Consumer News: 2021 U.S. economy grew at fastest pace since Reagan administration, latest SC rent report and more!
Consumer News: 2021 U.S. economy grew at fastest pace since Reagan administration, latest SC rent report and more!
US Economy
Consumer News: Air travel chaos continues with more cancellations, U.S. jobless claims down and more
Consumer News: Air travel chaos continues with more cancellations, U.S. jobless claims down and more.
Economists five risk factors heading into 2022
The U.S. economy is entering the new year with serious momentum, with average weekly jobless claims near the lowest level in 52 years. The unemployment rate was down to 4.2% in November, but economists say five risk factors could quickly change all that.
U.S. economy growing but at a slower rate than analysts predicted
In the second quarter, the U.S. economy grew at an annual rate of 6.5%. That’s the fastest pace since last fall, but still slower than analysts expected.
President Biden to unveil first part of infrastructure plan Wednesday
Wednesday, President Joe Biden will unveil the next chapter of his effort to transform the United States economy. The president is laying out the first part of his $3-$4 trillion infrastructure plan to rebuild the nation’s roads, bridges, water systems and technology, with climate related measures as well. It also invests in manufacturing, the care giving economy as well as research and development.
