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Article: Looking Ahead.(Looking Ahead)(Pacific Energy Resources Inc. to sell its assets to Cook Inlet Energy Supply)(gross domestic product)(Department of Commerce to issue automobile revenue report)
- Article from:
- Investment Dealers' Digest
- Article date:
- October 30, 2009
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Byline: Editorial Staff
Next Week's Big Deal: October Employment Report
The nation's gross domestic product showed a positive reading in the third quarter, signaling the conclusion of the worst U.S. economic contraction since The Great Depression. The news sent share prices higher - the DJIA was up 200 at one point Thursday afternoon - but investors likely will be wary about the economy's resilience until they see some consistent improvement in the employment picture. October's jobs data next week is sure to be parsed for further clues as to how rapidly the economy will climb out of its recession. In September the Labor Department reported that the ...
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...The U.S. Census Bureau has released its annual poverty report, claiming that 37 million ... regulation. Thus we should not be surprised that the unpublicized Labor Department survey of household expenditures consistently shows that low ...
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