Only once since the end of World War II has the economy lost
jobs in three consecutive months when it wasn’t in recession,
during a steel industry strike in 1952. The latest jobs figures are likely to figure in the debate between Congress and President George W. Bush about how much to cut taxes.
And while Federal Reserve policy makers aren’t forecast to
lower interest rates at their meeting on Tuesday, they may take a
step in that direction by stating that the greatest risk to the
economy is slow growth, some economists said.
Rhode Island's Market Has Changed. Developers, Builders, Investors and Sellers Must Change With It.
By Emilio DiSpirito IV License Partner | Engel & Völkers Oceanside Leader | The DiSpirito…
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“We need to remain mindful of the possibility that lingering
business caution could be an impediment to improved economic
performance,” Fed Chairman Alan Greenspan told lawmakers on
Wednesday.
Bloomberg News
