Economy Slowed by High Unemployment and High Food Prices

Jobs are scarce and food prices are likely to stay high through next year, according to new data that reinforced evidence of a U.S. economy stuck in a weak patch.


The second straight month of record exports helped Wall Street end its six-day losing streak. The Dow Jones industrial average gained 75 points to close up for the day. Broader indexes also increased.

The AP reports this as news.  Is there some part of this story that the rest of us didn’t already know?  Perhaps the impact of the extra severe winter weather and the rains.

Read the rest:


About rereno

Real estate investor
This entry was posted in Economy and tagged . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s