Economic News › United States Economy ›

United States Economy

Economists expect slower growth ahead

With the first quarter 2010 gross domestic product (GDP) growth estimate revised down by 0.3% from last month's estimate and other indicators showing a lack of traction for a full out recovery, many economists feel 2010 will be a slow growth year.

New $100 bill

A new $100 bill was unveiled in Washington. The $100 bill comes with advanced technology to combat counterfeiting, however the new $100 note retains the traditional look of American currency.

United States Economy News

Four million more people working part time than 2 years ago
In February 2010, the number of person working part time due to economic reasons increased by 480,000,
US GDP in the fourth quarter of 2009
Fourth quarter GDP increased by 5.9 percent.
US unemployment rate will hover around 10 percent in 2010 and 2011 - CBO
Congressional Budget Office projections of US unemployment in the next few years
Extend additional unemployment benefits to boost economy and create jobs recommends CBO
Unemployment rate was 10% in December and will remain around that for much of 2010.
World economic growth forecast 2010 - July IMF report

The global economy is recovering faster than expected, says the International Monetary Fund (IMF).

Recent United States Economy News

Federal budget deficit first six months of 2010
Federal budget deficit $67 billion less than last year
Economy adds 162,000 jobs, but unemployment rate unchanged in March
Unemployment rate stays at 9.7 percent
Jobless rate to stay high for a long time - US Treasury Secretary
Administration is concerned about 8 million job lost in this recession - Geithner

Economic Development and Growth

Job Market

Housing Market

Tax

More United States Economy Headlines