Economy

All Economy Articles

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California Is Running Out of Water

Most of California has suffered from "exceptional drought" for months or longer. According to a prominent scientist, Californians can prepare for the state will run out of water in a year.

Douglas A. McIntyre · 12 years ago

PPI Shows Big Deflationary Pressure

The U.S. Labor Department has released its Producer Price Index (PPI) for the month of February. In short, deflation is here, at least at the producer and wholesale level.

Jon C. Ogg · 12 years ago

Youth Unemployment at an Amazing 17.1%

In Friday’s report on the employment situation in the United States, the Bureau of Labor Statistics disclosed that the unemployment rate for young people remained in double digits.

Paul Ausick · 12 years ago

Black Unemployment at 10.4%

In February, the unemployment rate among black or African American persons was 10.4%, nearly double the national rate of 5.5%.

Douglas A. McIntyre · 12 years ago

Consumer Credit Creeps Higher as Credit Card Use Drops

ThinkstockThe Federal Reserve on Friday released its preliminary report on consumer credit for the month of January 2015. Consumer credit rose 4.2% in January, well below the 6.5% growth posted in December and the…

Paul Ausick · 12 years ago

ISM Shows More Slowing Manufacturing Growth

The February 2015 Manufacturing ISM Report on Business shows what was represented as the 26th consecutive month of expansion and the 69th consecutive month of growth for the overall economy.

Jon C. Ogg · 12 years ago