PROTECTING SMALL BUSINESS, PROMOTING ENTREPRENEURSHIP

Keating’s CyberColumn

July 12th, 2019 by

by Raymond J. Keating- Federal Reserve Chairman Jerome Powell testified before Congress this week. The media and market attention was outsized relative to the Fed’s impact on the economy these days. First, the good news is that the latest Consumer Price Index data reported on July 11 showed low inflation in June (+0.1 percent), and […]

June 30th, 2019 by

by Raymond J. Keating- Summer is in full swing, and Independence Day – July Fourth – is fast approaching. For many, this means the chance to host parties and/or get-togethers with friends. And yes, there might be adult beverages involved. Unfortunately, since government extends its reach pretty much everywhere, the tab for that July 4th […]

June 27th, 2019 by

by Raymond J. Keating- According to the latest report from the U.S. Census Bureau, durable goods orders declined once again in May. Durable goods orders declined by 1.3 percent in May, which came after a decline of 2.8 percent (revised down from a drop of 2.1 percent) in April. Orders have now declined in three […]

June 19th, 2019 by

by Raymond J. Keating- The latest report on housing construction from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development showed residential housing down … and up. How can that be? Well, housing starts in May were down by 0.9 percent compared to April. However, building permits – which serves as […]

May 31st, 2019 by

by Raymond J. Keating- The latest report on personal income from the U.S. Bureau of Economic Analysis pointed to 0.5 percent growth in personal income in April. Normally, that would be viewed as pretty healthy. However, there’s more to the story when digging below the headline. First, inflation, as measured by the personal consumption expenditure […]

May 15th, 2019 by

by Raymond J. Keating- Figuring out what’s going on with the economy often is like piecing together a puzzle. When each piece is put in place, one hopefully gains an improved look at the overall picture. At the same time, though, the picture itself can be unclear. For good measure, since we are talking about […]

May 10th, 2019 by

by Raymond J. Keating- At the Small Business & Entrepreneurship Council (SBE Council), we just published “Small Business Policy Index 2019: Ranking the States on Policy Measures and Costs Impacting Small Business and Entrepreneurship.” This is the 23rd annual edition of the report (view an interactive map with rankings and summaries). It’s fitting that the study […]

May 4th, 2019 by

by Raymond J. Keating- Given the way that jobs numbers are reported by the media and talked about by politicians early each month, it would be easy to think that the Bureau of Labor Statistics “Employment Situation” report is one unified report. But that is not the case. In reality, what the BLS offers each […]

May 3rd, 2019 by

by Raymond J. Keating- According to the latest report from the U.S. Bureau of Labor Statistics, annualized nonfarm labor productivity jumped by 3.6 percent in the first quarter of 2019. That was the best rate of growth since the third quarter of 2014. In fact, the first quarter 2019 report was solid across the board, […]

May 1st, 2019 by

by Raymond J. Keating- I appreciate entrepreneurship practically in all forms and from all sources. As an economist who studies entrepreneurship and the economy, though, I want to know the details of entrepreneurship. And that includes the relationship between age and entrepreneurship. The bias today tends to lean toward entrepreneurship, especially the most successful startups, […]

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