Economy

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What Are the Implications of a Declining Workforce?

The Chicago Fed has released some data on the potential implications of a declining workforce on the U.S. economy. The labor force participation rate had fallen to 62.7% at the end ...
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7 States With the Highest Unemployment

With U.S. unemployment at 5.8% in November, the country is back where it was in July of 2008, before the financial crisis hit. In November of 2008, the national unemployment ...
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A Recession for North Dakota?

North Dakota, while small, has been one of the jewels of the U.S. economy. Its unemployment rate was the envy of the rest of America over the course of the ...
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Weekly Jobless Claims Holding Consistent

The U.S. Department of Labor has released the weekly jobless claims for the week ending on December 12. Overall claims fell to 289,000, against the Bloomberg consensus of 295,000. The ...
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Federal Reserve

Federal Reserve Stays Dovish in Last FOMC Meeting Ahead of 2015

Wednesday marked the last Federal Reserve meeting for the year 2014. The big question was whether Janet Yellen and fellow members of the Fed would leave in the "considerable period" ...
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The Cuban Economy by the Numbers

With word that relations between the United States and Cuba may be taking a serious turn for the better, 24/7 Wall St. wanted to show what we have done for ...
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Inflation

Mixed Inflation and Deflation News in Consumer Prices

Last week's report on the Labor Department's Producer Price Index showed that deflationary pressures were rising on the wholesale level. Now we have retail inflation and deflation numbers out via ...
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Russia’s Economy by the Numbers

Many experts believe that Russia will fall into a deep recession next year, due primarily to a drop in oil prices. The recession, as a matter of fact, may have ...
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Russia

Can Anything Save Russian ADSs, ETFs and Funds?

Despite efforts to stabilize the crumbling ruble, the Russia trade just seems to keep going from bad to worse. The carnage has gone to the point that a financial trade ...
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China PMI Contracts — Markit

Markit's HSBC Flash China Manufacturing Index has dropped to 49.5, with a number under 50 representing a contraction. World economists have been worried for some time that the white-hot People's ...
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China

Oregon Lost Most Jobs to China

The state with the most jobs lost to China on a percentage basis? Oregon at 3.67% between 2001 and 2013, according to the Economic Policy Institute. But the carnage does ...
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consumer electronics

Consumer Sentiment at 8-Year High

The Thomson Reuters/University of Michigan Consumer Sentiment Index rose from a final November reading of 88.8 to a preliminary December reading of 93.8. The December index is the highest reading ...
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The Deflation Debate Gets Louder After Producer Prices

The fears of deflation due to lower energy prices and lower demand are likely to get stronger. The U.S. Department of Labor reported that the Producer Price Index (PPI) was ...
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Will Winter Hurt GDP Recovery?

On occasion, some set of experts will revise U.S. GDP forecasts downward. While American consumer spending remains strong, weak economies overseas may lose some of their need for U.S. exports. ...
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U.S. Standard of Living Improved in 2014

While many Americans believe that unemployment and gridlock in Washington have gone a long way to ruin this year, much of the population does not see it that way. Based ...
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