California Has Big Hopes for Facebook’s IPO

The California and national economies are recovering at a modest pace. The economic outlook has improved slightly. Labor markets made higher gains in the latter half of 2011, but growth moderated in the early months of 2012 (Fuel Cost went up around 25% during this time). Consumer attitudes and spending and business investment have been improving. Gross Domestic Product (GDP) growth is projected at a higher level for 2012. The risks to recovery are now projected to be much lower. However, real estate conditions and unemployment rates continue to limit growth.

Rolling Out the Welcome Mat for our Military Families at National Parks and Public Lands

As we celebrate Armed Forces Week, this is a particularly important time to pay tribute to the men and women who serve our country and safeguard our freedom.

Today, just one percent of Americans are fighting our wars, but we need 100% of Americans to be supporting our troops and their families –not just during Armed Forces Week, but all year long. That’s why we launched the http://www.whitehouse.gov/joiningforces last year to encourage all Americans to find ways to honor, recognize and support our veterans and military families.