U.S. Job Losses Slow, Signaling Recession Is Abating

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The U.S. lost fewer jobs than forecast in May, reinforcing signs that the deepest recession in half a century is starting to abate. Source: Bloomberg  News Date: 6/05/2009 Keys: Economy, business cycle, economic indicators, employment Link: http://www.bloomberg.com/apps/news?pid=20601103&sid=aSRonN0872Wg&refer=news Questions for discussion: The economic indicators suggest that the recession is ending. Which businesses do you think will… Read more »

Economic Free-fall coming to an end

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Presidential adviser Larry Summers is optimistic for an economic turnaround. Source: ABCNews – video report Date: 4/10/2009 Keys: Economic indicators, business cycle, forecasting sales Link: http://www.abcnews.go.com/Video/playerIndex?id=7305232 Questions for discussion: Do you agree with Larry Summers’ forecast? Explain your reasoning. What do you think of the predictors of economic activity mentioned in the article? What other… Read more »