“Restaurant Recession” Spreads To Fast Food
THIS IS HOW YOU (DON’T) SONIC … Four months ago we wrote about America’s “restaurant recession.” Looks like the downturn is turning downward … to fast food....
U.S. economy
Jobs Disaster: Worst Print Since 2010
by FITSNews
LABOR FORCE IMPLOSION … The U.S. economy produced a dismal 38,000 jobs in May, according to data released this week by the Bureau of Labor...
Consumer Comfort Rises
by FITSNews
DON’T CALL IT A COMEBACK … Despite lingering fear as to the overall health of the American economy, U.S. consumers showed surprising resilience this week....
Global Trade Is Collapsing
by Letters
DEFICITS IN TRADE … AND PUBLIC TRUST || By ROBERT ROMANO || Global trade is collapsing. In March, the U.S. trade deficit took a big...
Consumer Comfort: More Slippage
by FITSNews
BAD JOBS DATA HAVING AN IMPACT … Consumer comfort continues to erode as Americans begin to confront the reality of a worsening national economy. Bloomberg’s Consumer...
More Troubling Jobs Data
by FITSNews
INITIAL UNEMPLOYMENT CLAIMS ON THE RISE … Looks like there could be more bad news where April’s anemic jobs report came from … According to data...
April 2016 Jobs Report: Swing And A Miss
by FITSNews
RECESSION FEARS REINFORCED The U.S. economy created a paltry 160,000 jobs during the month of April, according to data (.pdf here) released by the Bureau...
Another Recession Alarm: Q1 Growth Nonexistent
by FITSNews
AMERICA’S ECONOMIC EXPANSION IS GRINDING TO A HALT The United States economy expanded at its slowest quarterly rate in two years – posting a 0.5 percent...
America’s “Unsettled” View Of The Economy
by FITSNews
CONSUMERS LEERY … A key measure of consumer comfort plunged this week, “a sign of unsettled public views of economic conditions overall,” according to analysts....
Gas Prices Creeping Back Up …
by FITSNews
RUH-ROH, ECONOMY … Low fuel costs have been a bright spot for consumers struggling to navigate America’s disappointing economy. Sure, they haven’t spawned the spending renaissance we...