PROTECTING SMALL BUSINESS, PROMOTING ENTREPRENEURSHIP

Keating’s CyberColumn

April 15th, 2019 by

by Raymond J. Keating- Many small business owners will tell you that regulatory burdens can be just as costly to their enterprises as taxes are. Indeed, some will say that the costs of regulations can be even weightier than the tax burden. And that’s the case not only for federal regulations, but also for state […]

April 12th, 2019 by

…it is bigger than what’s being formally reported. by Raymond J. Keating- The U.S. Bureau of Economic Analysis released a report early this month estimating the size of the “digital economy.” According to this analysis, the digital economy accounted for 6.9 percent of GDP, or $1.35 trillion, in 2017. As noted in the following chart, […]

March 31st, 2019 by

by Raymond J. Keating- Due to the government shutdown, the latest news on personal income released by the U.S. Bureau of Economic Analysis combined January and February data, but also was incomplete. Here are the few key points from the report: ● Personal income actually declined in January by 0.1 percent. That was the first […]

March 23rd, 2019 by

by Raymond J. Keating- Each year, one of my favorite moments is the publication of the Economic Report of the President. Yeah, I know, it’s largely an economist or policy nerd thing – or perhaps a superhero thing. The 2019 edition of the Economic Report of the President was just recently published, and it serves […]

March 21st, 2019 by

by Raymond J. Keating- The Federal Reserve issued its latest statement on monetary policy on March 20, along with its economic projections. In its statement, the Fed summed up it take on the economy this way: “Information received since the Federal Open Market Committee met in January indicates that the labor market remains strong but […]

March 14th, 2019 by

by Raymond J. Keating- Economic growth is good for keeping inflation in check, and low inflation is good for economic growth. If you’re looking for a virtuous cycle in the economy, this would be it. For the U.S., the recent and long-run stories on inflation have been positive. According to the U.S. Bureau of Labor […]

March 14th, 2019 by

by Raymond J. Keating- The Census Bureau’s durable goods report for January was positive, beating market expectations. While economists and other watchers expected a decline in durable goods orders for January, orders actually increased by 0.4 percent, which was the third consecutive monthly increase. Drilling down, transportation orders, which can be very volatile from month […]

March 7th, 2019 by

by Raymond J. Keating- The latest take on economic activity via the Fed’s Beige Book pointed to continued, but slowing growth in late January and February. As noted in this latest survey of contacts outside the Federal Reserve system, “Economic activity continued to expand in late January and February, with ten Districts reporting slight-to-moderate growth, […]

February 14th, 2019 by

  by Raymond J. Keating –  The capital gains tax actually is higher than the stated rate of 20%. Not only does the 3.8% ObamaCare tax have to be added in – bringing the rate of 23.8% — but then there’s the inflation factor. The U.S. does not adjust capital gains for inflation. As a […]

February 1st, 2019 by

by Raymond J. Keating- SBE Council’s “Small Business Policy Index 2018” ranks the 50 states according to 55 different policy measures, including a wide array of tax, regulatory and government spending and performance measurements. Among the regulatory measures is the minimum wage mandate, specifically, which states impose a minimum wage mandate higher than the federal […]

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