Older Workers Driving US Job Growth
Since 2000, the number of U.S. jobs has grown by 17 million. All that growth has been among workers aged 55 and older.
Economy
All Economy Articles
Newest first · Page 165
Consumer Prices in December Set Stronger Inflation Pressure for 2018
Inflationary pressures seem to be building and that could push prices higher into 2018. Higher inflation is also expected to justify further interest rate hikes.
China Overblown Treasury Risk, but Europe, Japan and US Fed Pose Larger Risks
It turns out that the rumors that China was going to stop or seriously slow down its buying of Treasuries isn't true. That being said, there are still other risks to weigh for interest…
December Small Business Optimism Dips, but 2017 Sets New Index Record
The National Federation of Independent Business reported that December small business optimism dipped slightly from a near-record high in November, but 2017 posted the highest annual reading in the survey's history.
Is Record-High Consumer Debt a Good or Bad Thing?
The Fed reported Monday that consumer credit rose in November 2017 at the fastest rate in two years and that month-over-month growth was the largest in 16 years.
Severe Weather in 2017 Costs Americans $306 Billion
NOAA on Monday released data on the number of billion+ dollar weather events of 2017. The agency also noted that 2017 was the third-warmest year since record-keeping started 123 years ago.
Disappointing Payrolls Gain May Have a Silver Lining
One of the most important monthly economic releases is the Employment Situation report from the U.S. Department of Labor. This is one of the top measurements of a healthy economy,
Global Debt Tops $230 Trillion
The Institute of International Finance reported that global debt reached over $230 trillion at the end of the third quarter.
10 States Where the Most People Are Moving (and Leaving)
People are moving to small states and leaving large ones, according to a recently released study, due in part to new relocation habits of baby boomers.
How Fed Interest Rate Changes Will Affect Consumers in 2018
An expected three Fed interest rate hikes are on tap for 2018. If all three materialize they will affect how much a mortgage or car loan costs and how much interest you can earn…
How December’s Unemployment Report Could Set the Tone for 2018 Expectations
The markets are going to get their last employment situation report for 2017 on Friday, and the unemployment rate is expected to remain flat.
Americans Added $1,054 to Personal Debt This Holiday Season
Among Americans who went into debt this past holiday season, the average debt incurred was up 5% year over year to $1,054. Now it's payback time.
US Population Adds One Person Every 18 Seconds
The U.S. population will grow by more than 2 million people in 2017, cementing its place as the world's third most populous nation after China (1.38 billion) and India (1.3 billion).
Consumer Confidence Rapidly Peels Away From 17-Year Highs
The Conference Board has released its December reading on consumer confidence. After coming in with a rather strong reading in November, the index fell in December.
New York Area Property Taxes Soar as Questions About Discretionary Income Rise
While it is too early to tell, discretionary income in many areas around the nation could be curtailed and undermine consumer spending.