Industrial production jumped 1.0 percent in April, the largest monthly gain since February 2014. Over the past year, industrial production is up 2.2 percent, the best growth since the year ending in January 2015. Those gains helped push capacity utilization up 0.6 percentage points to 76.7, the highest since August 2015.
READ MOREAs part of our evaluation of the impact of AIER’s Teach-the-Teachers Initiative, we analyze the results of a classroom field test. Based on the evidence collected through the follow-up process, we are confident that the teachers are mastering the subject matter and the pedagogy for presenting it to students.
READ MORENew data suggest a positive outlook New York manufacturers and home builders across the country.
READ MOREEconomic data released today paint a favorable picture of the economy and support a positive outlook over the next few quarters. Retail sales rose 0.4 percent in April following a 0.1 percent increase in March and a 0.2 percent drop in February. Both F …
READ MOREEarlier this week, my colleague Theodore Cangero wrote about funding gaps in state pension programs. These can have negative consequences not only for state budgets but for residents currently employed in industries with state pensions whose regulation …
READ MOREInternal migration has always been a part of America. The ability to move for a better job has promoted economic growth. AIER studies have shown that a better match between workers and employers helps productivity and wages. A new article from the Mise …
READ MORELow levels of initial claims, a high number of open positions, and rising numbers of workers quitting jobs for new ones all point to a tight labor market.
READ MOREWe’ve been writing a lot lately about trade and immigration policy, and getting a wide array of thought-provoking comments. It strikes me that a key source of the disconnect in our country’s debate about whether freer trade and immigration cost America …
READ MORESince the Great Recession, large federal budget deficits and a record level of government debt have dominated the headlines. But municipal and state finances have also come under stress in recent years. On the municipal side, Detroit declared bankruptc …
READ MOREOn Monday, May 1, I was a featured speaker at a Berkshire Business and Professional Women meeting in Pittsfield, Mass. It was wonderful to connect with the organization, whose mission is “to promote full participation, equity, and economic self-suffici …
READ MOREOne of the most controversial aspects of U.S. immigration policy is the H-1B visa program. The program currently allocates 85,000 visas to high-skill workers, especially in tech industries. Silicon Valley executives at places such as Google and Faceboo …
READ MOREMany people find cryptocurrencies such as Bitcoin appealing because they aren’t attached to any government and are thus immune to inflation associated with fiat money.
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