U.s. Economy Is Better, Not Cured

Two years ago, the housing virus passed into the banking system -- and the Fed and ECB rushed to administer medicine. Although the patient may be out of danger, he isn't healthy yet, David Wessel writes.

Sections:  news   business   
RELATED ARTICLES
  • US home sales rebound slightly in February
    U.S. home sales picked up slightly in February but remain sluggish due to tight inventories, affordability problems and nasty winter weather. More
  • Dollar rises above 100 yen for 1st time in 4 years
    The dollar has risen above 100 yen for the first time in more than four years as currency traders persist in selling the Japanese currency in reaction to Tokyo's aggressive credit-easing moves. More
  • Obama to open middle-class jobs, opportunity tour
    Aiming to show he's still focused on creating jobs, President Barack Obama is beginning a series of quick trips around the country to resurrect ideas from his State of the Union address that became overshadowed by the intense debates over gun control, immigration and automatic spending cuts. More
  • Retailers report modest gains for April
    Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery. Falling gas prices, a rallying stock market and gains in the job market all fueled Americans’ shopping habits even as cold weather tempered their desire to buy spring fashions. More
  • US home building is surging, but job growth isn't
    The resurgent U.S. housing market has sent builders calling again for Richard Vap, who owns a drywall installation company. Vap would love to help - if he could hire enough qualified people. "There is a shortage of manpower," says Vap, owner of South Valley Drywall in Littleton, Colo. More
BING NEWS:
  • U.S. economy was top election issue but ends year firing on all cylinders
    It was a year of sour consumer sentiment but not enough to dampen holiday spending, which set an all-time record ...
    12/30/2024 - 9:08 am | View Link
  • Recent pullback of these sectors shows warning signs for the economy
    The pullback of the S&P 500's energy, materials and real-estate sectors in the past few weeks highlights concerns that the U.S. economy may not be as healthy as much of Wall Street may believe it to ...
    12/30/2024 - 7:45 am | View Link
  • 2025 Economy Should Remain Strong as Wild Card of Trump Raises Risks
    A moderating labor market, lower interest rates and strong household income are the positives heading into 2025, with uncertainty over the Trump agenda a potential negative.
    12/30/2024 - 1:10 am | View Link
  • Canadians Are Growing Pessimistic About Economy Ahead of Trump’s Return
    Canadians are less optimistic about the direction of their economy than they’ve been in more than a year, as Donald Trump’s tariff threats create uncertainty for one of the largest US trading partners ...
    12/30/2024 - 12:34 am | View Link
  • Fact-check: Past government shutdowns cost the U.S. economy billions
    Statement: Government shutdowns in 2013 and 2018 “cost our economy billions of dollars each.” In a video, Jacobs added that a government shutdown wouldn’t hurt Musk and Trump, both billionaires, as it ...
    12/28/2024 - 10:30 pm | View Link
  • More
BING SEARCH:
  • US economy statistics, charts, and trends | USAFacts
    Understand the financial forces that affect daily American life. Discover how exports and imports impact US taxes and debt, plus learn about inflation and other economic indicators.
    12/29/2024 - 3:26 pm | View Link
  • Just the Facts About the US Economy | USAFacts
    Learn the facts about the US economy: both national measures like GDP and inflation and data with personal impact, like wages and housing prices.
    12/29/2024 - 7:55 am | View Link
  • What role do small businesses play in the economy?
    The federal government has a history of supporting entrepreneurs to stimulate the small business economy. The SBA is a cabinet-level agency that provides support for small businesses through programs like the Small Business Innovation Research and Small Business Technology Transfer programs, which provide a government-funded seed pool for small ...
    12/29/2024 - 3:31 am | View Link
  • 2024 Current State of the Union: US Economy
    USAFacts uses data to show how the US economy changed in 2023 compared to pre-pandemic levels. Get nonpartisan data about economic indicators like GDP growth, unemployment rates, earnings, and more with the State of the Union in Numbers.
    12/29/2024 - 1:58 am | View Link
  • The 2019 economy in review: GDP, employment, income, and trade
    The economy overall. By most methods for measuring the strength of the US economy—GDP, employment, income, wealth, and markets—the economy is stronger than in many other years. However, some of the gains from this strong economy are not distributed equally.
    12/29/2024 - 1:00 am | View Link
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News