News
Market Watch | U.S. jobless claims decline 17,000 to 297,000
The number of people who applied for U.S. unemployment benefits fell by 17,000 last week to 297,000, returning initial claims to levels consistent with a steadily improving labor market after a surprising spike in the prior week.
Econ Comments & Analysis
Real Clear Markets | Happy Holidays From the Saudis and Shale Oil
http://www.realclearmarkets.com/articles/2014/12/04/happy_holidays_from_the_saudis_and_shale_oil_101415.html
Blogs
Wall Street Journal | Housing Forecasts for 2015: Resurgent Home Building and Restrained Optimism
With the door closing on 2014, economists are starting to tout their housing forecasts for next year. Count Realtor.com chief economist Jonathan Smoke among the more conservative optimists.
Thursday, December 4, 2014
Health Care
News
Wall Street Journal | More Cost of Health Care Shifts to Consumers
Americans increasingly have to dig into their own pockets to pay for medical care, a shift that is helping to curb the growth in health spending by employers and the government.
Wall Street Journal | More Cost of Health Care Shifts to Consumers
Americans increasingly have to dig into their own pockets to pay for medical care, a shift that is helping to curb the growth in health spending by employers and the government.
Monetary
News
Market Watch | Fed’s Fisher wants to revisit borrowing-cost plans
Federal Reserve Bank of Dallas President Richard Fisher said Wednesday he’d like the U.S. central bank to revisit its recently revised plans for raising borrowing costs in way that could help ease conditions in the bond market.
Market Watch | Fed’s Fisher wants to revisit borrowing-cost plans
Federal Reserve Bank of Dallas President Richard Fisher said Wednesday he’d like the U.S. central bank to revisit its recently revised plans for raising borrowing costs in way that could help ease conditions in the bond market.
Taxes
Econ Comments & Analysis
USA Today | Grover Norquist: Most 'extenders' are good policy
The idea that taxpayers have to "pay for" tax reductions implies a Brezhnev Doctrine for the size of government: Total taxation can never go down, only up. Taxpayers reject that claim on our lives by the state.
USA Today | Grover Norquist: Most 'extenders' are good policy
The idea that taxpayers have to "pay for" tax reductions implies a Brezhnev Doctrine for the size of government: Total taxation can never go down, only up. Taxpayers reject that claim on our lives by the state.
Budget
News
Market Watch | Republican leaders push spending plan over concerns from right
House Republican leaders pushed ahead Wednesday with a plan to avoid a budget showdown next week by funding the government well into 2015, banking on the prospect of help from Democrats to outweigh conservative opposition.
Econ Comments & Analysis
Market Watch | Why the U.S.’s debt is no longer such a big deal
Shhh! Don’t tell anyone, but over the past couple of years, the U.S.’s debt burden, the big issue that swept Tea Party-led Republicans into control of the House of Representatives in 2010, has quietly improved.
Market Watch | Republican leaders push spending plan over concerns from right
House Republican leaders pushed ahead Wednesday with a plan to avoid a budget showdown next week by funding the government well into 2015, banking on the prospect of help from Democrats to outweigh conservative opposition.
Econ Comments & Analysis
Market Watch | Why the U.S.’s debt is no longer such a big deal
Shhh! Don’t tell anyone, but over the past couple of years, the U.S.’s debt burden, the big issue that swept Tea Party-led Republicans into control of the House of Representatives in 2010, has quietly improved.
Wednesday, December 3, 2014
General Economics
News
Market Watch | U.S. productivity gain in third quarter raised to 2.3% from 2%
U.S. companies and workers were more productive in the third quarter than initially reported, but labor costs fell sharply for the second straight time in a sign that wages continue to lag behind. Productivity grew at a revised 2.3% annual pace instead of 2%, newly revised government figures show.
CNN Money | Americans pour $2 billion into Cyber Monday
While brick and mortar retailers have seen declining traffic and spending this holiday season, new numbers show their online counterparts are getting a boost.
Econ Comments & Analysis
Market Watch | Stock-market correction imminent
The stock market, as measured by the Standard & Poor’s 500 Index has been on a virtual tear — gaining over 250 points since the October lows; a mere seven weeks ago.
Mercatus | The Economic Situation, December 2014
The GDP data in my first chart, above, contain some good news (view chart here). The recently received 3.9 percent second estimate for 3Q2014 real GDP growth gave two quarters hand running with the pace exceeding the long term 3.14 percent average.
Blogs
Wall Street Journal | What Black Friday and Cyber Monday Don’t Tell You About the Economy
The idea that holiday sales begin the day after Thanksgiving is no longer the case. The11% drop in early holiday shopping, estimated by the National Retail Federation, does not mean the U.S. economy is in trouble (and that’s a point the group itself makes).
Market Watch | U.S. productivity gain in third quarter raised to 2.3% from 2%
U.S. companies and workers were more productive in the third quarter than initially reported, but labor costs fell sharply for the second straight time in a sign that wages continue to lag behind. Productivity grew at a revised 2.3% annual pace instead of 2%, newly revised government figures show.
CNN Money | Americans pour $2 billion into Cyber Monday
While brick and mortar retailers have seen declining traffic and spending this holiday season, new numbers show their online counterparts are getting a boost.
Econ Comments & Analysis
Market Watch | Stock-market correction imminent
The stock market, as measured by the Standard & Poor’s 500 Index has been on a virtual tear — gaining over 250 points since the October lows; a mere seven weeks ago.
Mercatus | The Economic Situation, December 2014
The GDP data in my first chart, above, contain some good news (view chart here). The recently received 3.9 percent second estimate for 3Q2014 real GDP growth gave two quarters hand running with the pace exceeding the long term 3.14 percent average.
Blogs
Wall Street Journal | What Black Friday and Cyber Monday Don’t Tell You About the Economy
The idea that holiday sales begin the day after Thanksgiving is no longer the case. The11% drop in early holiday shopping, estimated by the National Retail Federation, does not mean the U.S. economy is in trouble (and that’s a point the group itself makes).
Subscribe to:
Posts (Atom)