LIA Monthly Economic Report: Nation's Economy Pauses Unexpectedly
Monthly job growth was at its slowest pace since last June. Consumers also pulled back, a sign that higher taxes and anemic job growth have finally dented consumer confidence despite surging home and stock prices. Manufacturing and service activity also slowed. READ MORE
LIA Monthly Economic Report: U.S. Economy Shrugs Off Potential Impact of Sequestration
The U.S. economy seems to have shrugged off the potential impact of sequestration. Employers are adding jobs at a faster pace and consumers are again borrowing and spending. The housing market is also rebounding more rapidly. READ MORE
LIA Monthly Economic Report: The Sequester & Upcoming Fiscal Negotiations
Just as the U.S. economy is beginning to recover from the most devastating recession since the Great Depression, the March 1st sequester could plunge the nation into another recession. READ MORE
LIA Monthly Economic Report: Fiscal Negotiations - What's at Stake?
The biggest obstacle facing the U.S. economy is the uncertainty generated by forthcoming negotiations regarding federal revenues and expenditures. Suspension of the U.S. debt ceiling until May, provided that both chambers of Congress agree upon and pass a budget in that time READ MORE
LIA Monthly Economic Report: Growth Slows to a Crawl
The U.S. economy grew faster than previously estimated in the third quarter of last year. Final estimates put third quarter growth at an annualized rate of 3.1%, more than double the second quarter growth rate of 1.3%. However, fourth quarter growth slowed to a crawl READ MORE
LIA Monthly Economic Report - The Looming "Fiscal Cliff"
The U.S. labor market, consumer and housing sectors are continuing to show signs of recovery. However, the looming "fiscal cliff" is increasing the level of uncertainty READ MORE