Headline Roundup • August 14th, 2012
Mid-August Economic Reports
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CNN Digital
NEW YORK (CNNMoney) -- U.S. retail sales rose for the first time in four months in July, an encouraging sign that the economy may have started strengthening in the middle of the summer.
Overall retail sales rose 0.8% in the month, according to a Commerce Department report released Tuesday. The increase was well above economists' expectations for growth of 0.2%.
Fox News Digital
In its first index since the Supreme Courts Obamacare ruling in June, the National Federation of Independent Business (NFIB) Small Business Optimism Index took another dip. The July index fell 0.2 points to 91.2, still holding steady in recession territory.
In its first index since the Supreme Courts Obamacare ruling in June, the National Federation of Independent Business (NFIB) Small Business Optimism Index took another dip. The July index fell 0.2 points to 91.2, still holding steady in recession territory.
Read more: http://smallbusiness.foxbusiness.com/entrepreneurs/2012/08/14/post-obam…
Politico
Job growth in July beat expectations but unemployment ticked upward, the Labor Department reported Friday, handing Mitt Romney and the Obama administration a statistic of choice as they spar over the state of the economy.
The economy added 163,000 jobs in July while unemployment ticked up slightly to 8.3 percent from 8.2 percent, the Labor Department reported on Friday.
Read more: http://www.politico.com/news/stories/0812/79352.html#ixzz23YxynUfw
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