The Masters, golf’s first major tournament of the year that is currently under way in Georgia, helps usher in spring. Also emerging at the start of the spring season is tepid economic data. And figures today showed the economy is...
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The 2013 Masters Tournament at Augusta National Golf Club in Georgia.
Economy: Trouble Mustering Golf Clap
Photograph by Victor J. Blue/ Bloomberg
Pedestrians carry shopping bags on Fifth Avenue in New York.
Americans Critical of Economic Stewardship — Though Less So
The grades are still low, but they’re better than last year. While Washington policy makers are being blamed for sequestration and the budget impasse, Americans this year are registering improving confidence in their leaders’ ability to “do or to recommend...
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Photograph by Jin Lee/Bloomberg
A job seeker holds his briefcase while waiting to see recruiters at a job fair in New York.
State, Local Gov’ts: Help Wanted
News on the government front isn’t all bad, says Jonathan Basile, an economist at Credit Suisse in New York. Take today’s Labor Department figures, which showed job openings at state and local government agencies posted the fourth straight monthly gain...
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EU Council president Herman Van Rompuy, right, and States Secretary of Treasury Jack Lew arrive to give a press conference following a working session on April 8, 2013 at the EU Headquarters in Brussels.
Lew in Europe: Call Me Jack
Call it diplomatic speed-dating. Treasury Secretary Jacob J. Lew, on his first trip to Europe since taking office five weeks ago, is getting to know a lot of the region’s top economic officials very quickly. Lew arrived in Brussels this...
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Photograph by Joe Raedle/Getty Images
People are reflected in the side of a Cigarette boat as they look at boats on display at The Miami International Boat Show.
Consumers: No Hint of Job-Market Slump
The Bloomberg Consumer Comfort Index was at minus 34.1 in the week ended March 31, up less than a half point from the prior week as measures of the state of the economy and buying climate improved. What’s been the...
Read more »Bloomberg by the Numbers: 0.7
That’s the percentage increase in consumer spending in February, the biggest jump in five months. Consumer spending rose by $77.2 billion in February, compared with an increase of $40.8 billion and 0.4 percent in January that was larger than previously...
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Photograph by Victor J. Blue/Bloomberg
A woman shops at a Quiksilver store in Times Square in New York, on March 12, 2013.
Bloomberg by the Numbers: 5.9
That’s how much the Bloomberg Consumer Comfort Index advanced in the past six weeks. The index, which asks consumers to rate the national economy, their personal finances and the buying climate, rose to minus 31.6 in the week ended March...
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Outdoor space heaters wait to be removed by volunteers, employees and contractors from the Service Employees International Union as they work to break down 'The People's Camp' on the National Mall west of the U.S. Capitol.
Bloomberg by the Numbers: 13%
That’s the approval rating of Congress, according to a Gallup survey conducted March 7-10. The figure is little changed from a month ago, when Congress had a 15 percent approval rating. The most recent surveys were conducted after automatic budget...
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A "now hiring" sign is posted in the window of a Chase bank branch on Jan. 4, 2013 in San Rafael, California.
Bloomberg by the Numbers: 50
That’s how many months it’s been since the unemployment rate was lower than February’s 7.7 percent. Last month’s jobless rate was the lowest since December 2008, when the unemployment rate was 7.3 percent and rising amid a deep recession. The...
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Photograph by Joe Raedle/Getty Images
People look at boats on display at The Miami International Boat Show on Feb. 15, 2013 in Miami Beach, Florida.
Bloomberg by the Numbers: -32.8
That’s the Bloomberg Consumer Comfort Index for the seven-day period ended Feb. 24. The index, based on Americans’ ratings of the national economy, the buying climate and their personal finances, improved to the highest level this year after climbing for...
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