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Macroeconomics
2007
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| Oct. 10 |
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Bush vows to stabilise US economy| Washington: President has promised the American people the U.S. government is working 'aggressively' to restore stability to the economy | |
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Bush urged to meet with G8 over economy| U.S. Congress: Congressional leaders Reid and Pelosi urged the President to call an emergency meeting with the G8 to address international financial instability | |
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| Oct. 7 |
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McCain, Obama trade blows on economy  | Tennessee: The presidential hopefuls have set out their economic policies in a debate dominated by the financial crisis | |
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| Sep. 25 |
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US rivals in economy crisis talks| Washington: Presidential candidates McCain and Obama are due to meet President Bush at the White House for emergency talks on the economy | |
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| Aug.28 |
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US GDP rebounds with 3.3% growth| 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% | |
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| Jul.15 |
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Fed boss warns of growth 'risks' Washington: Ben Bernanke has warned that there are still 'downside risks' to growth in the world's largest economy
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| Jun.9 |
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Danger of US downturn 'has faded' Washington: Federal Reserve Chairman Ben Bernanke: The US economy may have avoided a major decline. He is playing down recent unemployment rises
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| Mar.20 |
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OECD slashes US growth forecast Organisation for Economic Co-operation and Development: The US economy is on the brink of recession
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| Mar.18 |
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US admits economy is in downturn Washington: 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
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| Mar.7 |
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Bush insists US not in recession Washington: President says that he remains concerned about the economy's performance. The unemployment at its highest for five years
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| Feb.7 |
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Congress approves US economy plan U.S. Congress: The Congress has passed a $167bn economic stimulus plan aimed at helping to bolster the U.S economy and avoid a recession
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| Sep.15 |
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Bush vows 'biggest relief effort' New Orleans: US President has promised the government will do and spend whatever it takes to rebuild the hurricane-hit Gulf Coast
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| Apr.2 |
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US job creation finally under way The economy added an extra 308,000 jobs in March - almost 3 times more than had been expected
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| Nov.26 |
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Reports Brighten Economy's Outlook Washington: A new unemployment benefit claims decreased to a 3-year low and durable goods orders posted a strong jump
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| Nov.7 |
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120,000 jobs were created in October Washington: The number was twice what economists had predicted, bringing the jobless rate to 6% from 6.1% in September
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| Jul.15 |
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US cuts growth forecasts Washington: The economic recovery is taking longer than anticipated, according to latest figures from the Federal Reserve chairman
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| Aug.13 |
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Bush hosting economic forum Texas: Forum in Waco designed to demonstrate the administration has a clear economic policy
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| Sep.15 |
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New York reopening for business Parts of downtown Manhattan and area around Wall Street has been opened
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