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| | | ... sharply higher Friday, with the figures taken as another sign the world's biggest economy has turned the corner. The US economy generated 243,000 new jobs in January, way above the 155,000 forecast, with the unemployment rate falling to 8.3 per cent ... |
| | | | The US economy is bound for recovery this year on the back of stronger fundamentals, the Financial Standard Chief Economists Forum heard this week. Dr Bob Baur, chief global economist for Principal Global Investors pointed to positive indicators in ... |
| | | | ... in the last quarter of 2011 -- provide evidence that a recession is already underway in Europe while growth in the US economy came in at an annualised rate of 2.8%, disappointing expectations for a 3.1% expansion. Moreover, emerging signs of weakness ... |
| | | | ... held them there ever since. The announcement that it expected rates to remain low was a sign that the Fed expects the US economy, which is improving, to need significant help for three more years. But it also reinforced investors' confidence that the ... |
| | | | ... and some numbers which I think contrast favourably." Shorten pointed to Australian growth of 7 % compared with the US economy who had only recently returned to 2008 growth lebels. "So, there's no doubt that we're better placed, but it will still be difficult," ... |
| | | | ... for these. In the minutes of its 6 December 2011 Board Meeting, our central bank stated that, while "The data for the US economy had been better than in earlier months. China's growth had been slowing... and most other economies in Asia had also slowed ... |
| | | | ... the question of how much of an impact would a European recession have, in particular, on the only modestly growing US economy and the slowing one in China. Then there are geopolitical uncertainties emanating from North Korea's new leader, Iran's nuclear ... |
| | | | ... whether Big Benny was correct in his initial assessment that the midyear slowdown was temporary -- the fact is the US economy is improving. As for Europe, my crystal ball was crystal clear. "The bears will sum their rationale in four words: European ... |
| | | | ... Australian dollar. "We also had the FOMC (Federal Open Market Committee) rates decision this morning, noting that the US economy had improved slightly, but that things remain very fluid, and they're keeping a close eye on Europe - so there was no change ... |
| | | | ... increase online was much stronger, the firm also noted." If this trend continues, it'll create a virtuous cycle for the US economy and perhaps then, Americans would stop pointing their fingers at Australians (and the Chinese) for their woes. If not. ... |
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