It’s been a week of mixed economic news. Gas prices are down; jobless claims are up; pending housing sales are up. While it’s been hard to put a finger on whether the recovery is progressing or stumbling, it is clear that as presidential campaigning pushes into full swing, talk about the economy will only grow heated. This may particularly be the case in the 14 states expected to be “swing states” this election: job growth in swing states has been well below the national average for job growth around the rest of the U.S. this past year, and that could be a major cause for concern for President Obama come this November. Motoko Rich, economics reporter for our partner The New York Times explains the latest economic numbers, and what to look for in the months ahead.
The World is an independent newsroom. We’re not funded by billionaires; instead, we rely on readers and listeners like you. As a listener, you’re a crucial part of our team and our global community. Your support is vital to running our nonprofit newsroom, and we can’t do this work without you. Will you support The World with a gift today? Donations made between now and Dec. 31 will be matched 1:1. Thanks for investing in our work!