PROTECTING SMALL BUSINESS, PROMOTING ENTREPRENEURSHIP

Keating’s CyberColumn

October 16th, 2018 by

by Raymond J. Keating- Strength in the U.S. industrial sector continued in September, according to the latest report on industrial production from the Federal Reserve. Total industrial production – i.e., the output of the nation’s industrial sectors, i.e., manufacturing, mining and utilities – grew by 0.3 percent in September. And keep in mind that the […]

October 16th, 2018 by

Small Business Insider: The Economy by Raymond J. Keating- On October 11, the Bureau of Labor Statistics reported that real average hourly earnings on private nonfarm payrolls grew solidly by 0.3 percent in September versus August. In addition, real average hourly earnings have increased in six of the last seven months. That’s welcome growth. Of […]

October 12th, 2018 by

  by Raymond J. Keating- Small Business Policy Index 2018: 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. Small Business Tax Index 2017: SBE Council’s “Small Business Tax Index 2017” ranks the states […]

October 4th, 2018 by

Measures from the Institute for Supply Management Show Continued Economic Growth by Raymond J. Keating- Good economic news came from the Institute for Supply Management’s reports this week. First, the ISM manufacturing Index came in at 59.8 percent for September. Now, that was down from 61.3 percent in August. However, it needs to be pointed […]

September 28th, 2018 by

  by Raymond J. Keating- The Federal Reserve served up its latest statement on monetary policy and the economy on September 26. The main gist: the current economy is strong, and the Fed is further inching up short-term interest rates, i.e., the federal funds rate. Specifically, the Fed moved the feds funds rate up by […]

September 28th, 2018 by

  by Raymond J. Keating– In its third estimate of second quarter real GDP, the U.S. Bureau of Economic Analysis (BEA) served up no significant changes from its previous estimate. Real GDP growth during the second quarter registered 4.2 percent. That rate of growth was the fastest since the third quarter of 2014. It’s worth […]

September 13th, 2018 by

by Raymond J. Keating- In the latest edition of its Beige Book, released on September 12, the Federal Reserve served up some generally good news on the state of the U.S. economy, with trade tensions creating uncertainty and concern. The Beige Book takes a look at economic conditions in the nation’s 12 Federal Reserve districts […]

August 3rd, 2018 by

by Raymond J. Keating- The Tax Cuts and Jobs Act (TCJA) that was passed and signed into law in December 2017 served as a good start in moving our burdensome tax system in a pro-growth, pro-entrepreneur, pro-investment direction. The House Ways and Means Committee is working to keep the ball rolling forward with its Tax Reform […]

August 1st, 2018 by

Small Business Insider by Raymond J. Keating- It’s actually hard to imagine a more positive declaration on the economy than the monetary policy statement released by the Federal Open Market Committee on August 1. The opening paragraph speaks of strong growth, solid job gains, and strong growth in business and consumer spending, along with tame […]

July 27th, 2018 by

Small Business Insider: The Economy by Raymond J. Keating- Second quarter real GDP growth, according to the U.S. Bureau of Economic Analysis, grew at a strong 4.1 percent annualized rate. That was the fastest growth rate since the third quarter of 2014. It also was a sharp step up from sluggish growth over the previous […]

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