U.S. Businesses Reported 10.9 Million Job Openings, Far Outnumbering the 8.7 Million People Unemployed… Employers claim they can’t find qualified workers, even though millions remain on the ...
What is the most important driver of economic growth in the United States?
The most common way to measure economic output is Gross Domestic Product or GDP. It’s the value of all goods and services produced in our country over a specific period of time. GDP is a combination ...
Shortest Ever – July 29 2021
Last week, the National Bureau of Economic Research (NBER) finally announced the official dates for the recession that occurred in 2020. Economic activity peaked in February 2020 and bottomed in April ...
To Peak, or not to Peak July 21 2021
The term “peak growth” has become almost as popular as the Apple TV comedy show Ted Lasso. Peak growth is a catchphrase with the potential to mislead. When the term is applied to the U.S. economy, ...
There was a gappers’ block in financial markets last week as equity investors slowed to see what the United States Treasury bond market was up to.
U.S. Treasury bonds rallied last week. Yields on 10-year Treasuries dropped from 1.43 percent at the start of the week to 1.27 percent on Thursday. The rally was quite a surprise, reported Randall W. ...