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New weekend shopping figures on Wednesday offered more evidence confirming stores' modest start to the holiday shopping season. Online sales were stronger. ...more
December 3, 2009
President Obama was crystal clear last spring when he said a new tax credit called Making Work Pay would boost the spending power of 120 million families and save or create 500,000 jobs. ...more
November 23, 2009
When the sprawling residential-commercial development project that was to be known as Serenova was still on the drawing board, one of the people involved in the project suggested that the center of economic activity in the county was even then shifting from West Pasco to Central and East Pasco. The U.S. 19 corridor would become economically "blighted" and have to be redeveloped, this person suggested. Serenova never got built and the 6,500 acres it would have occupied ended up in the hands of the Southwest Florida Water Management District. The U.S. 19 prediction, alas, is still looking viable. ...more
November 14, 2009
October sales reports from major retailers ranging from Target Corp. to Macy's Inc. are expected to offer more evidence of a spending recovery when they're released Thursday. ...more
November 5, 2009
With the recession apparently over, the Federal Reserve on Wednesday held a key interest rate at a record low and again pledged to keep it there for an "extended period" to foster the fragile economic recovery. ...more
November 5, 2009
Fueled by government stimulus, the economy grew last quarter for the first time in more than a year. The question now is, can the recovery last? ...more
October 30, 2009
The Federal Reserve delivered a vote of confidence in the economy Wednesday, saying it would slow the pace of an emergency rescue program as the recession appears to be ending. ...more
August 13, 2009
The more than 1.8 million Floridians on food stamps are getting an increase in their monthly benefits, thanks to the federal economic stimulus package. ...more
April 1, 2009
The government says consumers increased spending for a second straight month in February even though their incomes slipped because of continuing layoffs. ...more
March 28, 2009
President Barack Obama claimed early progress Tuesday night in his aggressive campaign to lead the nation out of economic chaos and declared that despite obstacles ahead, "we're moving in the right direction." At the second prime-time news conference of his presidency, Obama also toned down his criticism of bonuses to executives at bailed-out AIG, and shot back at Republican critics of his budget. ...more
March 24, 2009
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