Lynn Reaser

Type: Person
Name: Lynn Reaser
First reported Jul 30 2014 - Updated Jul 30 2014 - 1 reports

US economy bounces back sharply

(CNNMoney) -What a relief. The deep economic contraction earlier this year was temporary after all.New data released Wednesday show the U.S. economy bounced back in the spring, growing at a 4% annual pace in the second quarter. That was even better than ... [Published Click Orlando - Jul 30 2014]
First reported Jul 28 2014 - Updated Jul 28 2014 - 1 reports

Economic data dump this week

Economic news junkies: Get your computers ready for a series of data and word-intensive downloads this week. They include a monetary policy statement from the Federal Reserve, the government's monthly jobs report and the first estimate of second-quarter ... [Published Bankrate.com - Jul 28 2014]
First reported Jul 12 2014 - Updated Jul 12 2014 - 1 reports

Economists see 3% growth through end of year

The fifth anniversary of the U.S. economic expansion will usher in a rare boon: growth exceeding 3 percent over a nine-month period, a Bloomberg survey of economists shows.Gross domestic product will expand 3.1 percent from July through December, following ... [Published Minneapolis Star Tribune - Jul 12 2014]
First reported Jul 11 2014 - Updated Jul 11 2014 - 1 reports

Growth seen exceeding 3 percent as expansion enters sixth year

* Survey forecasts first sustained gain in gross domestic product since 2004-05 as economists point to an improving job market and stock gainsWASHINGTON — The fifth anniversary of the U.S. economic expansion will usher in a rare boon: growth exceeding ... [Published North Jersey.com - Jul 11 2014]
First reported Jul 10 2014 - Updated Jul 10 2014 - 1 reports

Wages barely crept up in San Diego

Wages in San Diego County barely increased at the end of 2013, but the small gain was still good for second highest among the nation’s 10 largest metropolitan areas, many of which saw pay decline over the year.The U.S. Bureau of Labor Statistics reports ... [Published U-T San Diego - Jul 10 2014]
First reported Jul 03 2014 - Updated Jul 03 2014 - 1 reports

Milestone! Dow closes above 17,000. So?

In a pre-Independence Day milestone, the Dow Jones Industrial Average closed above 17,000 for the first time. Here are some questions you may have about the record:Q: What happened?A: On Thursday, the Dow Jones Industrial Average closed above 17,000 for ... [Published U-T San Diego - Jul 03 2014]

Quotes

The still-large number of underemployed Americans remains a sticking point as well. "There is a lot of temporary help," says Reaser. "people can't get a full-time job. there are over 3 million people who have been out of work for six months or longer."
For the remainder of the year, "growth is likely to be around 3 percent at best, and it's by no means clear that we've broken out of that 2 percent zone we've been in" Reaser said
...healing and inflation is not going to be a problem,' said economist Lynn Reaser, vice president of the National Association for Business Economics. "the bogeyman of deflation also was removed from the fed's primary risk list." The Fed in March launched a $1.2 trillion effort to drive down interest rates to try to revive lending and get Americans to spend more freely again...

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US economy bounces back sharply [Published Click Orlando - Jul 30 2014]
Economic data dump this week [Published Bankrate.com - Jul 28 2014]
Economists see 3% growth through end of year [Published Minneapolis Star Tribune - Jul 12 2014]
Growth seen exceeding 3 percent as expansion en... [Published North Jersey.com - Jul 11 2014]
Wages barely crept up in San Diego [Published U-T San Diego - Jul 10 2014]
Milestone! Dow closes above 17,000. So? [Published U-T San Diego - Jul 03 2014]
US recession easing: Federal Reserve [Published Times of India - Jun 25 2009]
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