Topic: Mark Zandi
Top galleries, list articles, quizzes
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Is Gary Johnson right about shovel-ready jobs? 5 infrastructure challenges.
Republican presidential candidate Gary Johnson scored a rhetorical winner by saying that his neighbor's dogs 'have created more shovel-ready jobs than this current administration.' But the one-liner doesn't settle the debate over infrastructure and the economy.
All Content
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Fiscal cliff debate: 'Lines of communication are open'
Spokespeople for both sides of the fiscal cliff debate indicated that they may be communicating. In the meantime, economists warned that failure to strike a deal could strike a blow to the economy, perhaps plunging the country back into recession.
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The New Economy
ADP employment report: Superstorm Sandy hit small firms hardestSandy trimmed job growth in November by 86,000 workers, ADP employment report says. Small businesses took the hardest hit, ADP says, creating the fewest jobs in nearly two years.
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Economic toll of Sandy: Damage second only to Katrina?
Superstorm Sandy cut a path of destruction that could near $50 billion. Economic activity in New York City dipped 20 percent in storm's wake, but economists do not expect that Sandy will have a major impact on the nation's economic growth.
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Hurricane Sandy: Economy should bounce back analysts say
Though hurricane Sandy will impact dozens of industries and cause billions in damages, experts say the economy should recover quickly with reconstruction after the storm.
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Hurricane Sandy to cost billions. Will the economy stand?
Hurricane Sandy is causing disruptions for companies, travelers and consumers. But for the overall economy, damage from Hurricane Sandy will likely be limited. Economists estimate the damage will cost between $10 billion and $20 billion.
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Time to refinance your mortgage? Rates hit historic lows.
Mortgage interest rates are at their lowest point since records have been kept. Last week, some 81 percent of the loans made were refinancings, according to the Mortgage Bankers Association.
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Gas prices, not jobs stats, are key numbers for voters (+video)
Gas prices and grocery bills are more likely to sway voters than the monthly jobs report, economists and pollsters say. Gas prices are nearing $4 per gallon and could be key in deciding the presidential race.
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Do the jobs numbers matter to voters?
Republicans and Democrats use the monthly jobs report as a campaign tool and journalists analyze the numbers and political consequences ceaselessly. But for voters, circumstances in their own lives are better indicators of economic recovery.
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Focus
Public-sector belt-tightening: thrift, or long-term drag on US economy?Since June 2009, 504,000 jobs have been cut among municipal employees. Public-sector reductions at the local level have subtracted almost a quarter of a percentage point from annual GDP each of the past four years.
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Apple's earnings miss could undermine wobbly market
Apple stock falls in after-hours trading after it reports disappointing quarterly earnings and revenue. Apple faces same headwinds as other multinationals with lower earnings this quarter.
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Focus
Is Congress to blame for a downshifting US economy?Evidence is mounting that the economy is taking a hit because Congress can't – or won't – deal with the 'fiscal cliff' looming at year's end. The fight on Capitol Hill last summer over the national debt limit also took an economic toll.
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Gas prices poised to drop below $3 a gallon, as Fourth of July holiday nears
Gas prices in South Carolina are already at $2.98 a gallon, while the national average on Wednesday was $3.38. A decade-high number of travelers could hit the road for the Fourth of July holiday.
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Focus
Unpacking 'Romneyomics': how Mitt would adjust dials on the US economyMItt Romney offers a prescription for the ailing US economy that hews to Republican principles. But it also has some unorthodox differences. Well-off Americans could get fewer government benefits and pay more for Medicare.
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Economy adds 120,000 jobs. Why the dip from bigger gains in early 2012? (+video)
The unemployment rate fell from 8.3 percent to 8.2 percent in March. Economists had been expecting higher numbers of new jobs.
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Gas prices: How much will they hurt the economy? (+video)
Gas prices are slated to hit new highs within months. How might that affect the modest economic recovery? Here's a clue: Every 10-cent rise per gallon in gas prices costs the US economy $11 billion.
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US stocks shrug off higher gas prices to push Dow above 13,000
Better economic news from Europe helped lift US stocks past the symbolic plateau. The Dow last closed above 13,000 in May 2008, before the collapse of the housing market.
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Can American manufacturing really be cornerstone of economic revival?
For decades, the US manufacturing sector has shriveled, but President Obama now envisions it as an engine of a revived US economy. The basis of his optimism may be hopes for 'advanced' manufacturing.
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Unemployment rate drops to 8.3 percent. Is that a problem for Mitt Romney?
It could become harder for Republicans such as Mitt Romney to blame President Obama for a lack of jobs. In January, the unemployment rate fell to its lowest level since February 2009.
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The Vote
Unemployment rate: How low can it go by Election Day? Under 8 percent?Though the unemployment rate dipped to 8.5 percent last month, it remains uncomfortably high for a president seeking reelection. Economists crunch the numbers to see if it's possible for unemployment to dip to 8 percent by Election Day.
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2012 economic outlook: What's in store for next year?
With the housing market and auto sales showing some signs of life, pundits predict a better economy for 2012. But the ripple from a European downturn could erode the economic pace in the US.
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Tax VOX
Payroll tax holiday isn't perfect, but it's better than nothingThe payroll tax cut is far from optimal policy, but the economy still needs the stimulus it provides
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The Daily Reckoning
The economy has changed. Expect hopes and dreams to follow.Concerned with saving money, young people are delaying moving out of their parents' homes
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A long, steep drop for Americans' standard of living
Not since at least 1960 has the US standard of living fallen so fast for so long. The average American has $1,315 less in annual disposable income now than at the onset of the Great Recession.
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Social Security recipients see 3.5 percent raise
Social Security recipients have not received a raise since 2009. That is set to change in 2012, when Social Security checks will be about 3.5 percent more than the last two years.
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Robert Reich
The seven biggest economic liesThis nation can't improve unless more Americans know the truth about the economy
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