AIER Leading Indicators Index Moves Higher in February
“AIER’s Leading Indicators Index rose in February, hitting the highest level since 2018, suggesting broadening activity and continued economic expansion.” – Robert Hughes
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Energy Price Jump Leads Broad-based Increase in Everyday Prices
“AIER’s Everyday Price Index jumped 0.8 percent in February, led by increases in the volatile energy category.” – Robert Hughes
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The Great Reopening
“Please do not give up hope. In the Spring of last year, all seemed lost. As the Spring comes again, we are again reminded that history is nothing more than what we make of it. We are not its victims but its authors. Freedom will return!” ~ Edward Peter Stringham
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Politicians Turn Problems Into Power
“Politicians make grandiose claims about their various and sundry programs because those claims resonate with the people who receive government largesse. In the end, people receive pennies on the dollar compared to what they could have received had we decided just to write a check. Our government has become a tool that politicians use to turn national problems into political power, so it should come as no surprise that they are not interested in solving problems at all.” ~ Antony Davies & James R. Harrigan
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Crude Oil Surge Drives Everyday Prices Higher in January
“AIER’s Everyday Price Index jumped 0.8 percent in January, pushed higher primarily by gasoline following the recent surge in crude oil prices.” – Robert Hughes
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AIER Business Cycle Indicators Were Little Changed in January
“AIER’s Business Cycle Conditions indexes were little changed in January, holding solidly above the neutral threshold of 50, suggesting continued economic expansion ahead.” – Robert Hughes
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A Crisis in Science
The Harwood Economic Review for Winter 2021 A Crisis in Science
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Everyday Prices Rise Just 0.9 Percent in 2020
“Everyday prices increased just 0.9 percent in 2020. The pandemic and government restrictions are likely to distort relative prices, but overall trends are likely to remain moderate.” – Robert Hughes
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Favorable readings continue for the AIER Leading Indicators Index but Policy Threats Remain High
“The uneven economic recovery continues, and future expansion is likely, but restrictive government policies remain a significant threat to the outlook.” – Robert Hughes
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Gas and Groceries Pull Down the Everyday Price Index in November
“AIER’s Everyday Price Index fell 0.2 percent in November, led by gas and groceries. Effects of the pandemic and government restrictions may impact relative prices in the short term.” – Robert Hughes
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AIER’s Leading and Roughly Coincident Indexes Were Favorable in November
“The U.S. economy expanded in November but concerns about the future linger. The potential for renewed lockdown policies to restrain future growth remains significant.” – Robert Hughes
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Food and Gasoline Offset in the Everyday Price Index
“AIER’s Everyday Price Index fell 0.1 percent in October as food and energy price changes largely offset each other.” – Robert Hughes
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