Which Way, L.A.?
Economy Still Weak but May Be at Bottom
Yesterday, the Federal Reserve gave its most upbeat assessment of the economy since the Great Recession began. But today, there's news of a different kind. Unemployment increased more than expected last week and, despite cash for clunkers , overall consumer spending declined. Kelly Evans is economics reporter for the Wall Street Journal .
Yesterday, the Federal Reserve gave its most upbeat assessment of the economy since the Great Recession began. But today, there's news of a different kind. Unemployment increased more than expected last week and, despite cash for clunkers, overall consumer spending declined. Kelly Evans is economics reporter for the Wall Street Journal.