September 17

By Roosevelt Institute |

daily-digest-150What you need to know to navigate today’s economic debate.

First-time job filing numbers down (Bloomberg)
The number of people filling for unemployment for the first time fell by 12,000 last week.

Consumer prices rise, but not much (AP/Chicago Tribune)
Smallest increase in 5 years expected to inspire Fed to keep interest rates the same.

Foreign demand for long-term U.S. securities falls (AP/Forbes)
China still buys up.

Big business loves Baucus (Bloomberg)
GE, business groups call Baucus health plan “an improvement.”

86% of Americans think U.S. still in a recession (CNN)
Bernanke calls recession over, but 42% of Americans say it’s still “serious.”

U.S. housing starts highest in nine months (FT)
Multi-family home construction surge kicks starts up in August.

Dollar drops against yen, again (FT)
Japanese finance minster emboldens investors to buy currency.

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