Political Capital

Posts tagged: economy



President Barack Obama walks to Marine One on the South Lawn of the White House on Nov. 8, 2013 in Washington, DC.

Photograph by Brendan Smialowski/AFP via Getty Images

President Barack Obama walks to Marine One on the South Lawn of the White House on Nov. 8, 2013 in Washington, DC.

Obama’s Economy: 65% Disapprove of Handling

The latest in a series of polls showing a slide in President Barack Obama’s approval ratings comes today from the Pew Research Center. Which puts his overall job approval at 41 percent. It reached a two-year low of 39 percent...

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Customers enter the Apple Inc. store in New York.

Photograph by Craig Warga/Bloomberg

Customers enter the Apple Inc. store in New York.

Bloomberg by the Numbers: 6

That’s how many consecutive weeks the Bloomberg Consumer Comfort Index has declined. The index, which is based on Americans’ views of the national economy, their personal finances and the buying climate, fell to minus 37.9 in the week ended Nov....

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The Port of Oakland in California.

Photograph by David Paul Morris/Bloomberg

The Port of Oakland in California.

Bloomberg by the Numbers: 2%

That’s how much gross domestic product was projected to grow in the third quarter on an annualized basis, according to a Bloomberg survey of 69 economists before a report today. That would mean slower economic growth in July, August and...

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Koji Uehara #19 of the Boston Red Sox celebrates with David Ross #3 after recording the final out of a 3-1 win over the St. Louis Cardinals in the ninth inning of Game Five of the 2013 World Series on October 28, 2013 at Busch Stadium in St. Louis, Missouri.

Photograph by Michael Ivins/Boston Red Sox/Getty Images

Koji Uehara #19 of the Boston Red Sox celebrates with David Ross #3 after recording the final out of a 3-1 win over the St. Louis Cardinals in the ninth inning of Game Five of the 2013 World Series on October 28, 2013 at Busch Stadium in St. Louis, Missouri.

Confidence Hits a Home Run in Red Sox’s New England

Are prospects of the first World Series title at home in 95 years bolstering New England’s confidence? Sentiment in the Boston Red Sox region climbed 19.6 points to 83.8 in October, the biggest jump since April, according to the Conference Board’s...

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U.S. Park Rangers at the Lincoln Memorial on the National Mall on October 17, 2013 in Washington, DC.

Photograph by Brendan Smialowski/AFP via Getty Images

U.S. Park Rangers at the Lincoln Memorial on the National Mall on October 17, 2013 in Washington, DC.

Bloomberg by the Numbers: 47%

That’s the share of Americans who project the economy will worsen, according to the Bloomberg Consumer Comfort Index expectations gauge for October. That’s the largest such share since the collapse of Lehman Brothers Holdings Inc. in 2008, Bloomberg’s Ben Schenkel...

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Job seekers wait in line for a hiring event at a new Target Corp. store in San Francisco, California.

Photograph by David Paul Morris/Bloomberg

Job seekers wait in line for a hiring event at a new Target Corp. store in San Francisco, California.

Most Unemployment Due to Extended Jobless Benefits

Are extended unemployment benefits costing jobs? An October National Bureau of Economic Research working paper suggests the answer is yes. “Most of the persistent increase in unemployment during the Great Recession can be accounted for by the unprecedented extensions of unemployment...

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A customer browses at a Banana Republic LLC store in Los Angeles on Oct. 9, 2013.

Photograph by Patrick T. Fallon/Bloomberg

A customer browses at a Banana Republic LLC store in Los Angeles on Oct. 9, 2013.

Bloomberg by the Numbers: 0.3

That’s the percentage-point decrease in fourth-quarter gross domestic product that would result from a partial government shutdown lasting through Oct. 18, according to the median estimate in a Bloomberg survey of economists. The shutdown, which began Oct. 1, would cost...

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