Labor/Economy
Economy Watch: Gas Prices to Drift Lower
The U.S. Energy Information Agency predicted that the economy—consumers and businesses and anyone else concerned with driving a gas-power vehicle—is going to catch a break next year because of lower gas prices.
Economy Watch: Oil Production, Consumption Patterns Seeing Radical Shifts
Improved extraction technology and higher prices are opening up new oil resources, but that doesn’t mean the world is on the verge of an era of oil abundance, according to the International Energy Agency’s 2013 edition of World Energy Outlook.
‘Economy Watch’ Podcast with Dees Stribling: Strong Jobs Report
An unusually strong jobs report for October.
Economy Watch: Some City Budgets Rearch Pre-Recessionary Levels
According to a study released by the Pew Charitable Trusts on Monday, some of the largest U.S. cities have seen their municipal budgets recover from the lows of the recession, when steep drops in tax revenue and other income cut into city coffers.
Economy Watch: October Job Report Details
The unexpectedly strong employment report for October—204,000 jobs created—spotlighted various positive employment trends for the economy.
Economy Watch: Jobs Uptick in October
The delayed jobs report for October came out on Friday, with the Bureau of Labor Statistics finding that the economy created 204,000 jobs during the month, an improvement from the September, and more than the average monthly growth for the last previous 12 months of 190,000.
Economy Watch: Non-Manufacturing Sectors Expands Again
The Institute for Supply Management reported in its latest Non-Manufacturing ISM Report on Business that the U.S. non-manufacturing sector is continuing to grow.
Economy Watch: Residential Price Increase Still Strong
CoreLogic reported that home prices nationwide, including distressed sales, increased 12 percent on a year-over-year basis in September.
‘Economy Watch’ Podcast with Dees Stribling: No Tapering Yet for QE3
No tapering yet for QE3, because the Fed thinks Congress isn’t handling the economy very well.