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Blog Entries from October 2011

Economic Indicator: GDP and Jobs - What’s Going On?

Let’s go back in time by 2 months to August:  stock markets were reeling and fears of a double dip recession were being increasingly espoused (at least according to Google’s recollection) and a measure of consumer sentiment plunged.  However, a funny thing happened to those naysayers’ predictions: the economy continued to grow, clearly not strongly enough, but it continued to grow.  Consumers increased their spending, 

Economic Indicator: Jobs Numbers Don’t Show Double Dip

Given the turmoil in world financial markets over the past couple of months, with stock market indices testing new yearly lows, fears about the U.S. labor market and economy have been amplified; according to Google search, “double dip” became an increasingly popular search term (and not because of a surge in the demand for ice cream).