Economic Measures


  • Spending Cuts Key To Recovery: Former U.S. Comptroller Tuesday, 2 Feb 2010 | 11:26 AM ET

    The key to economic progress is not a revenue equation, but a spending equation, David Walker, former U.S. comptroller general told CNBC on Tuesday.

  • Recession Is Top Factor in Swelling Budget Deficits Monday, 1 Feb 2010 | 6:11 PM ET

    As costly as President Barack Obama's proposals to revive the economy are, they pale in comparison to the impact the recession has had on the federal budget and its astonishingly huge deficits.

  • Obama Budget Would Impose Host of Tax Increases Monday, 1 Feb 2010 | 1:54 PM ET

    While President Barack Obama is proposing to cut some taxes for companies that hire workers, his budget would raise a host of other taxes on businesses and wealthy individuals.

  • Stimulus Scorecard

    From more than 160,000 reports, the Recovery Board reported late Saturday that from October through December, 599,108 jobs had been directly created by stimulus money.

  • Fed to Keep Interest Rates Low Wednesday, 27 Jan 2010 | 2:28 PM ET

    The following is a statement from the Federal Reserve following its Jan. 26-27 meeting.

  • Bernanke: Capitol Hill Sounds Off on Fed Chairman Monday, 25 Jan 2010 | 10:31 AM ET

    As the vote on Ben Bernanke's reconfirmation nears, two congressmen and two senators offered their insights on the Fed chief's performance on CNBC Monday.

  • State Unemployment Climbs; Four States Reach Records Friday, 22 Jan 2010 | 10:59 AM ET
    Woman filing for unemployment

    Unemployment rose in most states in December, reversing the recent improvement in many parts of the US,  according to government data Friday.

  • Mohammed El-Erian in a NY Jets jacket on Squawk Box this morning.

    US efforts to clamp down on big banks are likely the first in a line of global moves to curb risk-taking in the financial sector, Pimco's Mohamed El-Erian said.

  • Obama Begins Shifting Focus To the Economy—And Jobs Thursday, 21 Jan 2010 | 11:21 AM ET
    President Barack Obama

    President Obama has begun focusing greater attention on the nation's angst and anger over the economy,  including unemployment, government expansion, Wall Street excesses and federal deficits.

  • Liesman: A New Set of Fed Tea Leaves Tuesday, 19 Jan 2010 | 11:13 AM ET
    The Federal Reserve headquarters in Washington, DC.

    In the new regime, the Fed Funds rate is unlikely to be the most important tool for setting policy.

  • Markets Not Facing 'Reality' Of Slow Economy: El-Erian Friday, 15 Jan 2010 | 11:44 AM ET
    mohamed el-erian

    Financial markets have failed to price in the remaining problems that bedevil an economic recovery, Pimco's Mohamed El-Erian told CNBC.

  • S&P Calif. Downgrade Is 'Wakeup Call': Governor's Advisor Thursday, 14 Jan 2010 | 11:12 AM ET

    The S&P's downgrade of California's debt rating is a wakeup call to the state legislature, David Crane, special adviser for jobs and economic growth to Governor Arnold Schwarzenegger told CNBC on Thursday.

  • Retail Sales, Jobless Claims Show Weak Economy Thursday, 14 Jan 2010 | 9:51 AM ET
    laid off

    Retail sales unexpectedly fell in December, leaving 2009 with the biggest yearly drop on record and highlighting the formidable hurdles facing the economy as it struggles to recover from the deepest recession in seven decades.

  • December US Foreclosures Jump From Previous Month Thursday, 14 Jan 2010 | 12:06 AM ET
    Foreclosed Home

    Foreclosures jumped 14 percent in December 2009 from the previous month, according to a new report from foreclosure listing Web site RealtyTrac.com.

  • Jobs Growth Talk About Spin, Not Substance: Lindsey Wednesday, 13 Jan 2010 | 11:17 AM ET

    Government news on employment is more about spin than actual substance, Lawrence Lindsey, former director of the National Economic Council and CEO of the Lindsey Group told CNBC on Wednesday.

  • Stimulus Saved or Created 2 Million Jobs: White House Wednesday, 13 Jan 2010 | 3:57 AM ET
    Stimulus Package

    US GDP would have been negative at the end of 2009 and unemployment would be well over the current 10-percent, if not for the $787 billion Recovery Act, according to the Council of Economic Advisors.

  • Wednesday: Financials Under Pressure, Google in Focus Tuesday, 12 Jan 2010 | 10:54 PM ET

    Financial stocks could feel the heat when several major bank CEOs testify before a government commission investigating the financial crisis. Google will also be in focus after it said that it may exit China.

  • A potential wave of new regulation and higher taxes may be scaring many businesses from hiring, prolonging any rebound in employment, say business groups and economists.

  • Alcoa's Miss Not Yet a Strikeout for Earnings Season Monday, 11 Jan 2010 | 11:29 PM ET

    The first major fourth quarter earnings report was a swing and a miss. But analysts say it's still too early to dismiss the upcoming earnings season, and expect decent topline growth from report cards.

  • New Year's Rally to Continue—for Now Friday, 8 Jan 2010 | 8:28 PM ET
    New York Stock Exchange, lower Manhattan, New York City.

    Stocks swung higher into the new year and could continue an upward drift as the fourth-quarter earnings season gets going.