Pertinent Category: Daily Economy

Why Auto Sales Are Up

– December 7, 2016

Increased sales of both cars and light trucks have been supported by improvements in both the labor market and financing conditions.

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How Much Control Does the Fed Actually Have?

– December 6, 2016

AIER Trustee Walker Todd recently took note of this provocative piece from George Selgin, which argues that the Federal Reserve Bank’s actions since the Great Recession have done little good to boost the economy.

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AIER’s Bob Hughes Quoted in Wall Street Journal

– December 5, 2016

The Wall Street Journal’s Ben Leubsdorf included AIER Senior Research Fellow Bob Hughes in his roundup of economists and analysts reacting to Friday’s jobs report.

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Mixed Details Behind Big Unemployment Rate Drop

– December 2, 2016

A mixed November jobs report suggests the economic expansion continues to grind ahead and the labor market continues to tighten, but wage growth faltered.

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Late Autumn at AIER’s Campus in the Berkshires

– December 1, 2016

I snapped these pictures of our scenic campus in the Berkshires just before our offices opened this morning.

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How Will Small Business Fare Under Trump?

– November 29, 2016

President-Elect Donald Trump rarely made specific mention of small businesses during the campaign. But many of the policies he promised to enact have the potential to effect small business, for better or for worse. Presidents are notorious for breaking campaign promises, but especially in the case of a winner with no track record in government, promises are  all we have to go on. So let’s look at some of Trump’s promises as they relate to America’s small businesses.

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What Did Quantitative Easing Accomplish?

– November 29, 2016

The Federal Reserve’s post-financial-crisis strategy of adding to the money supply hasn’t been successful at improving the economy, so it is curious that it continues to pursue that approach, an AIER trustee said at a recent conference in Washington.

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As 2016 Ends, Big Economic News Awaits

– November 28, 2016

The Thanksgiving holiday is over and the final month of 2016 is approaching. The coming week brings a crowded list of important economic events, and beyond it, some big economic news to watch in December.

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What Sales and Inventories Tell Us About the Economy

– November 22, 2016

In any given month, if sales outpace inventories, then firms are seeing strong demand. If inventories rise by more than sales, then demand is likely weak.  The fact that sales outpaced inventories in October helped push our index of leading indicators further into positive territory. Our Leaders Index stands at 58, up from 54 in September, with 50 being neutral. We view that as a further indication that the risk of recession in the coming months has diminished somewhat.

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Existing Home Sales Keep Rising

– November 22, 2016

We received more data this morning that show the housing market with continued upward momentum.

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The Shifting Link Between Economic Growth and Jobs

– November 21, 2016

A long-accepted law of economics is undergoing changes, as the unemployment rate has become more responsive to changes in economic output, according to a new research brief released by the American Institute for Economic Research.

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Economic Music Videos, and Other Teaching Tools

– November 18, 2016

Rockonomix is an innovative project which encourages students to make their own videos that combine music with basic economic principles. The founder of Rockonomix joined us by satellite earlier this month at a professional development day for the Berkshire County schools.

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