Economic Development

Americans’ pessimism about the economy has deepened and confidence in both political parties has fallen, as only 20 percent of people said the country is on the right course, Bloomberg reported.

Just 9 percent of …

Confidence among U.S. small businesses dropped to a 13-month low in August as fewer companies projected better economic conditions and improving sales, Bloomberg reported. 

The National Federation of Independent Business (NFIB) optimism index decreased to …

The number of Americans living below the poverty line rose to a record 46 million last year, Reuters reported.

The Census Bureau’s annual report on income, poverty and health insurance coverage said the national poverty …

The Obama admistration released its jobs plan today and outlined in a press release the impact it would have on Iowa.

Here’s a look at some of plan’s intended impacts on Iowa:

Economics experts who participated in a survey think the U.S. economy will grow less than previously estimated through 2012, reflecting a slump in confidence, limited consumer spending and a struggling housing market, Bloomberg reported.

The …

Most Americans expect to spend less or the same on the holidays this year compared with last year, according to a survey released today.

A whopping 82 percent of those surveyed by America’s Research Group …

Initial claims for U.S. unemployment benefits rose last week, a sign that the labor market is struggling to gain traction, Bloomberg reported.

First-time claims rose by 2,000 to 414,000 in the week ended Sept. 3, …