November 6, 2012 |
In the last week or so, an intense kerfuffle broke out over the poll-prognosticator Nate Silver and his blog at the New York Times, FiveThirtyEight . Silver, a statistician, has been predicting a decisive Obama victory for a very long time, based on his very complicated statistical model, which very, very few of his fans or detractors understand. On any given day, Silver might announce that - given the new polling data - "the model" now finds that the president has an 86.3% chance of winning.
April 9, 2012 |
The unemployment outlook got a little bit gloomier on Monday. On the heels of Friday's disappointing jobs report, an indicator of employment trends also was down last month for the first time since the fall as more people said they found it harder to get work and more companies said they had positions they could not fill. The Conference Board's Employment Trends Index , which combines data from eight economic indicators, decreased slightly to 107.28 in March from 107.47 the previous month, the group said Monday.
April 3, 2012 |
MILWAUKEE - Mitt Romney edged closer to capturing the Republican presidential nomination on Tuesday as he beat back a challenge from rival Rick Santorum in Wisconsin and swept the field in Maryland and the District of Columbia. Santorum had counted on an improbable upset in Wisconsin to stop the party from coalescing, if reluctantly, around Romney, whose wins in the other two primaries were all but a foregone conclusion. But with Romney and President Obama clashing anew on Tuesday, Santorum was also fighting the widening perception that the race for the White House was transforming quickly into a two-man general-election contest.
March 22, 2012 |
The stock market got off to a rough start Thursday despite positive U.S. economic data, as investors worried about the risk of slowing growth overseas. European stocks continued a nascent retreat that has taken hold this week. A report showed a decline in manufacturing activity in China, while separate reports hinted at potential economic slowing in Germany and France. As of 7:30 a.m. PST, the Dow Jones industrial average was off 64.86 points, or 0.5%, to 13,059.76. The Dow has fallen for three straight days.
March 22, 2012 |
Does the economic recovery actually have legs? Long ones, according to the Conference Board, whose index of leading economic indicators (including jobless claims) continued to perk up in February in the biggest increase in nearly a year. The index , which includes improving measures such as income and sales, was up 0.7% last month to 95.5 after rising 0.2% in January and 0.5% in December. That's the most substantial advance in 11 months and the highest point since June 2008.
July 3, 2011 |
Last week in Salem, Republican presidential candidate Mitt Romney told voters that President Obama's economic policies "didn't work" and that "people are hurting. " The next day in Raymond, fellow candidate Michele Bachmann told voters they couldn't "afford four more years of millions of Americans out of work. " Those gloomy pronouncements don't exactly reflect the full economic picture in New Hampshire, a swing state that will hold the first primary in the nation early next year.