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A collection of news and information related to Economic Indicator published by Tribune Company sources.
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U.S. Economy Officially In A Recession
Los Angeles TimesIt's official, if not exactly surprising: The U.S. economy is in recession, declining instead of growing stronger - and it has been for almost a year. What's more, the slide may continue well into next year or even beyond, challenging government policy-...Tags: Government, Texas, Heads of State, Federal Reserve, California
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Voice of the People
Give a boost to the housing market This is in response the Tribune's recent article about the state of the Illinois housing market ("Illinois housing prices, sales plunge; State's losses worse than U.S. average," Page 1, Nov. 25). The article gives...Tags: Real Estate Buyers, Sales, Tucson, Federal Reserve, Roosevelt University
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It's official: It's a recession
Associated PressIt's official. The U.S. economy has been in a recession for the past year. The start of the downturn was announced yesterday by the National Bureau of Economic Research. The NBER - a private, nonprofit research organization - said its group of...Tags: George Bush, Government, Texas, Heads of State, Federal Reserve
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Red Bows Sell Cars Despite Down Economy
KickingTiresThis weekend, a mob crushed a store employee to death in search of good bargains. Even with consumer confidence at a low this holiday season, people spent more money this Black Friday than last. However, most shoppers say they'll be......Tags: Sales, Consumers, Consumer Confidence, Christmas, Religious Festivals
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STOCK WATCH
JENNIFER CONVERTIBLES (JEN) Woodbury LAST: $0.38 52-WEEK RETURN: -90.3% The bursting of the housing bubble and the slowdown in consumer spending have left shares of the furniture retailer in penny-stock territory. Jennifer last week said revenue...Tags: Consumers, Petroleum Industry, United-Guardian Incorporated, CVD Equipment, Medical Action Industries
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U.S. is in recession that began in December '07
The Associated PressThe U.S. economy has been in a recession since December 2007, the National Bureau of Economic Research said today. The NBER -- a private, nonprofit research organization -- said its group of academic economists who determine business cycles met and...Tags: George Bush, Government, The White House, Economy, National Government
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Euro zone rejects slashing VAT below 15 pct, starts talking about economy stimulus plan
AP Business WriterBRUSSELS, Belgium (AP) _ Euro zone nations on Monday ruled out slashing sales tax to boost their economies but backed a wide euro200 billion ($252 billion) economic stimulus package that aims to boost growth. Finance ministers from the 15 nations that...Tags: Banking, Government, Sales, State Budgets, Petroleum Industry
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'12 Days' would cost $86,609, but substitutions possible; 2 Dove bars instead of turtle doves?
Associated Press WriterPITTSBURGH (AP) _ Given the economic downturn, even the most romantic might balk at the $86,609 price tag for the items in the carol, "The Twelve Days of Christmas." That's this year's cost, according to the annual "Christmas Price Index" compiled by PNC...Tags: Christmas, Religious Festivals, Prices, PNC Financial Services Group Incorporated, Wages and Pensions
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China shares rise on move to boost consumer spending, led by real estate and appliances
SHANGHAI, China (AP) _ Chinese shares rose Monday on media reports that the government announced measures to boost consumer spending by easing restrictions on housing sales and raising subsidies for appliance purchases by rural families. The benchmark...Tags: Candy, Flowers and Gifts, Sales, Flowers, Real Estate
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Not clear mass consumption of goods helps economy
Art Carden is an assistant professor in the Department of Economics and Business at Rhodes College in Memphis.We know that Christmas is a make-or-break time for many retailers. The holiday season's importance to the American economy is so great that Black Friday sales at some retailers are reported as a macroeconomic indicator. The outlook for this holiday...Tags: Citigroup Incorporated, Sales, Charity, Productivity, Coal
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Questions and answers about our health care system
ridgely.ochs@newsday.comWhat's wrong with our health care system? We spend more money on health care than any other industrialized nation, yet more than 15 percent - 45.7 million Americans - are uninsured. That number is sure to grow in the current financial crisis. And other...Tags: Nassau University Medical Center, Employers, Healthcare Policies, John McCain, State Budgets
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Investors look to build on biggest rally since 1932 ahead of retail sales, economic data
AP Business WriterNEW YORK (AP) _ Wall Street will look to build on the strongest weekly performance for stocks since 1932 on Monday, with investors focused on how recession-minded shoppers fared at the malls and a raft of government data that could give a clearer...Tags: Citigroup Incorporated, Sales, Black Friday (shopping), Consumers, Wages and Pensions
Dec 1, 2008
|Story| Hartford Courant
Dec 2, 2008
|Story| Chicago Tribune
Dec 2, 2008
|Story| Baltimore Sun
Dec 1, 2008
|Blog| Cars.com
Dec 1, 2008
|Story| Newsday
Dec 1, 2008
|Story| Associated Press
Dec 1, 2008
|Story| Associated Press
Dec 1, 2008
|Story| Associated Press
Dec 1, 2008
|Story| Associated Press
Nov 30, 2008
|Story| Newsday
Nov 30, 2008
|Story| Newsday
Nov 30, 2008
|Story| Associated Press
