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With nearly all stores closed nationwide in April – the first full month of the mandatory COVID-19 shutdowns enacted by states – retail sales...
As signs pointed toward at least a partial solution to the oncoming “fiscal cliff,” financial experts cautioned that even with a grand bargain, U.S. economic growth over the early months of 2013 would likely continue to be in the 1 to 2 percent range.
Recent jobs data have stymied analysts and labor officials, with the state’s unemployment rate rising to 9.1 percent in August from 8.3 percent a year earlier as the U.S. unemployment rate declined a full percentage point over the same period.