Monthly Archives: March 2012

Jump in Retail Sales Solidifies Recovery Momentum – High Gas Prices May Limit Further Gains

March 19, 2012 February retail sales posted stronger-than-expected gains, underscoring consumer confidence and resiliency. The pace of spending growth improved from January’s disappointing 0.6 percent, recording the strongest gain in five months and following solid fourth-quarter GDP growth of 3.0 percent. Job growth has surpassed 200,000 for three consecutive months while initial jobless claims for […]

Hiring Momentum Adds to Recovery Strength; Surging Oil Prices and Election Year Uncertainty Still Pose Risk

March 14, 2012 Positive hiring trends continued in February with employers adding workers for the 17th consecutive month. Strong private-sector job growth propelled the recovery, encouraging workers to enter the labor force, while the prolonged government employment contraction appears to be coming to an end. The gradual recovery of the domestic economy has built some […]