Topic: Peter Morici
Depends on your definitionSome views from Washington over the years on the difference between a recession and a depression: " That was candidate Reagan's characterization of the economy in 1980, when he defeated incumbent Carter for the presidency.CARTER ECONOMIC ADVISER ALFRED KAHN: ...
The Institute for Supply Management's non-manufacturing index reached a record low of 37.3 in November, breaking the previous record of 44.4 set in October. The ADP report is effectively a preview for Wall Street of what may come from the government's own ...
