Choosing Up Sides in the Border Tax Battle
Friday will see the first meeting of President Trump's business advisory council. While we can't be sure what the president will want to talk about, there are certainly plenty of issues on the table.
Economy
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Is the Federal Reserve’s New 2017 FOMC Even More Dovish Than It Was In 2016?
The Federal Reserve’s Federal Open Market Committee (FOMC) managed to deliver a dud on Wednesday. Janet Yellen and the FOMC members just did not talk up any big prospects nor did they act very…
New Construction Spending Up 4% in December
New construction in December totaled an estimated $1.2 trillion seasonally adjusted annual rate, down slightly from the November rate, but 4.2% higher than the December 2015 rate.
Did China Trade Deficit Kill 3.4 Million American Jobs?
The argument continues to be made that America's trade relationship with China has cost the United States jobs. It is one of the debates at the core of the new administration's plans to bring…
College Endowment Values Dropped in 2016, Despite Market Rise
The bull market has not helped the value of college and university endowments. Those funds are at their lowest since the recession.
How Politics Is Juicing Up Consumer Sentiment to Decade Highs
The 2017 economic data are looking strong, and one such reading is the consumer sentiment number for the end of January.
Why Weak GDP and Weak Durable Goods Should Not Matter, at Least This Time Around
While these reports might give some of the economic policy critics more fodder, the reality is that many of the policies that were promised during the election will not actually start showing up until…
US Cities With the Most Mexican Immigrants
Is President Trump's proposed wall and increase in border agents just an expensive solution to a problem that is getting smaller on its own?
Los Angeles, With 1.7 Mexican Immigrants, Faces Major Labor Shortage
Los Angeles, with 1.7 million Mexican immigrants, which is more than 13% of its total population, faces major changes if the Trump administration implements some of its plans.
US Hit with 12 Natural Disasters in 2016 Costing $1 Billion or More
In 2016, the United States experienced six flooding events that exceeded the once-in-a-thousand years expectation level.
America’s Best Automobile Insurance Companies
Researchers at the Insure.com website commissioned a survey of 3,700 American insurance customers and ranked the companies.
Mexican Economy, World’s 15th Largest, by the Numbers
Major trade friction with the United States could be economically devastating to the Mexican economy, the 15th largest in the world.
Don’t Tell Farmers Economy Is Getting Better; It’s Not
Don't tell farmers who live and work in the major agricultural states that economic strength has started to rekindle. Their attitudes about their business fortunes are pessimistic.
Janet Yellen Points to Rate Hikes Thru 2019: Full Employment, Inflation at Target
Federal Reserve Chair Janet Yellen spoke on Wednesday, January 18, 2017 at the Commonwealth Club in San Francisco, California. Her speech was titled ‘The Goals of Monetary Policy and How We Pursue Them.’ While…
Consumers Want Premium Products — and They’re Willing to Pay for Them
As the world's middle class expands, demand for premium products in a variety of categories is growing very quickly.