Romano: America Is Due For Another Recession
“SIX MILLION MISSING JOBS …” || By ROBERT ROMANO || Since 2005, labor participation in the U.S. – that is, those working or looking for...
U.S. economy
Trade Deficit Widens, Exports Tumble
by FITSNews
|| By FITSNEWS || America’s trade deficit increased from $40.7 billion to $41.9 billion in May, according to data released this week by the U.S....
Consumer Comfort: An Uptick
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SOME GOOD ECONOMIC NEWS … || By FITSNEWS || This week’s big economic news – government’s monthly jobs report – was absolutely terrible. But there...
More Trouble In Rainbow And Unicorn Land
by FITSNews
THE “FUNDAMENTALS” OF THE US ECONOMY REMAIN WEAK … || By FITSNEWS || As the global economy warily eyes developments in Greece, fresh evidence from...
Consumer Confidence Plunges …
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… WITH REASON || By FITSNEWS || Remember how “falling gas prices” were supposed to spark a renaissance in consumer spending in America this year? Well,...
Atlanta Fed Downgrades Q2 Growth Forecast
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RECESSION, HERE WE COME! || By FITSNEWS || In what could be another mile marker on the road to the next American recession, the Atlanta...
Southern Discomfort …
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|| By FITSNEWS || Bloomberg’s Consumer Comfort Index (CCI) is at its lowest level in eight weeks … and at its lowest level all year,...
GDP Tumbles … Economy In Trouble
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FIRST QUARTER “GROWTH” AN ABYSMAL 0.2 PERCENT … || By FITSNEWS || The U.S. economy “grew” at an abysmal 0.2 percent rate in the first...
Big Manufacturing Miss
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BETTA AXE SOMEBODY! || By FITSNEWS || The economic hits just keep on coming. This week it’s bad news for America’s manufacturing sector, as Markit’s...
Economic Jitters …
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FEDERAL RESERVE DOWNGRADES ECONOMIC GROWTH FORECASTS || By FITSNEWS || Remember the “rainbows and unicorns” crowd? The ones who just a few months ago were telling us...