Daily Economy News

Wednesday, September 13th, 2017

The official US national debt has surpassed $20 trillion, not that any of us can imagine such an enormous sum of money, nor does that number include the greater level of unfunded liabilities.

Wednesday, September 13th, 2017

The PPI rose in August led by increases in consumer goods prices but capital equipment price increases remain modest.

Tuesday, September 12th, 2017

It’s been more than a decade since Katrina, and New Orleans is still rebuilding after more than 80 percent of the city was submerged.

Tuesday, September 12th, 2017

The strong labor market continues to support aggregate income growth, consumer sentiment, and consumer spending.

Monday, September 11th, 2017

Some might expect that the current Russian regime would do everything it could to ban cryptocurrencies and hope they go away, but Russia’s response appears to be more complex and perhaps self-contradictory.

Monday, September 11th, 2017

These lofty heights reflect easy money and a bubble just waiting to pop.

Friday, September 8th, 2017

The dream of a workers paradise in Venezuela, based on the 21st-century socialism of Hugo Chávez, has long since come and gone.

Friday, September 8th, 2017

The sharing economy, at least in its most currently successful applications, has nothing to do with sharing at all.

Thursday, September 7th, 2017

Continuing AIER’s innovative approach to bridging the gap between students’ academic training and skills demanded in the workplace, we started a remote applied-economic-research course with Missouri University of Science and Technology last week.

Wednesday, September 6th, 2017

August results point to continued expansion for the nonmanufacturing sector with ongoing gains in activity, orders, and hiring.

Tuesday, September 5th, 2017

New orders for future production fell 3.3 percent, led by a steep drop in aircraft orders.

Tuesday, September 5th, 2017

Innovative business models allow resource allocation to respond to the spontaneity of the human mind, which craves freedom and personal and economic well-being.

Monday, September 4th, 2017

If free trade translates to regulations for gender, indigenous groups, and climate change, you might be in Canada.

Friday, September 1st, 2017

The early read on economic data for August indicates the economy is maintaining positive momentum. The employment report for August from the Bureau of Labor Statistics shows payrolls rose by 156,000. That is a solid gain, though it is below the average monthly gain of 175,000 over the past year.

Thursday, August 31st, 2017

As AIER’s Teach-the-Teachers program continues to impact teachers and students around the country, it is satisfying to realize that our approach follows the highest echelons of economic education.

Wednesday, August 30th, 2017

Revised estimates from the Bureau of Economic Analysis show the U.S. economy grew at a 3.0 percent annual rate in the second quarter, better than the initial estimate of 2.6 percent.

Tuesday, August 29th, 2017

The Consumer Confidence Index from The Conference Board rose for the second month in a row, increasing by 2.9 points to 122.9. The index is constructed so that 1985 equals 100. The index is now at the second-highest level since 2000, behind the 124.9 reading from March 2017.

Monday, August 28th, 2017

When governments try to ban the free exchange of goods and services, markets tend to make them look silly.

Friday, August 25th, 2017

Orders for nondefense aircraft plunged 70.7 percent in July after surging 129.3 percent in June. Aircraft orders tend to be extremely volatile. Despite efforts to adjust for seasonal patterns, the annual air show in Paris can result in huge swings in orders in some years.

Wednesday, August 23rd, 2017

New-home sales fell 9.4 percent in July to a 571,000 seasonally adjusted annual rate from 630,000 in June. The four major regions of the country had widely differing performances in July, with two regions posting sharp, double-digit declines, one posting a small decline, and one posting a gain.