Economy and Trends

Trump’s Booming Economy: Retail Sales up, Unemployment Rates Down

In the month of May, the retail sales spiked to $502 billion, a .8 percent increase from the month before, according to the Commerce Department. May’s retail sales beat expectations. Economists polled by Reuters predicted that retail sales would increase by .4 percent in May. The Commerce Department also said that April’s retail sales were revised from the .2 percent ...

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FED Under Pressure to Balance the Economy

There have been only two times in the last 50 years that unemployment has gone below its current level at 3.8 percent. In the late 1960’s and for a month in 2000. The latter was a blip due largely to the dot com bubble bust. The 1960’s led to over a decade of soaring inflation, culminating with the stagflation of ...

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The Fed is in a No-Win Situation

When the Fed raised rates on Wednesday and changed its outlook to include two more rate hikes for 2018, the decision was met with some concern. The market sold off after the decision and statement as investors feared the rate hikes could be too much and the possibility that the action would cause the yield curve to invert. While those ...

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Inflation At Six-Year High and Could Keep Going

One of the reasons the Fed has been raising interest rates is to keep inflation in check. Earlier this week the Consumer Price Index showed that prices at the consumer level increased by 0.2% in May. The report also showed prices were up 2.8% over May 2017 and that is the highest year over year rate since February 2012. This ...

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Economics and Americans Migrating Less

According to the latest information published by the U.S. Census Bureau the percentage of people that move every year equates to 14 percent of the population, or roughly 40 million people. There are various reasons why people move each year; jobs, family, retirement, etc. Migration patterns can be of interest as it relates to business and economics. Everything from real ...

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HORIST: It is clearly a Trump economic boom

The new economic numbers are out, and they are spectacular. The growth in the economy is accelerating. Last month, more than 223,000 new jobs – almost 50,000 more than economists had projected. The inflation rate has held steady at around 2 percent. The unemployment rate is down to 3.8 percent – a level not seen in decades. And, a lot ...

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International MBA Enrollment Declining – Here’s Why!

Unites States universities have long attracted international talent to their graduate programs in business administration. Bright students from around the globe were willing to pay the premium tuition prices for education and perhaps a share of the American dream.  This is changing. The application rate to MBA programs in the U.S. is on the decline. There are several factors that ...

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If Unemployment is so Low, Why are so many Struggling?

The polarization between those who have wealth and those who don’t continues to widen across America. The dichotomy exists between a lower level of unemployment and those that are not sustaining themselves financially. A recent Federal Reserve survey of some 12,000 households found discouraging news. One out of every four families reached don’t believe that they are “doing okay” financially. ...

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High-End Retailers Faring Better Than Low-End Retailers

The latest round of earnings reports from the retail sector may be telling us more than we think. Over the last week we have gotten reports from numerous retailers and the results have been very mixed, but there is somewhat of a pattern. Macy’s (NYSE: M) reported last Wednesday and the high-end department store blew out earnings expectations and the ...

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Checking Account Balances As An Indicator Of Consumer Confidence

U.S. consumers are keeping more money in their checking accounts than at any time in the last 27 years, and one firm says that could be a bad sign for the economy. It also contradicts the current Consumer Confidence report from the Conference Board. Independent research firm Moebs Services has been analyzing checking account balances for over 25 years. According ...

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