a fairly good month for hiring.

Economy Watch: IMF Says Global Recession Risk Small

The International Monetary Fund said that the risk of another global recession isn’t as high now as it has been in recent years, attributing the declining risk to stronger-than-expected recoveries in the developed world, such as the United States, Germany and the U.K.

Economy Watch: Federal Deficit Still on Downward Track

The federal government ran a budget deficit of $413 billion for the first six months of fiscal year 2014 (beginning Oct. 1, 2013), the Congressional Budget Office reported.

Economy Watch: Employment Metrics Not Bad in March

The increase in U.S. jobs in March (up 192,000) was welcome news to those worried that something more deleterious than cold weather had hit the economy during the winter.

Economy Watch: Economy Creates 192K Jobs in March

The U.S. economy created 192,000 jobs in March, according to the Bureau of Labor Statistics.

Economy Watch: ADP Puts Private-Sector Job Creation at 191K

According to Automated Data Processing’s estimates for March, the private sector added 191,000 jobs during the month.

Economy Watch: ULI/E&Y Forecast More Optimistic Than Before

The latest semi-annual ULI/E&Y Real Estate Consensus Forecast predicts that U.S. commercial property transaction volume will reach $430 billion by 2016, exceeding the volume of 2006—the last year before the bubble popped.

Economy Watch: Fannie Mae Delinquencies Still Falling

Fannie Mae reported that its single-family serious delinquency rate declined from 2.33 percent in January to 2.27 percent in February.

Economy Watch: Personal Income, Expenditures Up in February

Personal income increased $47.7 billion, or 0.3 percent, in February, according to the Bureau of Economic Analysis.