The Federal Reserve’s Extraordinary Monetary Policies
Weekly Economic Update January 26 - 30, 2015
Weekly Economic Update January 19-23, 2015
Weekly Economic Update December 8-12, 2014
The U.S. Treasury budget deficit fell to $56.8 billion for November. Retail sales rose 0.7% in November. Business inventories increased 0.2% in October. The producer price index for final demand fell 0.2% in November. Initial jobless claims fell 3,000 to 294,000 for the week ended 12/6.
Taxes vs Jobs What New OECD Data Tell Us About the Supply of Labor
Some economists believe the supply of labor is essentially unaffected by changes in tax policy. Thus, Congress can do little to improve or impair the rate of economic growth by either increasing or decreasing taxes. Other economists believe the supply of labor is highly responsive to changes in tax ...
Measuring Working Family Stress In Relation to the Cost of Living
Rep. Kevin Brady, chairman of the Congressional Joint Economic Committee (JEC) today introduced a new monthly economic index titled the “Working Family Stress Index”. It is designed to create a truer measure of stress on America’s working families based on wages and costs of food, fuel, health care ...
Weekly Economic Update December 1 - 5, 2014
The ISM index ticked down to 58.7 for November. Vehicle sales rose 4.5% to an annual rate of 17.2 million units in November. Construction spending increased 1.1% in October. Nonfarm productivity was revised up to an annualized 2.3% for the third quarter. The ISM services index ticked up to 59.3. The...
Weekly Economic Update November 24-28, 2014
In the second estimate, GDP growth for the third quarter was unexpectedly revised up to 3.9%. Corporate profits came in at $1.873 trillion in the third quarter. Durable goods orders rose 0.4% in October. Personal income advanced 0.2% in October, as did consumer spending. New home sales came in at a ...
Weekly Economic Update November 17-21, 2014
Industrial production ticked down 0.1% in October. The producer price index for final demand rose 0.2% in October. Housing starts declines 2.8% to a 1.009 million unit pace. Building permits increased 4.8% in October to a 1.080 million unit pace. The consumer price index was flat for October. Existi...
Weekly Economic Update November 10-14, 2014
The U.S. Treasury deficit stood at $121.7 billion for October. Retail sales increased 0.3% in October. Business inventories are up 0.3% for September. Initial jobless claims rose 12,000 to 290,000 for the week ended 11/8.
