Employment statistics cannot be interpreted in a vacuum inasmuch as other economic indicators do determine employment growth. There are many nuances that require attention to detail. Indeed, details on June’s 2015 report on labor market are twofold. First, mining related industries –including utilities- started to adjust to low oil prices, as well as low demand … Continue reading Employment statistics cannot be interpreted in a vacuum.
International Demand for goods and Foreign Trade have been a driving force behind United States’ economic growth. The recent legislative efforts, made by the current democratic administration to get permission for a Fast Track in negotiating trade agreements, amount evidence that trade-and-economic-growth is within the agenda of the Nation regardless of the politics of a … Continue reading What economic facts are behind the latest fight in trade legislation?
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 5th 2015 by the twelve districts of the Federal Reserve System show that Consumer Spending and Manufacturing increased in most of the districts. … Continue reading Summary of US Qualitative Economic Data from Holiday Season 2014.
Affordable Care Act: a political impossibility for a responsible government. President Obama on Thursday gave a speech in favor of the Affordable Care Act, and revealed the real challenge of Health Care cost in contemporary America. Without acknowledging it, the President just asserted the problem: choices for Health Care are neither complete nor comparable. Young … Continue reading What does the iphone5 have to do with Obamacare?
In July 2013, U.S. trade balance resulted in a deficit of U$39.1 billion which represents 13% more deficit from June 2013, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis reported today September 4th 2013. United States’ exports for the month of July decreased $1.1 billion compared with June of the same year. “In … Continue reading U.S. exports for the month of July decreased $1.1 billion compared with June of the same year.
The U.S. Bureau of Labor Statistics released today -08/28/2013- its monthly report on unemployment rate at the metropolitan level. Unemployment rate increased two basic points in the Commonwealth of Massachusetts reaching 7.2% - the total civilian labor force in the state for July is 3,551.100. The only metropolitan area that held -and did not go … Continue reading Unemployment rate increased two basic points in the Commonwealth of Massachusetts reaching 7.2% in July 2013.