Economy: Recovery - but still no feel-good factor
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Japan's recovery has been trundling along for more than five years, by some measures making it the longest, if not exactly most spectacular, period of continuous expansion since the war. But if you look at surveys asking ordinary Japanese people how they feel about their own circumstances, you would never guess it.
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Licking their wounds after stiff losses, jittery investors will be looking for relief next week in the form of reassurance that the U.S. economy will keep growing at a moderate pace.
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The economyâs 6.2-percent gross domestic product (GDP) growth in the second quarter may have exceeded expectations, but the stock market nonetheless shrugged off the positive news.
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Licking their wounds after stiff losses, jittery investors will be looking for relief this week in the form of reassurance that the U.S. economy will keep growing at a moderate pace.
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A Commerce Department report offered no clear picture of whether the worst of the nationâs housing slump is over.
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WASHINGTON -- Most parts of the country saw modest economic growth in the past month, although there were pockets of sluggishness as businesses continued to cope with fallout from the troubled housing and automotive industries.
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The Japanese government downgraded its  view on the economy slightly on Tuesday, citing weaker exports  and output, but it said a recovery was continuing due to steady  domestic demand, in terms of both personal consumption and  capital spending.  "The economy continues to recover, while  some weak movements have been seen recently," the government  said in its monthly economic report.
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Another quarter, another great report card. So why are investors grumpy?
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At the risk of repeating ourselves, it is worth bearing in mind that this recovery has been different from other recoveries. While much of the attention paid to the economy has focused on the sluggish jobs
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The news is less bleak than expected so far, but that doesn't mean things are good yet.
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Efforts to rescue a distraught U.S. bond insurance industry could inject a positive note on Wall Street but the economic data and earnings reports on tap for this week are unlikely to change a downward trend for stocks.
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Sentiment makes bad economic data look worse.
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The gross domestic product is up, but jobs are down. Economists say yes, that is possible. MIAMI - It seems, at first blush, to be a baffling contradiction.
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The New Republic's website is currently carrying an interesting piece which tries to explain the anomaly that although the US economy is growing, a lot of its citizens are still feeling worse off. The article explains the results of a 40 year panel study which has shown that although mean incomes have increased, income variability has increased massively, causing many Americans to feel less well off, despite the growing economy.
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BusinessWeek Online - The economy is showing some signs of resilience. After a string of weak economic data which led economists to ratchet down growth estimates, the latest figures are beginning to look up and some more positive news is expected in the next batch of figures.
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Licking their wounds after stiff  losses, jittery investors will be looking for relief this week  in the form of reassurance that the U.S. economy will keep  growing at a moderate pace.
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WASHINGTON : The US economy&#39;s &quot;soft patch&quot; was not as weak as initial estimates, according to government data Wednesday showing a 3.3 percent pace of expansion in the second quarter.