Nov 12 What ending DACA could cost the U.S. economy By Courtney Vinopal DACA has allowed hundreds of thousands of young immigrants to study and work freely in the U.S., allowing them to contribute more to the national GDP and in federal taxes. Continue reading
Sep 18 Watch 7:31 What Fed’s 2nd interest rate cut in 3 months says about the U.S. economy The Federal Reserve has cut interest rates for the second time in three months in a bid to keep the U.S. economy growing. What indicators are driving the recent rate reductions, and what is the larger influence of economists on… Continue watching
Sep 10 Is the rise in U.S. corporate debt cause for concern? By Daniel Bergstresser, Econofact SEC chairman Jay Clayton said the U.S. corporate debt of almost $10 trillion, which equates to half of the nation's annual GDP, "should attract our attention."… Continue reading
Aug 29 Watch 10:23 Can an infusion of public R&D investment revitalize a lagging economy? By Paul Solman The U.S. government spends about 0.7 percent of GDP on scientific research and development, down from 2 percent in the 1960s. Less investment means fewer chances for breakthroughs like the weapon-seeking robots that saved thousands of soldiers in Iraq and… Continue watching
Aug 29 2nd quarter GDP growth revised down slightly to 2 percent By Martin Crutsinger, Associated Press The new estimate was lower than the government's initial estimate a month ago of 2.1% annual growth. Continue reading
Jan 23 Government shutdown poses increasing risk to the broader economy By Christopher Rugaber, Associated Press The shutdown's biggest effect on the economy is likely to be the cutback in federal spending. But consumer spending is another important factor. Continue reading
Nov 16 Manufacturers say their worker shortage is getting worse. Here’s why By Gretchen Frazee The National Association of Manufacturers warns 2.4 million manufacturing jobs could go unfilled by 2028, but some economists say the situation is not as dire as it seems. Continue reading
Jul 27 U.S. economy surges to 4.1 percent growth rate in second quarter, but it may slow going forward By Martin Crutsinger, Associated Press The U.S. economy surged in the April-June quarter to an annual growth rate of 4.1 percent. That's the fastest pace since 2014, driven by consumers who spent their tax cuts and exporters who rushed to get their products delivered ahead… Continue reading
Sep 30 Income is surpassing growth in 49 states. What does that mean for the economy? By Tim Henderson, Stateline The sharp gain in median household income last year may also signal a turning point in the decades-old disconnect between middle-class earnings and overall economic growth. Continue reading
Sep 02 Column: GDP is a useful measurement, but it doesn’t show the whole picture By Vikram Mansharamani The size of the pie says nothing about how income is distributed. Continue reading