Cumulative Change in Real Per Capita Disposable Income
Weekly Economic Update: September 23-27, 2013
The Case-Shiller home price index rose 0.6% in July, up 12.4% from a year ago. Durable orders increased 0.1% in August. New home sales rose 7.9% in August to an annual rate of 421,000. GDP growth for the 2nd quarter of 2013 was 2.5%, according to the third estimate. Personal income rose 0.4% in Augu...
Real Federal Government Consumption and Investment is Higher than when Recession Started
Recovery's Growth Gap Remains Large
Recovery's Growth Gap vs. Reagan
Business Investment Still Hasn't Recovered
Economic Review and Analysis of Selected Pro Growth Provisions of the Spending Control and Economic Growth Act
President Obama’s request for an increase in the federal debt ceiling provides Congress with an opportunity to enact a bipartisan plan to reduce federal budget deficits and to increase economic growth.
Weekly Economic Update: September 16-20, 2013
Industrial production increased 0.4% in August. The topline consumer price index rose 0.1% in August while core CPI also rose 0.1%. Housing starts rose 0.9% to an annualized pace of 891,000 units in August. Building permits fell 3.8% to an annualized pace of 918,000 units in August. The FOMC announc...
Curing America’s Growth Gap
A more comprehensive understanding of the relationship between government spending and debt and the effect on the broader economy is imperative for all policymakers. Spending and debt can stunt economic growth, which in turn leads to a vicious cycle of further deficit spending and debt.
Weekly Economic Update: September 9-13, 2013
Consumer credit increased $10.44 billion to $2.852 trillion in July. The U.S. Treasury reported a deficit of $147.9 billion for August. The topline producer price index increased 0.3% in August while core PPI was unchanged. Retail sales increased 0.2% in August. Business inventories increased 0.4% i...
