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Service sector in the US economy grows faster in March

The US economy has shown a fast rate of growth in its service sector where the rate of growth has been the fastest in at least 2 years. This means that the rate of economic recovery is fast spreading and also on to other sectors like entertainment, food and beverages, restaurants, hospitals as well as [...]

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The US economy and joblessness

There seems to be some encouraging news on the US economy front with an increase in jobs creation reported in the month of March. Around 162,000 jobs were created in this month, which is the highest in 3 years. But there is a tamed and muted response from analysts as well as officials because joblessness [...]

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The US economy is increasing the number of jobs on offer according to Obama

President Obama has said that the US economy has started to produce a number of jobs. This is in the backdrop of the latest labor report which says that the economy has produced as many as 162,000 jobs in the month of March. This is the highest in the last 3 years, no less. It [...]

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US economy shows rise due to higher factory output

There is an indication that the US economy will show some growth due to the higher factory output that is taking place not only in the US but around the world. This seems to be sign enough that the largest economy of the world may come out of the woods faster than expected and be [...]

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Immigration and Jobs in the US economy revisited

There have been a lot of discussions and just too much debate on the impact of the health care bill and how it is going to influence the US economy. But there have been other things that have been going on too. For one, there is a lot of hullabaloo on immigration which is a [...]

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US economy and health care

The US economy has seen a lot of upheavals due to the passing of the health care bill. Thus has been a sort of godsend to President Obama and since the 1960s, the country has not seen any major reform after the Medicare bill that gave some medical aid to people above 65 years of [...]

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It is the US economy and not health care that matters most to Americans

A poll of Americans has indicated that people are more worked up about the US economy and employment rather than the prospect of the impact of health care legislation. There are many Republicans who are mighty angry with Obama for pushing through the health care bill. These people want to have voters express their opinion [...]

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US economy sees profit surge

The US economy has seen a profit surge, the likes of which have not been seen in recent times. This is because the pace of growth that has been witnessed recently has been the fastest in the last six years. Corporate profitability has gone up considerably and this may cause a surge in jobs too, [...]

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US economy cannot fly solo yet

The events of the last two years have left a lot of people shaken up badly, to the extent that they will perhaps find it very hard to have faith in the US economy and its ability to take on the challenges that lie ahead. Ben Bernanke seems to believe so too, as he thinks [...]

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Manufacturing revival in the US economy

For weeks and months, people have been looking out for some signs that the US economy is reviving, which is an indication of the long terms revival of the country’s battered economy. There are signs that even jobs may be picking up and this is more due to the increase in business spending more than [...]

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