News
CNN Money | Housing rebound continues with strong sales and price gains
The housing rebound continued in January: The pace of home sales stayed strong and prices gained the most since the boom days.
Market Watch | Euro-zone economy to shrink again in 2013: EU
The euro-zone economy will shrink for the second year in a row as a return to growth appears likely to be more gradual than previously expected, the European Commission said Friday in its most recent round of economic forecasts.
WSJ | Home Supply Falls Before Key Selling Season
The number of homes for sale fell to a 13-year low in January, leaving would-be buyers chasing a shrinking supply of homes just before the spring selling season.
Econ Comments & Analysis
CNBC | Strike Three! The American Consumer Is Out
Faced with delayed tax refunds, an increased paycheck tax bite and higher gas prices, U.S. consumers are proceeding cautiously and scaling back, a trend that has already impacted one large retailer's bottom line.
CRS | NAFTA at 20: Overview and Trade Effects
The 113th Congress faces numerous issues related to international trade. Canada and Mexico are the first and third largest U.S. trading partners, respectively. With the two countries participating in the negotiations to conclude a Trans-Pacific Partnership (TPP) free trade agreement among the United States and ten other countries, policy issues related to NAFTA continue to be of interest for Congress.
CATO | License to Drill: The Case for Modernizing America’s Crude Oil and Natural Gas Export Licensing Systems
Revolutionary extraction technologies have helped increase the supply of fossil fuels in the United States, driving down prices, spurring economic activity, and potentially reversing the longtime status of the United States as a net energy importer to a significant exporter.
Blogs
Economist | The ever-receding recovery
A week after official figures showed a steep fall in euro-zone output in late 2012 the European Commission (EC) has added to the gloom by unveiling some gloomy forecasts for 2013. Three months ago the EC envisaged a modest recovery getting under way in the first half of this year. Now that is not expected until the second half of 2013.
