Posts tagged as:

economy

Initial jobless claims drop to 457,000

July 29, 2010

New jobless claims fell last week for the third time in four weeks but remain elevated. The decline is a sign that the economy likely added jobs in July, although not enough to lower the nation’s high unemployment rate.

Americans are losing confidence in the nation’s economy

July 27, 2010

A monthly consumer survey shows that Americans’ confidence in the economy eroded further in July amid job worries.

Hope for economy in strong reports

July 23, 2010

People aren’t spending money like they used to. Unemployment is still flirting with double digits. And the housing market is still shaky. So the future looks bleak for the economy, right?

Back-to-school spending should increase

July 20, 2010

Retailers are counting on back-to-school sales to help fuel the economy.

Oil spill could cost Gulf Coast 17,000 jobs, according to report

July 19, 2010

Under a more pessimistic scenario in which the oil spill continues through December and President Barack Obama's six- month moratorium on deepwater drilling is extended, economic losses may reach $7.4 billion, and more than 100,000 jobs would be lost, Moody's said today …

Northwest Alabama railcar plant derailed by the recession

July 19, 2010

The National Alabama Corp. project, announced in July 2007, was to be in production this summer. But it now has only 120 workers on site in Colbert County and is waiting for its first contract. BARTON, Ala. (AP) — A north Alabama plant …

Oil spill creates a mini job boom in Mobile

July 19, 2010

Mobile added 1,000 new jobs in May, reversing a months-long downward trend in the city's business activity, according to a report published by Don Epley, a professor at the University of South Alabama and an expert in real-estate markets. View full size …

What you’re saying: Bush, not Obama, gets blame for nation’s woes in Bloomberg poll

July 16, 2010

Former President George W. Bush is blamed more than President Barack Obama for the budget deficit, unemployment and illegal immigration, according to a Bloomberg National Poll conducted July 9-12. The poll results are examined in a Bloomberg article published today on al.com. …

Retail sales drop 0.5% in June

July 14, 2010

Retail sales fall in June for second month, raising worries about durability of recovery. WASHINGTON — Retail sales fell in June for the second straight month, raising new concerns about how much of a slowdown the economy will have to endure in the second half of this …

Huntsville Space Professionals helps laid-off NASA workers

July 10, 2010

The group formed in June after hundreds of local NASA contractor employees lost their jobs. ? Dave Dieter / The Huntsville Times Andrew Sutinen, founder of Huntsville Space Professionals, speaks to laid-off NASA contractor employees Friday at the University of Alabama in Huntsville Chan Auditorium. HUNTSVILLE, …

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