PROTECTING SMALL BUSINESS, PROMOTING ENTREPRENEURSHIP

Keating’s CyberColumn

December 17th, 2016 by

by Raymond J. Keating- The Federal Reserve provided another sober reminder regarding the state of our economy with the release of November industrial production data on December 14. Industrial production – which measures the real output of the manufacturing, mining, and electric and gas utilities industries – declined in November by 0.4 percent. That’s the […]

December 14th, 2016 by

by Raymond J. Keating- So, on December 14, the Federal Open Market Committee raised the federal funds rate from the 0.25%-0.5% range to the 0.5%-0.75% range. And guess what? The sky didn’t fall. Should small businesses care? Well, yes and no. Consider a few key points. First, it’s important to recognize that the fed funds […]

December 1st, 2016 by

  by Raymond J. Keating- Since officially moving from recession to recovery in mid-2009, the story on the U.S. economy has changed very little. And two new reports indicate that the challenges will not change as a new presidential administration and new Congress take power. The State of GDP Growth On November 29, the U.S. […]

November 21st, 2016 by

by Raymond J. Keating- Americans usually mark the beginning of Thanksgiving – or a national day of thanks – to a three-day gathering between the Pilgrims of the Plymouth Colony and the Wampanoag Indians in 1621. It was Abraham Lincoln in 1863 who proclaimed an official Thanksgiving Day. As people across the nation settle in […]

November 18th, 2016 by

The Cost nightmare can end with smarter policies and reforms by Raymond J. Keating- President Barack Obama signed the Patient Protection and Affordable Care Act into law on March 23, 2010. And according to President-elect Donald Trump’s key campaign promise, ObamaCare will not be around to see its seventh birthday. Make no mistake, the end […]

November 11th, 2016 by

by Raymond J. Keating- The U.S. economy has performed poorly over the past decade – suffering through a long, deep recession and a sluggish, at best, recovery/expansion period – largely due to a hostile federal policy climate. That has included anti-growth tax policies, which, according to President-elect Trump’s agenda, should change markedly during his administration. […]

October 28th, 2016 by

by Raymond J. Keating- The U.S. Bureau of Economic Analysis released its first estimate of third quarter GDP on October 28. It’s effectively the last look at the state of the overall economy before the November 8 presidential election. You know you’re stuck in a bad economy, when third quarter real growth of 2.9 percent […]

October 18th, 2016 by

by Raymond J. Keating- The Federal Reserve recently released its latest take on industrial production. In September, industrial production was effectively flat (growing at a mere 0.1 percent) versus August, and that was after a 0.5 percent decline in August output. As for manufacturing output, it inched ahead at a mere 0.2 percent, and this […]

September 28th, 2016 by

by Raymond J. Keating- Private-sector investment within a free enterprise system is central to economic growth and development. Sluggish investment – for example, as noted in the recent SBE Council Gap analysis on a decade of lost private investment  – has been a key underlying reason why this economic recovery has been so poor. The […]

September 22nd, 2016 by

  by Raymond J. Keating- Does anyone in a position of power in our nation’s capital have a clue as to how policy actually affects the economy? Contrary to economic common sense and what we’ve learned from history, President Obama continues to push more and more regulation, higher taxes, and a generally activist government. This […]

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