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Economy

Tinsel And Christmas Decoration Producer Festive Productions

The Economics of Christmas — How Much Americans Spend on Presents, Cards, Travel and More

Christmas means toys, food, holiday cards, laughter, singing, family squabbles and lot of sweets stuffed inside your belly. The festive season also means a ton of money will be spent on those near and dear to us—and with so many sales going on, maybe just a bit on yourself as well.

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Category: Holidays, News, Shopping Tags: ,
House For Sale
Images_Of_Money/Flickr

Contracts to Buy US Homes Falls for 5th Month

WASHINGTON (AP) — The number of Americans who signed contracts to buy homes fell in October for the fifth straight month. Higher mortgage rates, price increases and the 16-day partial government shutdown held back sales.

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iStock

Positive Economic Signs Include Robust Jobs Numbers, GDP Growth

The U.S. economy, which has been slogging through a long, slow, tepid recovery for years following the Great Recession of 2007-2009, showed several positive signs this week, including higher-than-expected jobs numbers and GDP growth.

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employment application
iStockphoto

Economy Adds 175,000 Jobs, Unemployment Rate Rises Slightly to 7.6%

Job growth in May beat economists' expectations, coming in at 175,000 new positions added, which aligns closely with the yearly average. The unemployment rate rose ever so slightly, from 7.5 percent to 7.6 percent, a result of more people entering the work force, according to the Labor Department.

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jobs stuff
iStockphoto

Economy Adds 236,000 Jobs; Unemployment Rate Drops to 7.7%

The labor market—and the economy overall—is improving, albeit gradually, with employers adding 236,000 jobs in February. That gain brought the unemployment rate down a few ticks from 7.9 percent to 7.7, its lowest point in four years.

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job applicants
Brand X

Economy Adds 155,000 Jobs in December, Unemployment Rate Stays Even

The American economy created 155,000 new jobs in December, according to the latest report from the Labor Department. The unemployment rate is 7.8 percent, the same as November.

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Businessman and declining share
iStockphoto

A Quick Look Back at the American Economy on Election Day 2008 — Dollars and Sense

Four years ago, during the last presidential campaign, the American economy was collapsing faster than it had since the Great Depression. Now, with the 2012 election upon us, most analysts agree that the economy is in a period of slow recovery—a bit too slow, according to just about everyone.

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baby
Alec Couros, Flickr

Americans Keep Having Fewer Babies, Probably Because of the Economy

Call it the "baby bust." For the fourth straight year, birth rates in the United States have declined.

Slightly fewer than four million babies were born in the U.S. in 2011, the lowest total since 1998. However, the 1 percent drop in the birth rate was less than it had been in the previous three years. This suggests that the economic pressure experts believe is depressing the birth rate may be easing up.

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paparutzi, flickr
paparutzi, flickr

Economic Woes Drive US Birthrate to Its Lowest in 25 Years — Dollars and Sense

Recent estimates say it costs upwards of a quarter of a million dollars to raise a child to adulthood, and it seems many people have taken those numbers to heart: a new survey indicates the American birthrate is at is lowest point since 1987.

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