The Bounceback Year
Article Abstract:
The year 2003 provided a welcomed recovery for US markets, businesses and investors. The best growth quarters were the second and fourth, and established an annual growth rate of 8.2%. The surge in stock prices helped many rise about their 2000 peak. The DJIA gained 25% and the S.&P. 500 Index rose 26%. While the Bush administration tax cuts provided some help for the retail industry, longer trends are needed to determine if the tax reductions will continue to help the economy.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 2004
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Grasping at the Statistics on the Self-Employed
Article Abstract:
Decreases in US unemployment figures may be misleading because individuals are claiming to be self-employed when they are only getting occasional freelance or consulting work. Their claims to employment may be helping to misrepresent the trend in new jobs which may not be as available as economists are portraying them. The federal government reported that the self-employed increased 156,000 in November, up to 9.2 million. This impacted a drop in the employment rate to 5.9%.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 2003
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With Defaults Down, Banks and Bond Markets Find Nothing to Fear
Article Abstract:
Even though the dollar is low, corporate confidence in the United States is high. Banks are lending at low rates, and the sale of corporate bonds to foreign investors is up 22 percent since 2003.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 2004
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