U.S. presidential elections are a marathon, not a sprint, and this race has been exceptionally grueling—both for the candidates and the public at large. But more concerned than the average U.S. citizen are small business owners, who have responded to the uncertainty by delaying new...
Stalled growth, disappearing jobs and a sense of foreboding are the defining characteristics of today’s economy. So, what or who is to blame? According to one theorist, the process of “creative destructions,” whereby the death of one business or industry gives rise to another, is...
After another harsh winter, the American economy is stabilizing and beginning to shrug off concerns of a prolonged slowdown or recession. According to the latest economic gauges, industrial production is increasing, inflation is firming, and the housing sector is continuing to pick up momentum. All of...
In a time when consumers are holding their funds close and avoiding spending, a recent report found that businesses are being even more cautious. These findings are likely to weigh heavily on Federal Reserve officials as they consider raising the Federal Fund Rate, despite the...
The U.S. economy's sluggish start to the year is validating the wait-and-see approach the Federal Reserve has taken with raising interest rates. Business investments, constrained by falling corporate profits and diminishing exports, and held back by the strong dollar, have both played their role in the...
The last seven years have been painful for consumers, homeowners, small business owners—indeed for all Americans. The financial crisis of 2007-2008 was the worst economic downturn in the United States since the Great Depression in the 1930s. It was caused by a number of factors,...
Everyday, depending on what consumers or employers are doing, the economy is either growing or contracting. There are a few Economic Indicators or news announcements that you might be interested in following to come to your own conclusions: The decision by the Federal Reserve...