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Lawmakers got the bad financial news most were expecting Friday when state economists said they now expect general revenue to be down about $1 billion in the current budget year and more than $2 billion in the next one compared with estimates made four months ago. ...more
March 14, 2009
Four states - California, South Carolina, Michigan and Rhode Island - registered unemployment rates above 10 percent in January, and the national rate is expected to hit double digits by the end of the year. ...more
March 12, 2009
When will this wretched economy bottom out? The recession is already in its 15th month, making it longer than all but two downturns since World War II. For now, everything seems to be getting worse: The Dow is in free fall, jobs are vanishing every day, and one in eight American homeowners is in foreclosure or behind on payments. ...more
March 7, 2009
World trade more or less quadrupled from 1982 to 2008. Most economists either did not foresee the universal array of economic calamity which dramatically manifested itself in the fourth quarter of 2008 or chose to remain mum. ...more
March 6, 2009
Second-worst in Florida; numbers are highest since 1976 ...more
March 6, 2009
The number of new jobless claims and the total number of people receiving unemployment benefits both dropped more than expected last week, though they remain at elevated levels and are unlikely to fall substantially in the coming months. ...more
March 6, 2009
A new estimate shows property values and the taxes they generate are dropping more than previously expected, and that will just widen a potential state budget gap, the Senate's top budget-writer said Thursday. ...more
March 5, 2009
Patti Constantino-Martin of Spring Hill wants an end to bailouts and the government to seize the assets of the executives of failed financial institutions. ...more
February 25, 2009
The financial forecast for Hillsborough County schools likely will get worse - even with a stimulus of federal money - and administrators will have to explore ways to cut even deeper, the district's superintendent said Tuesday. ...more
February 25, 2009
The financial forecast for Hillsborough County schools likely will get worse – even with a stimulus of federal money – and administrators will have to explore ways to cut even deeper, the district's superintendent said today. ...more
February 24, 2009
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