Home » Posts tagged with » recession

Ventura County Forecast | Topics Include Possible Recession and Housing Solutions

Ventura County Forecast | Topics Include Possible Recession and Housing Solutions

CERF will share its once-a-year Ventura County forecast during a seminar from 11 a.m. to 2 p.m. Thursday, Oct. 26, at the Serra Center. Executive Director Matthew Fienup will present the county’s forecast. Just-released gross domestic product data from the Bureau of Economic Analysis shows that Ventura County’s economy contracted by almost 3 percent last year. The […]

Financial pundit calls recession

Financial pundit calls recession

By Mish Shedlock, 6-9-16 US Tax Receipts Signaling Recession? US federal personal tax receipts receipts are falling fast. So is the Evercore ISI State Tax Survey. The last two times the survey plunged this much, the US was already in recession. Is it different this time? Read MORE on : MishTalk~ Mish’s Global Economic Trend Analysis Also: The […]

Record 95 Million Americans Not in Labor Force: Participation rate lowest in 38 years

Record 95 Million Americans Not in Labor Force: Participation rate lowest in 38 years

News report courtesy of CNSNews.com A record 94, malady 610,000 Americans were not in the American labor force last month — an increase of 579,000 from August — and the labor force participation rate reached its lowest point in 38 years, with 62.4 percent of the U.S. population either holding a job or actively seeking […]

When did Robin Hood replace Uncle Sam as our national icon?

When did Robin Hood replace Uncle Sam as our national icon?

By Phil Erwin My title refers to an analogous reference to the penchant of Democrats in general, and our current President in particular, to think that Robin Hood’s semi-mythical approach to solving economic problems – that is, robbing from the rich to give to the poor (a process now re-branded by Democrats as “wealth redistribution,” […]

U.S. Economy shrinks by 2.9 percent in 1st quarter

U.S. Economy shrinks by 2.9 percent in 1st quarter

The U.S. economy contracted at a much steeper pace than previously estimated in the first quarter, but there are indications that growth has since rebounded strongly. The Commerce Department said on Wednesday gross domestic product fell at a 2.9 percent annual rate, the economy’s worst performance in five years, instead of the 1.0 percent pace […]

Why They Can’t Get Jobs

Why They Can’t Get Jobs

Gregory J. Welborn This has been a week rich with events worthy of commentary.  Many of them are sad beyond comprehension and as of this writing just too close to warrant political commentary.  I refer, of course, to the second attack on Fort Hood, so let me simply offer my prayers for recovery for those […]