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Posts Tagged ‘US Economy’

August 2014 Economic Overview

August 2014 Economic Overview

Our New Economy of the 1990’s is no more. A variety of U.S. inflation indicators have moved up sharply since early in the year, including the producer price index. The index, which measures wholesale costs, has climbed 2% in the past 12 months as of May. That’s up from just 0.9% in February. A recent article in the Economist discussed some [...]

October 2012 Economic Overview

October 2012 Economic Overview

US Economy  The U.S. economy is showing signs of finally bottoming out: Americans are on the move again after record numbers had stayed put, more young adults are leaving their parents' homes to take a chance with college or the job market, once-sharp declines in births are leveling off and poverty is slowing. But the economy is still [...]

February 2012 Economic Overview

February 2012 Economic Overview

The world economy is sluggish, but not moribund. Pessimism is overdone. Latest statistics especially in manufacturing were better than expected. The world economy is sick. Politicians are doing little to help matters. Yes the world seems to have slipped into recession, but it is expected to be short and shallow. Uncertainty is still acute and [...]

March 2011 Economic Overview

March 2011 Economic Overview

President Obama’s State of the Union was long on promises but short on definite plans for curing unemployment, putting the budget back into shape, or for dealing with the problem caused by entitlements. US Factory activity expanded in January at the fastest pace in nearly seven years, as manufacturers reported a sharp jump in new orders. The [...]

December 31st 2009 Economic Overview

December 31st 2009 Economic Overview

The calamitous economic decline experienced worldwide, over the past two years would normally be followed by a robust recovery. Not so, this time around. We are in a dull heavy calm ...and this is best we can hope for. In 2010 the US economy will struggle to show 2-3% real GDP growth. Interest rates will remain low but unemployment will [...]