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Jobless claims drop by 25,000

WASHINGTON, Dec. 6 (UPI) -- The U.S. Labor Department Wednesday said first-time jobless benefits claims dropped back close to where they were before Hurricane Sandy.
Stocks mixed Wednesday

Stocks mixed Wednesday

NEW YORK, Dec. 5 (UPI) -- U.S. stock indexes were mixed Wednesday, as a private payroll company said 118,000 jobs were added to the economy in November.
Private sector gains 118,000 jobs

Private sector gains 118,000 jobs

ROSELAND, N.J., Dec. 5 (UPI) -- Payroll firm Automatic Data Processing said the U.S. economy added 118,000 non-farm private sector jobs in November, the fourth lowest monthly gain of 2012.
U.S. could hit debt ceiling by year's end

U.S. could hit debt ceiling by year's end

WASHINGTON, Nov. 1 (UPI) -- The U.S. government likely will hit its $16.4 trillion debt limit by year's end, giving more urgency to avoiding the fiscal cliff, the Treasury Department said.
Romney: Obama's 'forward' slogan 'absurd'

Romney: Obama's 'forward' slogan 'absurd'

WASHINGTON, June 12 (UPI) -- Likely Republican presidential nominee Mitt Romney said Tuesday President Barack Obama is out of touch with Americans' struggles through the Great Recession.
$25 billion hype

$25 billion hype

After the hype of a $25 billion settlement with five major U.S. banks over foreclosure malpractice comes the stark reality: The deal is full of holes.
ANTHONY HALL, United Press International
National debt equal to national economy

National debt equal to national economy

WASHINGTON, Jan. 9 (UPI) -- The national debt is as big as all of the U.S. economy, topping $15.23 trillion, estimates indicated. An analyst said there's a "grave need" to fix the problem.

Zandi: No deal for supercommittee

WASHINGTON, Nov. 20 (UPI) -- Economist Mark Zandi said Sunday he thinks the congressional supercommittee won't be able to reach a deal to cut the U.S. deficit as this week's deadline looms.
Plouffe: Jobs bill could pass by October

Plouffe: Jobs bill could pass by October

WASHINGTON, Sept. 25 (UPI) -- President Barack Obama's American Jobs Act has a good chance of being passed in its entirety by October, senior adviser David Plouffe said Sunday.
Economist: GOP plan would cost 700K jobs

Economist: GOP plan would cost 700K jobs

WASHINGTON, Feb. 28 (UPI) -- A Republican plan to carve U.S. spending this year would cost 700,000 jobs through 2012, an independent economic analysis indicated.

Economists see 2010 census as a boost

WASHINGTON, Dec. 19 (UPI) -- The 2010 U.S. census will offer the country a slight boost by injecting $2.3 billion into the economy and hiring 1.2 million people, economists said.

Economist: Unemployment to remain high

WASHINGTON, June 22 (UPI) -- High unemployment is likely to haunt the U.S. economy for years to come, a leading U.S. economist said.

Most states in a recession, economist says

WASHINGTON, Oct. 21 (UPI) -- Forty-one states are in or close to a recession, a prominent U.S. economist said.

Oil shock hurting U.S.economy

NEW YORK, May 27 (UPI) -- Fast-rising crude oil costs have sparked divided opinions on whether the U.S. economy will sink into a recession, economists said.

U.S. home prices likely to fall 10 percent

LEXINGTON, Mass., Jan. 2 (UPI) -- U.S. home prices will likely fall an average 10 percent before the real estate market stabilizes, economists said.
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Photos
Mark Zandi
Mark Zandi, chief economist and cofounder of Moody's Economy.com testifies before the Senate Banking Housing and Urban Affairs committee about the state of the US automobile manufacturing industry on Capitol Hill in Washington on December 4, 2008. Chrysler, GM and Ford are asking Congress for billions of dollars to help the industry weather the current economic crises. (UPI Photo/Roger L. Wollenberg)
Wiki

Mark Zandi is an American economist and co-founder of Moody's Economy.com, a widely-cited source of economic analysis.. Moody's Economy.com is part of Moody's Analytics. Prior to founding Economy.com, Zandi was a regional economist at Chase Econometrics.

He was born in Atlanta, Georgia of Iranian descent and grew up in Radnor, Pennsylvania. He attended Upper Merion High School where he earned his diploma. Zandi received B.S. and Ph.D. degrees in economics from the University of Pennsylvania. His surname of "Zandi" comes from the Zand dynasty (formally known as the Zandieh dynasty), which ruled southern and south-central Iran (1750–1794) in the eighteenth century.

Zandi's analysis of the impact of an economic stimulus package on the United States economy was cited by Christina Romer and Jared Bernstein in their report on President Barack Obama's proposed American Recovery and Reinvestment Plan. Zandi uses old-style Keynesian models in the spirit of Nobel Prize winner Lawrence Klein. The utility of such models to gauge the impact of fiscal stimulus has been questioned by Harvard economist Robert J. Barro.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Mark Zandi."
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