International Demand for goods and Foreign Trade have been a driving force behind United States’ economic growth. The recent legislative efforts, made by the current democratic administration to get permission for a […]
What economic facts are behind the latest fight in trade legislation?
Average Figures on How Americans Spend Time 2003 – 2014.
The way Americans spend their time tends to drive their expending behavior. Either they may spend time working or spend time having fun. The latest release of the American Use Time Survey […]
Manufacturing industries hurry up toward Advanced Manufacturing.
Any time Economists learn facts about manufacturing industries, they conclude that the sector is contracting either at slower or faster pace. In fact, Economists focus too much on the speed of a […]
Data show consumers might be focused paying back debt.
Although news on Consumption Expenditures show a decrease in nondurable goods, that does not mean consumers are cutting back expenditure severely. Thus far –June 25th 2015-, economists believe the demand side of […]
What could you infer from 06/17/15 Federal Open Market Committee decision?
What can we infer from today’s Federal Open Market Committee decision? Today’s Federal Open Market Committee (FOMC) decision corresponds to Fed’s previous statements about the current state of U.S. economy. First, data […]
Preliminary Data on Services Industries during first quarter 2015.
The more data we know, the more facts we start to understand about the U.S. GDP contraction on the first quarter of 2015. The United States Census Bureau released on June 10th […]
Is the Current U.S. Dollar Strong All Over the World?
The “Strong Dollar” factor: “Strong Dollar” is said to be one of the main causes explaining the poor economic performance of the United States during the first quarter of 2015. United States’ […]
Towards rethinking the saving rate in Solow-Swan Model.
The saving rate in the neoclassical growth model forces a Trend Stationary Process (TSP) which determines the path of economic growth. By looking at the behavior of the Saving Rate in Consumer […]
Labor Productivity: 2015Q1 vis-à-vis 2014Q1.
Labor Productivity increased 0.2 percent when comparing 2014 first quarter and 2015 first quarter. Hours worked by all persons in the labor market increased 0.3 percent in 2015Q1 vis-à-vis 2014Q1. Compensation per […]
“Discouraged Workers” are coming back into the labor market.
Data on employment levels for April and May 2015 look favorable. Both months have shown increments above 200,000 jobs. However, the unemployment rate stubbornly hovers around 5.4%. In spite of U.S.’ GDP […]
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