US markets are trading lower on concerns over the pace of economic recovery following an unexpected decline in new home sales and overall consumer sentiments.. New home sales slid 3.6 percent in September to 402,000 from 417,000 in August, well below the 440,000 analysts had forecast. …
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US may be starting to see recession end: Obama
Posted on: July 29th 2009 in Press Releases.
RALEIGH, NORTH CAROLINA: President Barack Obama said on Wednesday the United States may be starting to see the end of the 19-month recession and that his policies helped the country from plunging into a depression. Obama made a detailed defense of his economic policies, from bank and au…
US recession to end soon, modest recovery seen: Poll
Posted on: May 27th 2009 in Press Releases.
WASHINGTON: The US recession is set to end “soon,” but continued job losses and plunging house prices point to an economic recovery that will be more moderate than those experienced in previous downturns, a survey showed. The survey of 45 professional forecasters released by …
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