Manufacturing activity in the mid-Atlantic region unexpectedly surged in November. The Philly Fed’s Business Outlook Survey index jumped to 22.5 in November from 1 in October, its highest reading since December 2009.
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The consumer sentiment index rose to its highest level in five months in November, propelled by a slightly better economic outlook. However, despite the gain, sentiment remains at a low level, and not high enough to suggest a s…
Mike Rowe, host of TLC’s Dirty Jobs, knows a lot about tough jobs, but the toughest one he’s tackling is helping America’s veterans find employment. Rowe notes that joblessness for returning servicepeople is over 18%, adding “I…
If stocks are rising, that should mean the economy is improving. Yet even though the S&P 500 has soared 80% from its March 2009 lows, 70% of Americans don’t believe the recession is over. Which side has a firmer grasp of realit…
The world economy is poised for more of the same in 2011: booming growth in China, India and Brazil, and a sluggish crawl in much of the rest of the developed world. Here are the five most important factors driving sluggish eco…