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Last updated: 08:18:53 Wednesday Dec 23, 2009


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  • Incomes and spending post solid gains in November
    WASHINGTON - Personal incomes rose in November at the fastest pace in six months while spending posted a second straight increase, raising hopes that the recovery from the nation's deep recession might be gaining momentum.   Activities:2008 U.S. Recession   Source:(AP)   2009-12-23

    Recovery likely strengthening after weaker 3Q
    WASHINGTON - All signs suggest the economic recovery will end the year on firmer footing despite a report Tuesday that the economy grew at a 2.2 percent pace in the third quarter, less than previously thought.   Nations:U.S.   People:Barack Obama   Activities:2008 U.S. Recession   Source:(AP)   2009-12-22

    Singapore declares its recession over
    SINGAPORE (AFP) - Singapore on Thursday declared a severe recession over after two straight quarters of growth and predicted the economy would expand by up to 5.0 percent in 2010.   Nations:Singapore   Source:(AFP)   2009-11-19

    Asia helps feeble West in global recovery: OECD
    PARIS (Reuters) - Asia is leading the global economy out of the deepest downturn in decades but the recovery will be marred by high unemployment and huge government debt across the industrialized countries, the OECD said on Thursday.   Nations:China France Japan India Brazil Russia   Source:(Reuters)   2009-11-19

    Economy returns to growth after deep slump
    WASHINGTON (Reuters) - The U.S. economy grew in the third quarter for the first time in more than a year as government stimulus helped lift consumer spending and home building, fueling an unexpectedly strong advance.   People:Timothy Geithner   Activities:2008 U.S. Recession   2009-10-29

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