Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts
Wednesday, August 30, 2006
You down with GDP, yeah you know me!
G.D.P., or gross domestic product measures the value of all goods and services produced within the United States and is considered the best barometer of the country's economic standing.
GDP Increased Slightly in Spring
Tuesday, August 29, 2006
The glass appears half-empty indeed
Consumer confidence, or consumers' overall assessment of current conditions has dropped.
"Less favorable business conditions coupled with a less favorable job scenario have resulted in the largest one-month decline in confidence since Hurricane Katrina last year," Lynn Franco, director of The Conference Board Consumer Research Center, said in a statement.
"Consumers are growing increasingly pessimistic about the short-term outlook."
"Consumers are growing increasingly pessimistic about the short-term outlook."
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