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economy

economy

Justin Sullivan, Getty Images
Justin Sullivan, Getty Images
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Is the Economy Getting Better? – Survey of the Day

Over the last few months, there has been some data that suggests the sluggish economy could be improving. Mainly, the unemployment rate, which has dropped to 8.3 percent after reaching a 26-year high of 10 percent in late 2009. However, according to a new survey from Poll Postion, the public is split on whether America is entering into a period of economic recovery.

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Category: Finance, Opinion Tags: ,
Thinkstock
Thinkstock
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Who’s Struggling the Most With the Recovering Economy? – Dollars and Sense

Just about everyone was hit hard by the bad economy and had to change their lifestyles in at least some small way. Now that we’re all attempting to regain our footing, there’s actually one group of people having a harder time doing so than everyone else.

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Category: Finance, National News Tags:
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Is Warmer Winter Weather a Boon for the Economy? — Dollars and Sense

People can argue about climate change, but they can’t argue with this: so far, 2012 has had some bizarrely warm weather.

And while that may be bad for snow-reliant ski resorts, it’s actually been good for a variety of other industries.

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Category: Finance, Weather Tags: ,
Toys
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New Yorkers Plan On Spending More

Loudonville, NY (WIBX) - New Yorkers plan to spend a little more on gifts this year, according to a new Siena Research Poll.

Seven percent of shoppers plan to spend more this holiday season, up three percent from last year

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CBS News
CBS News
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Givers Are Now the Needy as America’s ‘New Poor’ Head to Food Banks [VIDEO]

Along with lost jobs and the housing market crash, America’s economic woes have taken another toll: one in six people — 49 million in all — are having trouble keeping food on the table, especially in Forsyth County. Although this Atlanta suburb’s average household income reaches $88,000, one of the highest in the US, their food banks have never been busier feeding the needy.

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One Good Thing About the Recession, People Are Smarter Shoppers — Survey of the Day

The recession may have left unemployment rates a mess and killed the housing market, but if you’re looking for a silver lining, here it is: we’re all better shoppers now because of it.

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Still Living With Your Parents as an Adult? Well, You’re Hurting the Economy

While many college grads are only too happy to fly their parents’ nest and get a place of their own, the dip in the economy has meant some can’t — or won’t — until they feel more financially able to do so comfortably. What does this mean for the economy? Unfortunately, nothing good.

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Category: TSM Content Tags: ,
Justin Sullivan, Getty Images
Justin Sullivan, Getty Images
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Utica’s Postal Processing Center On Pitcher St. Will Close

The U.S. Postal Service is moving forward with a consolidation effort and will close the Utica processing center sometime in mid-2012, USPS Communications Manager Maureen Marion said Thursday.

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Economic Woes Lead to More Men Becoming ‘Mannies’

While child care-givers such as babysitters and nannies have traditionally been women, the recent dip in the economy lead some men into the profession as well.

Dubbed “mannies,” the guys are often unemployed teachers, daycare workers or fathers.

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Category: National News Tags: , ,
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Restaurant Chain Friendly’s Files for Chapter 11 Bankruptcy

Citing the economic downtown and rising food costs, the parent of the Friendly’s restaurant chain filed for Chapter 11 bankruptcy protection on Wednesday and closed 63 underperforming stores.

The 76-year-old franchise, based in Wilbraham, Massachusetts and known for its ice cream and hamburgers, will continue to operate more than 400 restaurants as it restructures.

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