Archive for the ‘Sec’ tag
TSY’s Paulson Says Stimulus Has Helped U.S. Economy
Speaking before the Exchequer Club of Washington, U.S. Treasury
Secretary Henry Paulson said the stimulus package has
supported the economy in the last year.
Paulson said market turmoil and energy prices have dragged on the
economy, while the labor market has softened…
After Weak U.S. Second-Quarter GDP, Economists Say Worse to Come
Economists say the reported 1.9% GDP growth for the second quarter of
2008 was boosted by a 1.5% increase in consumption and a 2.4% gain in net
exports. The figure was lower than expectations, however, as inventories
saw a sharp reduction.
Aside from the headline, the big news came from revisions to
the previous two quarters…