Consumer Prices Jump 0.8% in November, Up 6.8% Over Last Year…Inflation reached a 40-year high last month as prices rose for almost everything. What it means—You know things are weird when ...
Week In Review – December 6 2021
The U.S. Economy Created 210,000 Jobs in November… The unemployment rate dipped to 4.2%, a pandemic low. What it means—The jobs report showed the worst of both worlds. The consensus estimate was ...
Week In Review – September 13 2021
U.S. Businesses Reported 10.9 Million Job Openings, Far Outnumbering the 8.7 Million People Unemployed… Employers claim they can’t find qualified workers, even though millions remain on the ...
What is the most important driver of economic growth in the United States?
The most common way to measure economic output is Gross Domestic Product or GDP. It’s the value of all goods and services produced in our country over a specific period of time. GDP is a combination ...
Shortest Ever – July 29 2021
Last week, the National Bureau of Economic Research (NBER) finally announced the official dates for the recession that occurred in 2020. Economic activity peaked in February 2020 and bottomed in April ...