Although the Federal Open Market Committee (hereafter FOMC) March’s meeting on monetary policy focused on what apparently was a disagreement over the timing for modifying the Federal Bonds interest rates, the minutes […]
The puzzling aspect of recent data on inflation has been the deflation trajectory forged by oil prices. The index on energy by itself has fallen 28.7 percent over the year. Just in […]
Data on both unemployment and prices have monetary policy analysts wondering whether or not the US supply side of the economy is heading towards overheating. Thus far, indicators on industrial production and […]
Second Estimates for real GDP growth in the United States indicate that the economy grew at 3.7 percent during the second quarter of 2015 after correcting by price change. The report from […]
Follow up on US Construction Industry Data. At the beginning of the summer of 2015, both labor statistics on employment levels and US Gross Domestic Product showed a slowdown on job creation […]
After a year of declining crude oil prices which forged price spillovers all over the US economy, it is time for economists to look at price changes without accounting for the petrol […]
Economists like to think that wages are set depending upon two basic factors plus a “catchall” variable. The two basic factors are expected price level and unemployment rate. The “catchall” variable stands […]
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 […]
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