Articles About U.S. Economy

The S&P has upped the US.  It has raised the outlook for US debt from “negative” to “stable” which some take as an indication that we are unlikely to see a ratings slide like the one in 2011 that took us from AAA to AA+ anytime soon. The agency cited a lower federal deficit, the […]

The country’s economy — still powering along at 7.6% GDP growth in the second quarter, even after a much-talked-about slowdown — and especially its gradual shift toward domestic consumption and a burgeoning e-commerce market, is fueling a long boom in the sector. China’s industrial sector has fallen to an 8-month low.  The Purchasing Managers’ Index […]

Sovereign wealth funds (SWFs) have been closely watching the credit crisis evolve, according to a Deloitte LLP report.  The good news is that they haven’t entirely lost their taste for American commercial real estate. Consider that two of 2008’s highest profile transactions were the Abu Dhabi Investment Authority’s $800 million acquisition of the iconic Chrysler […]

It’s now official.  We are in a recession and it started a lot longer ago than we thought – in December of 2007.  That’s the verdict of the National Bureau of Economic Research’s (NBER) Business Cycle Dating Committee, the non-profit organization that economists and the government regard as the arbiter on recessions. According to the […]