Political Capital

Posts tagged: economy

A tug boat moves the APL Singapore container ship to dock at the Port of Oakland in California.

Photograph by David Paul Morris/Bloomberg

A tug boat moves the APL Singapore container ship to dock at the Port of Oakland in California.

Bloomberg by the Numbers: 3.5%

The U.S. economy will expand at a 3.5 percent annualized rate in the second quarter, according to a median projection of economists. Gross domestic product fell at a 1 percent rate in the first quarter, according to revised Commerce Department...

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Supporters of Republican presidential candidate Mitt Romney wait for Romney to make his concession speech on Nov. 7, 2012.

Photograph by Andrew Harrer/Bloomberg

Supporters of Republican presidential candidate Mitt Romney wait for Romney to make his concession speech on Nov. 7, 2012.

Bloomberg by the Numbers: 48-43

By a margin of 48 to 43 percent, voters say Republicans would do a better job than Democrats dealing with the economy. The economy is the most important issue to voters, with 89 percent of registered voters rating it as...

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Students training to become electrical linemen ascend poles during class at Los Angeles Trade-Technical College on March 12, 2014.

Photograph by Patrick T. Fallon/Bloomberg

Students training to become electrical linemen ascend poles during class at Los Angeles Trade-Technical College on March 12, 2014.

Bloomberg by the Numbers: 4.6

On its current trendline, the Bloomberg Consumer Comfort Index would reach its pre-recession level in 4.6 years. Based on its growth rate since June 2009, when the recession officially ended, the index would finally reach its pre-recession reading of 45.3...

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Job seekers line up for the Recruit Military veteran job fair in San Diego, California.

Photograph by Sam Hodgson/Bloomberg

Job seekers line up for the Recruit Military veteran job fair in San Diego, California.

Jobless Rate — Appreciated by Yellen, Overrated With Economists

Let’s face it, Unemployment Rate: Economists just aren’t that into you. So shows a  survey of forecasters by Bloomberg’s Catarina Saraiva from May 2-7 in which 16 of 43 respondents said the jobless rate was the most overrated U.S. economic...

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A job fair attendee  in Los Angeles.

Photograph by Patrick T. Fallon/Bloomberg

A job fair attendee in Los Angeles.

Jobs Euphoria? Americans Not Feeling it

Before we get too optimistic about Friday’s jobs report, consumers are taking some air out of the balloon. The New York-based Conference Board today reported that its consumer confidence index slipped in April from a six-year high a month earlier....

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Customers check out at a Costco Wholesale Corp. store in San Francisco

Photograph by David Paul Morris/Bloomberg

Customers check out at a Costco Wholesale Corp. store in San Francisco

Good News for Fed, Less So For Average Joe

Federal Reserve policy makers may be breathing a tad easier today after the Bureau of Labor Statistics’ consumer price report showed diminishing odds of deflation. Higher costs for food and rent helped boost consumer prices 0.2 percent in March, the...

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