DamnYankee
No Neg Policy
- Apr 2, 2009
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Which is more fucked up? The map or the eyes that are looking at it?
AP map shows slower pace of decline in US economy
AP June 8, 2009
The recession's grip loosened slightly this spring as seasonal hiring picked up and helped offset rising bankruptcies and foreclosures, according to the Associated Press' monthly analysis of the economic pain in more than 3,100 U.S. counties.
The latest results of the AP's Economic Stress Index show the free fall that marked the autumn of 2008 and winter of 2009 gave way in April to a more controlled descent, possibly even a bottom. Still, the analysis found that pain remains high compared with year-ago levels.
The AP calculates a score from 1 to 100 based on each county's rate of unemployment, foreclosure and bankruptcy, with lower numbers indicating less economic pain. The average Stress score dipped to 9.7 in April, from 10.3 in March. In April 2008, the national average was 5.9.
CBS News - Breaking News Headlines and Video from CBSNews.com
Confidence in U.S. Economy Builds Even as Recovery Still Seems Distant
By Neil Irwin
Washington Post Staff Writer
Tuesday, June 2, 2009
Economists, senior government officials and ordinary consumers are all showing greater confidence in the outlook for the economy.
But three months after signs of hope emerged, the evidence of improvement still exists only in the form of glimmers. A slew of recent economic data and other news, including yesterday's bankruptcy filing by General Motors, make clear that the nation is still muddling through a deep recession.
"A few months ago, the U.S. was in the throes of the most severe recession since the 1930s," said Paul Ashworth, a senior economist at Capital Economics. "We've had some improvement, but . . . we're still nowhere near a meaningful recovery or even a slight recovery."
washingtonpost.com
AP map shows slower pace of decline in US economy
AP June 8, 2009
The recession's grip loosened slightly this spring as seasonal hiring picked up and helped offset rising bankruptcies and foreclosures, according to the Associated Press' monthly analysis of the economic pain in more than 3,100 U.S. counties.
The latest results of the AP's Economic Stress Index show the free fall that marked the autumn of 2008 and winter of 2009 gave way in April to a more controlled descent, possibly even a bottom. Still, the analysis found that pain remains high compared with year-ago levels.
The AP calculates a score from 1 to 100 based on each county's rate of unemployment, foreclosure and bankruptcy, with lower numbers indicating less economic pain. The average Stress score dipped to 9.7 in April, from 10.3 in March. In April 2008, the national average was 5.9.
CBS News - Breaking News Headlines and Video from CBSNews.com
Confidence in U.S. Economy Builds Even as Recovery Still Seems Distant
By Neil Irwin
Washington Post Staff Writer
Tuesday, June 2, 2009
Economists, senior government officials and ordinary consumers are all showing greater confidence in the outlook for the economy.
But three months after signs of hope emerged, the evidence of improvement still exists only in the form of glimmers. A slew of recent economic data and other news, including yesterday's bankruptcy filing by General Motors, make clear that the nation is still muddling through a deep recession.
"A few months ago, the U.S. was in the throes of the most severe recession since the 1930s," said Paul Ashworth, a senior economist at Capital Economics. "We've had some improvement, but . . . we're still nowhere near a meaningful recovery or even a slight recovery."
washingtonpost.com
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