Doug Short's picture

The latest issue of the NFIB Small Business Economic Trends is out today. The update for April came in at 96.9, a 1.7 point increase from the previous month. The index is now at the 33rd percentile in this series.

Sheraz Mian's picture

US stocks appear on track to follow the lead from overnight market action in Europe and Asia, where stocks sold off in response to the rising government bond yields in the US and Germany. An unusual phenomenon is showing...

Matthew Kerkhoff's picture

We’ve recently received a few questions from subscribers regarding the velocity of money. I thought I would take a moment to describe this measure and its implications for the economy as well as price stability. The velocity of money is...

Urban Carmel's picture

A year ago, we started a recurring monthly review of all the main economic data. For most of that time, the consensus view has been that growth in wages and employment would soon accelerate and that this would lead to...

Michael Shedlock's picture

The likely coalition now is Tories plus Liberal Democrats and UKIP if needed. If Tories or Liberal Democrats do as much as one vote worse than exit polls show (assuming the gain is for Labour), the coalition will need UKIP.

Sheraz Mian's picture

The jobs report shows that the labor market has started healing after the weak showing in the first quarter, likely giving some clarity and visibility to market expectations about Fed policy. This is a very positive report for...

Jared Dillian's picture

Elon Musk just unveiled something called the “Tesla Powerwall,” a means to store solar-created electricity in people’s homes… with the potential to put the entire utility industry out of business. As you probably know, Musk also...

Doug Short's picture

Yesterday the Bureau of Labor Statistics released the preliminary data for Q1 Productivity and Costs. We learned that the headline metric, nonfarm business sector labor productivity, decreased at a 1.9 percent annual rate during...

Steve Hanke's picture

The Tax Foundation released its inaugural “International Tax Competitiveness Index” (ITCI) on September 15th, 2014. The United States was ranked an abysmal 32nd out of the 34 OECD member countries for the year 2014.

Sheraz Mian's picture

This morning’s soft private-sector jobs report from ADP (ADP) adds to other recent economic readings that show that the Q1 slowdown has continued into the current period as well. We will know more after Friday’s...

Quantcast