Pertinent Category: Daily Economy

Fed Panel Wants Flexibility in Raising Rates

– April 9, 2015

The Federal Open Market Committee March meeting minutes released on Wednesday highlight several changes compared with the previous  meeting in January, which are worth noting. All in all, the FOMC is on track to start raising interest rates. Even though the timing of the first rate rise is not decided, the policy tools and strategies are getting clearer.   


For Summer Beach Reading, China’s Economy

– April 8, 2015

Here’s an interesting story in Fortune listing 10 must-read books about the world’s second-largest economy, China.


Job Openings Increase While Quits Fall

– April 7, 2015

Americans had been quitting their jobs at a quickening pace in January, but in the snows of February, that momentum stalled, according to data out this morning from the Bureau of Labor Statistics.


Where Millennials Go After College, and Why

– April 6, 2015

This spring, the American Institute for Economic Research will release our Employment Destinations Index, ranking American metro areas on their attractiveness to college graduates who are between the ages of 22-35.


Why We’ll Bounce Back From a Weak Jobs Report

– April 3, 2015

There are a few good reasons why the jobs numbers released by the Labor Department were broadly weak – and why they’re likely to improve in the months ahead, says Bob Hughes, senior research fellow at the American Institute for Economic Research.


McDonald’s Raises Reflect a Changing Economy

– April 2, 2015

The slow growing relationship between the economic expansion and wage growth was brought into the spotlight this week when McDonald’s announced it plans to raise wages by over 10 percent for company-owned restaurants.


The Economic Soft Patch Continues

– April 1, 2015

It might just be the weather or garden-variety economic volatility, but no matter the reason, the storyline of an economic soft patch continued this morning.


Decision Weighs Heavy on Americans with Subsidies

– March 31, 2015

The Supreme Court is deliberating on a case, King v. Burwell, which challenges the legality of the federal government subsidizing health insurance in the 37 states that did not set up their own health insurance exchanges. This is a politically charged debate, both about whether the law is working, and what the real-world implications would be if subsidies are struck down in those 37 states. While it’s not my place to say whether the law is working, it is important to clarify what this Supreme Court decision is about, and who it affects.


Income Inequality and Life Expectancy

– March 30, 2015

There’s an interesting story in The Upshot section of The New York Times today about income inequality and life expectancy. The story highlights a study by the University of Wisconsin Population Health Institute that looks at the relationship between h …


A Slowing Economy? Not So Fast

– March 27, 2015

This morning’s downward revision of the fourth-quarter GDP number, from an already less-than-stellar 2.4 percent down to 2.2 percent, might lead one to believe the economic outlook is weak. But a look inside the numbers shows why things aren’t actually so bad, and why we believe the economy is poised for a stronger spring.


Why the Soft Patch is Unlikely to Last

– March 26, 2015

The American Institute for Economic Research takes a hard look at the two very different storylines in the U.S. economy in its March edition of its new Business Conditions Monthly, which was released on Wednesday.


Higher Prices at the Pump, and at the Plate

– March 25, 2015

The everyday cost of living, which has generally been down for the last year, swung higher in February, as energy prices snapped back.