Pertinent Category: Daily Economy

After the Brexit Vote: Take a Deep Breath

– June 24, 2016

The results of the referendum in the United Kingdom to leave the European Union have come as a shock to many, especially investors. While we have no greater insight into what the future holds, there are some things that are known.


The Economy, Summed Up in One Chart

– June 23, 2016

We are coming up on the seventh anniversary of the end of the Great Recession, and for about that long, Americans have been looking for a better-defined storyline for the U.S. economy.


One Chart’s Foreboding Message About the Economy

– June 22, 2016

The Labor Market Conditions Index has fallen into negative territory, and continued to fall since January this year. This indicates that the labor market may be worse as a whole than the individual measures show. The disappointing May jobs report may be not an outlier, but may instead be starting to capture a worsening labor market. 


“Ban the Box” in Hiring: Unintended Consequences

– June 21, 2016

Many U.S. jurisdictions are enacting “ban the box” laws prohibiting employers from asking about criminal histories on job applications. One common goal of these laws is to keep ex-offenders from being automatically screened out before even having the chance to interview. But some recent research found that in New Jersey and New York City, these efforts to “ban the box” may have had unintended consequences.


AIER Summer Fellowship Starts

– June 20, 2016

Today marks the beginning of the seventieth Summer Fellowship Program at the American Institute for Economic Research.


Small Business Judo: Using Size to Your Advantage

– June 17, 2016

The common narrative about small business usually goes in one of two directions. First, many predict doom for “mom and pop” firms in America, arguing small businesses must be protected from giants like Walmart, who can charge lower prices. The second narrative focuses on the benefits these businesses bring to our economy and communities, stressing the need for consumers to “support” small and local business


After a Rough Patch, Some Smoother Sailing

– June 16, 2016

We’ve seen data this week that shows positive signs for the consumer, which is a vital barometer of the economy’s health. That outweighed some mixed data from the manufacturing sector.


Fed: A Rate Increase May Not Happen Any Time Soon

– June 15, 2016

Today, the Federal Open Market Committee decided to keep the federal funds rate unchanged, consistent with public expectation after the disappointing May jobs report.


Contemporary Economics in the Berkshires

– June 14, 2016

The American Institute for Economic Research announces its 2016 Summer Speaker Series, held each year at its scenic campus in the Berkshires of Western Massachusetts. The series features members of AIER’s expert research staff discussing key contemporary economic issues confronting many Americans


Americans Are Worth More, and Saving More Money

– June 13, 2016

We are seeing two additional indications that are positive signs for the economy. First, household balance sheets are improving.


Economic Outlook Brightens

– June 10, 2016

AIER’s Leading Indicators model rebounded in May to the neutral level of 50, following two months at 38, which had indicated a somewhat higher risk of recession.


The Value of an AIER Academic Year Internship

– June 9, 2016

AIER’s 2015-2016 academic year internship program benefitted 13 students . Today, I would like to highlight three of them.