Shrinking Economy | featured news

A Mixed Report on Home Prices in January

A Mixed Report on Home Prices in January

While the Case-Shiller index showed prices were slightly higher than in December, the rebound seems to be fading. The Standard & Poor’s Case-Shiller Index rose 0.3 percent in January from December, seasonally adjusted, its eighth consecutive monthly increase.

 

Credit card delinquencies at record high

Credit card delinquencies at record high

Soaring unemployment and a shrinking economy drove delinquencies on credit card debt to an all-time high in the first quarter.

 

U.S. economy contracts less but jobless claims up

U.S. economy contracts less but jobless claims up

The U.S. economy shrank slightly less in early 2009 than previously thought, the government reported on Thursday, though there was widespread weakness in activity and demand was soft.

 

World Bank Sees Economy Shrinking 3 Percent This Year

Underscoring the risk that hopes for a quick turnaround may be premature, the World Bank said Thursday that it expected the global economy to shrink nearly 3 percent in 2009, far deeper than the 1.7 percent contraction it ...

 

A Slight Upgrade in 1st-Quarter G.D.P.

A Slight Upgrade in 1st-Quarter G.D.P.

The economy’s decline in the quarter was not quite as bad as the government originally believed, kindling hope that the economy could resume growing by the end of 2009.

 

Japan Economy Shrinks by Record

Japan's economy recorded its steepest contraction on record in the first quarter, sliding 4%.

 

Subscribe to this RSS topic: Syndicate content