On This Labor Day: Contradictory Economic Headlines Run Amok

On This Labor Day: Contradictory Economic Headlines Run Amok

It’s Labor Day—when we honor the American worker. Over the last few years, things have generally not been good for this group economically speaking. Are things improving? Well, it depends on what day you read the headlines. Below are 10 different Reuters headlines within the 14 day period from August 16-August 30. If you can figure out if the the economy is getting better after reading them, you’re a lot smarter than us. Pay extra special attention to the first two headlines in bold. These appeared only three days apart (August 30 & 27). You can’t even make it up.

U.S. Consumer Sentiment Slips in August 

U.S. Consumer Confidence Rises in August 

Weak Spending, Inflation Data Underscore Soft U.S. Economy

U.S. Leading Economic Indicators Rises More than Forecast

U.S. Durable Goods Post Largest Drop in Nearly a Year

Good Jobless Claims Data Points to Pickup in Job Gains in August

Employment Gains Falter in U.S. States

U.S. Labor Market, Factory Data Show Economy Firming

Housing Recovery Loses a Step as Pending Home Sales Fall

U.S. Home Prices Rise But at Slower Pace, Consumers Optimistic

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