Mark Zandi
House Approves Debt & Funding Plan, Inviting Clash With GOP
The government faces a shutdown if funding stops on Sept. 30. read more >
by Associated Press -
Ida: Economists Foresee Only Modest Damage to U.S. Economy
Hurricane Ida is sure to take a toll on the energy, chemical and shipping industries that have major hubs along the Gulf Coast, but the impact on the overall U.S. economy should be modest, economists say. read more >
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Recovery Shows Momentum As GDP Grows 6.4%
Powered by consumers and fueled by government aid, the U.S. economy is achieving a remarkably fast recovery from the recession that ripped through the nation last year. read more >
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Thanks to Consumers, US Economy Is Rising Steadily If Slowly
The economy slowed in the spring, and many analysts think the weakness will continue in the months ahead. Yet consumer spending, which drives about 70% of growth, accelerated in the April-June quarter. read more >
by Associated Press -
Survey: US Companies Added Healthy 230K Jobs Last Month
U.S. businesses added a robust 230,000 jobs in September, a private survey found, a sign that strong economic growth is spurring companies to add more workers. read more >
by Associated Press -
Small Businesses Not Keeping with Larger Companies in Hiring
Economist Mark Zandi of Moody's Analytics, which analyzes data provided by ADP's customers, attributes the slower small-business hiring to owners' struggles to find qualified workers for their open positions. read more >
by Associated Press -
Survey: US Employers Added 177K Jobs in June
American businesses added 177,000 workers in June, a sign of health and resilience for the U.S. labor market and economy, according to a private survey. read more >
by Associated Press -
ADP: US Businesses Add 257K Jobs, Most in a Year
U.S. businesses stepped up hiring last month, led by solid gains in construction and retail, according to payroll processor ADP. read more >
by Associated Press -
Survey: US Private Employers Add 135K Jobs in May
A private survey shows U.S. businesses added just 135,000 jobs in May, the second straight month of weak gains. read more >
by Associated Press -