The Consumer Price Index increased 0.8 percent from December 2013 through December 2014, the US Bureau of Labor Statistics reported on January 16th 2015. This small increase represents the second-smallest December-December increase […]
Advance Estimates for Retail and Food Services show that Sales for December 2014 increased 3.2 percent compared to December 2013. Statistics were adjusted by season, but not corrected for inflation, which gives […]
Beige Book Qualitative Data on how the American Economy is recovering indicates that economic activity continued to expand through the end of 2014. Qualitative Data –comments and interviews- collected on before January […]
Mixed feelings on estimated wholesales for November 2014. Wholesales of durable goods increased, whereas nondurable goods decreased its level compared to the same statistics one year ago. Estimated November 2014 sales for […]
Apparently, the US economy follows its way into a strong recovery. Employment level closed 2014 with an increase of roughly 241,000 jobs compared to November 2014. New employees went to work mostly […]
Economists have pointed out three contributing factors for the Great Recession. All of them closely related to the financial and banking system: Leverage, complexity, and liquidity (Blanchard, 2013). In this article, we […]
On the Unemployment Rate measure, North Dakota is still on the bottom –in almost every labor market statistics. Unemployment Rate in both Dakotas are between 3.2% and 2.4%. California and Puerto Rico […]
Protected: If Smith and Ricardo were right, what patterns of economic specialization should we observe under free trade?
There is no excerpt because this is a protected post.
With oil prices at year’s lowest, U$55.25 per barrel, everyone wonders about possible spillovers in the United States national economy. Although many people started to enjoy low prices of gas and others […]
2014 showed no excitement in monetary trends, generally speaking. Besides the Federal Reserve’s Quantitative Easing program (QE), the pockets where the American money is remained mostly stable. The interesting changes were in […]