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Mike's Economics Blog

By Mike Moffatt, About.com Guide to Economics since 2002

Is The U.S. Economy Improving Or Not?

Saturday July 5, 2003
We seem to be getting a lot of mixed messages lately. On the 4th of July it was reported that the unemployment rate hit a nine-year high. The unemployment rate currently sits at 6.4%, a level it has not been at since Clinton's first term in office. Not all the news is gloomy for the United States however. The Organization for Economic Co-Operation and Development or OECD for short issued a recent report indicating that both the American and Canadian economies are about to enjoy increased growth.

As always, I'd like to hear your view. You can either leave a public message on our economics forum or send me a private message using the feedback form.

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