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Lookout Report: The Precariously Positioned U.S. Economy Warrants Heightened Scrutiny Of Jobless Claims Sep 11
Standard & Poors, September 2011
Regular readers of the Lookout Report are aware that we have been patiently waiting for the U.S. economy to begin to show signs of emerging from whatever has weighed heavily on some aspects of economic growth, notably employment, since the middle of the second quarter. Although we continue to believe that stunted growth is at least partially the result of supply-chain issues related to Japan, the clock is ticking as we seek clarity as to how and when the economy will make more significant progress. Nonexistent nonfarm payroll growth has recently accentuated the relatively flat GDP growth over the first half of 2011, leading to concerns that the economy is helplessly sliding toward recession. Meanwhile, other indicators such as retail...
Companies mentioned in this report are: Republic of Italy (Unsolicited Ratings),ExxonMobil Corp.
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research Type: Commentary
Criteria articles describe the thought process and methodology Standard & Poor's analysts use in determining ratings. These commentary pieces discuss both the quantitative (economic and financial) and qualitative (business analysis and caliber of management) aspects of the analysis, as well as legal issues.
Republic of Italy (Unsolicited Ratings),ExxonMobil Corp.