Articles from Aaron Nathans
Thanks to MoneyTalksNews and Yahoo Finance for highlighting AIER’s Employment Destinations Index as part of a recent story on work-life balance.
The story highlighted Glassdoor.com’s list of top 10 jobs for work-life balance. The list was led by data scientist – which should make our data scientist, Theodore Cangero quite happy to hear. Other top jobs were search engine optimization manager, talent acquisition specialist, social media manager and substitute teacher.
The American Institute for Economic Research has a long history of accurate forecasting on economic matters, such as predicting recessions. Our senior research fellow, Polina Vlaskeno, was once again right on the money when it came to predicting the size of next year’s Social Security cost-of-living adjustment.
Six years after the Great Recession, key parts of the housing market continue to struggle to find momentum, the reasons for which are outlined in the new October edition of Business Conditions Monthly, the American Institute for Economic Research’s bird’s-eye view of the economy.
Owning a home has been held up as a key part of the American Dream, but the housing bust devastated Americans’ balance sheets and wreaked havoc on the financial system, the report notes.
As a result, home ownership rates have fallen to below 64 percent today, down from over 69 percent in 2005, according to the report.
Yesterday, a financial reporter posed a good question to me: Why haven’t the global economic woes caused a recession in this country? Or, why wouldn’t they?
It’s hard to look away from the problems in China, Greece and elsewhere. Last week, U.S. News & World Report quoted our report, Business Conditions Monthly, on the possibility of headwinds from China affecting us at home. So why is it less than likely that problems in China, Greece, or elsewhere would send the U.S. into recession? Our senior research fellow, Bob Hughes, stated the reason in rather simple terms.
Here’s one more bit of data that backs up the storyline of the U.S. economy continuing its trajectory of growth.
The Federal Reserve on Wednesday released its consumer credit report, showing that the trend of 6 to 7 percent annual growth that started in early 2014 continued in August. The major driver recently has been credit card usage, noted Bob Hughes, senior research fellow at the American Institute for Economic Research.
With the Trans-Pacific Partnership heading to Capitol Hill for ratification, U.S. policymakers will weigh the proposed free-trade zone in an increasingly challenging trade environment. The strong dollar, a weaker global economy and low energy prices have all worked against the United States when it comes to trade, said Bob Hughes, senior research fellow at the American Institute for Economic Research. Today, the U.S. posted a trade deficit for the month of
This morning we received word that the second-quarter Gross Domestic Product numbers were revised upward by the Commerce Department, from 3.7 percent in the prior estimate to 3.9 percent. It was the third estimate of these numbers; the initial estimate was just 2.3 percent. Consumer spending rose at a healthy pace of 3.6 percent, and most other areas of domestic demand contributed positively to the gain in the quarter, noted Bob Hughes, senior research fellow at the American Institute for Economic Research.
As the sun fell on a beautiful day at AIER's campus in the Berkshires of Western Massachusetts, I snapped these pictures. There's no better place to clear the mind and think about big subjects like economics than our historic campus, including the Stone House, built in the 1920's, and our E.C. Harwood Library that overlooks lovely Long Pond.
As more Americans buy more powerful smart phones that allow them to access the Internet anywhere, the price of setting up Internet service at home has dropped in the last year. The decreasing price of home internet service is one interesting bit of data from the American Institute for Economic Research’s Everyday Price Index
The Consumer Price Index used to be a pretty good approximation for the trend in everyday prices, but it no longer is.
That’s the conclusion of a new research brief by Polina Vlasenko of the American Institute for Economic Research. AIER’s Everyday Price Index, she says, is a better way to plan a household budget, by measuring the expenses Americans pay on a regular basis.
As our research fellow Jia Liu pointed out last week, the Federal Open Markets Committee already has all the major information on the economy that it will receive in advance of its two-day meeting that starts on Wednesday.
Nevertheless, there are a few data points that will come out just before and during the meeting, as they deliberate whether to raise interest rates this month.