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North America, Macroeconomics Timeline Monday, September 1     Author
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Fed boss warns of growth 'risks'

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US GDP rebounds with 3.3% growth
Aug. 28   Washington
  The US economy grew at a revised 3.3% annually in the 2nd quarter of 2008, much higher than its first estimate of 1.9%
Jul.15   Washington
  Ben Bernanke has warned that there are still 'downside risks' to growth in the world's largest economy
Jun.9   Washington Danger of US downturn 'has faded'
  Federal Reserve Chairman Ben Bernanke: The US economy may have avoided a major decline. He is playing down recent unemployment rises
Mar.20   USA OECD slashes US growth forecast  Organisation for Economic Co-operation and Development: The US economy is on the brink of recession Mar.18   Washington US admits economy is in downturn
  Treasury Secretary Paulson has admitted that the US economy is facing a 'sharp decline' at the moment but hoped for a recovery later in the year
Mar.13   New York Gold hits $1,000 for first time
  The problems facing the ailing U.S. economy continued to send ripples of fear through investors
Mar.7   Washington   Bush insists US not in recession   President says that he remains concerned about the economy's performance. The unemployment at its highest for five years

February 2008 ... more > Top ^

Feb.7   U.S. Congress Congress approves US economy plan  The Congress has passed a $167bn economic stimulus plan aimed at helping to bolster the U.S economy and avoid a recession

year 2007 Top ^

Chavez bid for more state control

year 2005 Top ^

Sep.15   New Orleans   Bush vows 'biggest relief effort'  US President has promised the government will do and spend whatever it takes to rebuild the hurricane-hit Gulf Coast

year 2004 Top ^

Jun.12   UN   Annan: World has become 'more unequal'  U.N. Secretary-General lamented new struggles that developing countries face in a speech to the Group of 77 Apr.2   USA   US job creation finally under way  The economy added an extra 308,000 jobs in March - almost 3 times more than had been expected

year 2003 Top ^

Nov.26   Washington Reports Brighten Economy's Outlook  A new unemployment benefit claims decreased to a 3-year low and durable goods orders posted a strong jump Nov.7   Washington 120,000 jobs were created in October  The number was twice what economists had predicted, bringing the jobless rate to 6% from 6.1% in September Jul.15   Washington US cuts growth forecasts  The economic recovery is taking longer than anticipated, according to latest figures from the Federal Reserve chairman Davos: Economy, Iraq top agenda

year 2002 Top ^

Aug.13   Texas Bush hosting economic forum  Forum in Waco designed to demonstrate the administration has a clear economic policy

year 2001 Top ^

Sep.15   New York New York reopening for business  Parts of downtown Manhattan and area around Wall Street has been opened



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