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u s economy News

u s economy News From AOL News

IMF Expects China to Be Largest Economy by 2016 [VIDEO]

Apr 27th 2011 – 2:41PM
AFP/Getty Images

AFP/Getty Images

Obama Press Conference: 5 Big Takeaways

By Torie BoschFeb 15th 2011 – 1:01PM

In a wide-ranging news conference, President BarObama tackled the domestic -- the U.S. budget and economy -- as well as the international -- the turmoil in the Middle East. So what were the headlines from his first official presser of 2011? Surge Desk rounds up the five most important highlights. 1. Cautiously...

151K Jobs Added; Unemployment at 9.6 Percent

Nov 5th 2010 – 8:41AM

WASHINGTON (Nov. 5) -- Employers added the most jobs in five months in October, with the education and health care sectors leading the way. But the unemployment rate, measured by a separate survey of households, remained stuck at 9.6 percent for the third straight month. The Labor Department said Friday its survey of...

Jobs Report Expected to Bring Scant Relief

By Joseph SchumanNov 4th 2010 – 3:10PM
Jim Prisching, AP

Jim Prisching, AP

(Nov. 4) -- The most important numbers foreshadowing Tuesday's seismic election outcome didn't come from political polls or popularity surveys. It wasn't the ubiquitous tabulations of likely voters or the live-or-die party calculations for their get-out-the-vote drives, either. The 2010 midterms were all about the...

The Trillion-Dollar Deficit of 2010: How Huge Is It, Really?

By Steven HofferOct 15th 2010 – 12:36PM

(Oct. 15) -- If you stacked the number of dollar bills in this year's federal deficit -- 1,290,000,000,000 written out -- you would be nearly a quarter of the way to the moon. But that's not as stratospheric as last year, when the red ink amounted to $1.4 trillion. Still, despite over a $100 billion decrease from 2009's...

u s economy News From AOL

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How Arthur Frommer Helped Shape Travel To Europe

By Doug Mack May 04th 2012 - 07:12AM

The following is an excerpt from my new book, Europe on 5 Wrong Turns a Day. Nineteen seventy-two.

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Marty Robins: In Illinois, Sports Teaches Us an Economic Lesson!

By Marty Robins Apr 10th 2012 - 05:57PM

There's been a lot of bad news coming from the University of Illinois athletic programs lately: long losing streaks, coaches fired, top players leaving early to go pro, sought-after coaches not interested, trustees not approving a coach's contract solely on account of his race,... However, one does not need to be a sports...

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U.S. Manufacturing Has a Key Role in the U. S. Economy of the Future

By Thomas J. Duesterberg Oct 19th 2011 - 04:57PM

In a Sunday column in the New York Times , Steve Rattner makes a case for building our future economic prosperity on the services sector.

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Bill Robinson: The 'Extraordinary Patience' of Huawei

By Bill Robinson Oct 10th 2011 - 01:34PM

Some people who are not 'technology people' might ask, "who or what is a Huawei?"

u s economy News From the Web

  • 04/27/11 Survey upbeat on U S economy Source: Courier-Post - Cherry Hill NJ The U.S. economy is now strong enough to withstand Middle East turmoil and the Japanese nuclear crisis.
  • 04/20/11 Troubling news for U S economy Source: NBC - WKTV News Channel 2 - Utica NY Hopes for a small recovery on Wall Street helped ease the selling pressure in Europe after Standard & Poor's warning that it could downgrade the United States' credit rating.
  • 04/12/11 U S Economy Source: The Brookings Institution William A. Galston , April 06, 2011 , The Brookings Institution The budget plan Rep. Paul Ryan recently unveiled stands no chance of enactment, writes William Galston.

Background on u s economy

The economy of the United States is the world's largest national economy. Its nominal GDP was estimated to be over $15 trillion in 2011, approximately a quarter of nominal global GDP.

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