Can a silver lining be found within the sputtering U.S. economy? After showing tepid positive momentum, growing at an annual rate of 2.5% in the second half of 2011 and 1.9% in the first quarter, the U.S. economy has waned. Now added to the uncertainty of the European debt crisis and anemic U.S. job growth [...]
The Federal Reserve Board announced last week that it will engage in a policy widely referred to as “Quantitative Easing” or over the next six months. Since this will be the second time this policy is being used to combat the weak economy, it is being widely referred to as QE2. QE2 is a policy [...]
The headline did not look too positive: “US Durable Goods Orders Fall 1.3% in August”. Yet the data was much more positive than that initial headline indicated. In fact, the reason for the decline was entirely due to a drop in orders for aircraft, which had surged the previous month. To really understand this report, [...]
One of the problems with economic analysis these days is the tendency to focus on every new statistic that is released as the most important piece of information about the state of the economy. Very often the data is incomplete, or the month being reported on has been distorted by any of a number of [...]