Economy

Financial woes seen limiting U.S. economic rebound 2:53pm EST

NEW YORK (Reuters) - The U.S. banking industry may have pulled back from the brink, but finance executives say they still face hurdles that will tighten credit and delay an economic rebound.  Full Article

 
Weary of old wardrobes, women buying clothes again 3:48pm EST 

SAN FRANCISCO (Reuters) - Shop 'till you drop it's not, but U.S. women are finally starting to buy clothes again.  Full Article  

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Closer looks at the causes and effects of the recession

  • Gross Domestic Product (GDP)
  • Consumer Price Index (CPI)

Tracking global PMIs

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  • UKUK
  • Europe
  • Asia
  • US Most Actives

The Economy: Calling the Turn

El-Erian: Stocks have hit a wall

PIMCO's Mohammed El-Erian says he believes the stock market rally has gotten ahead of itself in terms of valuations.  Video 

 
Phillips: Bouncing on the bottom

Former Federal Reserve Board Governor Susan Phillips says the economy may be at an inflection point but does not see strong growth anytime soon.  Video 

 
Kasriel: Double dip recovery unlikely

Paul Kasriel, chief economist at Northern Trust, says reliable indicators are showing signs that the recession is over.  Video 

 
Achuthan: Recession coming to an end

Lakshman Achuthan, Economic Cycle Research Institute, says he
is confident that the global economy is in the midst of a recovery.  Video 

 
Lazear: Recovery will be steep

Edward Lazear, former chairman of the White House Council of Economic Advisers, says once the U.S. begins its recovery, the trajectory will be steep because the fall has been so drastic.  Video 

pictures

Route to Recovery

Reuters photographers Lucy Nicholson, Carlos Barria and Brian Snyder file pictures from the epicenters of the American recession.  Slideshow