Consumer Spending to Drive GDP Growth in 2011

January 13, 2011

John Herrmann, a senior fixed-income strategist at State Street Global Markets, expects consumer household spending to increase three percent this year.

Recent News

Waffle House Workers Strike for Fair Pay and Better Working Conditions

Waffle House workers in Conyers, Georgia, are now on their third day of striking over what they call the company’s unfair policies. Led by the Union of Southern Service Workers (USSW), Waffle House employees are demanding an end to the mandatory “meal credit” deductions from their paychecks, along with better wages and improved working conditions.