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Fed: Economy Will Shrink, Unemployment Will Rise
The Federal Reserve on Wednesday downgraded its projections for the country's economic performance this year, predicting the economy will shrink and unemployment will rise. ...more
February 19, 2009
Economy Shrinks At 3.8% Pace In 4th Quarter
The economy shrank at a 3.8 percent pace at the end of 2008, the worst showing in a quarter-century, as the deepening recession forced consumers and businesses to throttle back spending. ...more
January 30, 2009
Recession Picks Up Speed, Reports Expected To Show
The country tumbled deeper into recession and probably logged its worst economic performance in a quarter-century during the final three months of last year as battered consumers and businesses throttled back spending. ...more
January 30, 2009
Customer Satisfaction Barely Dips Customer Satisfaction Barely Dips
Soaring unemployment, rampant business closings and a crushing mortgage crisis have dampened any hopes of an economic turnaround in 2009. ...more
December 29, 2008
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