States Besieged by Budget Woes
Already, 22 states have a collective budget shortfall of at least $37 billion; if the current slowdown follows the path of previous recessions, 35 to 40 states could face budget cuts in 2009.
Financial Woes Overshadow All Other Concerns For Journalists
A new survey of national and local reporters, producers, editors and executives finds soaring economic woes eclipse traditional worries about quality of coverage and credibility.
Economic Discontent Deepens As Inflation Concerns Rise
Public views of the U.S. economy, already quite negative, have plummeted since January. Just 17% currently rate the nation’s economy as excellent or good, down from 26% last month.
GOP Debate’s Economic Focus Mirrors Country’s Growing Concern
But candidates’ perceptions on economic growth and tax cuts diverge from overall public priorities.
Election-Year Economic Ratings Lowest Since ’92
Republicans and Democrats agree the economy should be a top priority for the president and Congress, but they differ more than ever on the importance of other domestic issues — such as global warming and health insurance for the uninsured.
States Take Lead in Housing Crisis
From establishing foreclosure hotlines to temporarily freezing sub-prime interest rates, states are at the forefront of policymaking to minimize damage from the mortgage meltdown.
The Precarious State of Statehouse Budgets
A slumping housing market and skimpier sales tax collections are busting budgets from California to Florida with national job growth sluggish and consumer confidence near a two-year low.
Are Americans out of Sync with Economic Reality?
Americans are far more optimistic than most real estate experts about the outlook for home prices but far more pessimistic than most economists and Wall Street watchers about the overall economic outlook.
Construction Jobs Expand for Latinos Despite Slump in Housing Market
Despite the housing slump, Hispanic workers find a ready market for their skills.