Posted by Leonard Steinberg on November 7th, 2012 New American households are being set up at the fastest rate in more than six years: is this an indication that recession anxiety, which prompted adult children to move in with their parents and single people to postpone marriage, is starting to ease? Is this an indicator… [Read More]
THE ECONOMY: IS GOOD NOT GOOD ENOUGH?
The economy in the U.S. probably grew at a faster pace in the third quarter, reflecting a pickup in consumer spending that bodes well for the recovery’s staying power, economists projected a report this week will show. Gross domestic product rose at a 2 percent annual pace, up from a 1.7 percent rate in the… [Read More]