PROTECTING SMALL BUSINESS, PROMOTING ENTREPRENEURSHIP

Fact of the Week

August 26th, 2019 by

by Raymond J. Keating –  The durable goods report for July from the U.S. Census Bureau pointed to overall growth. However, there’s some sluggishness in a key measure of business investment. The topline number estimated that durable goods new orders in July grew by 2.1 in July, which was up from 1.8 percent in June […]

August 16th, 2019 by

by Raymond J. Keating- The latest employment data on the states point to the nation being split on employment gains, but also with a distinct advantage existing for states with positive policy climates for entrepreneurship and investment. In its state employment and unemployment report for July 2019, the U.S. Bureau of Labor Statistics noted that […]

August 16th, 2019 by

by Raymond J. Keating- Assorted key economic data were released on August 15. And while labor productivity and retail sales were positive, industrial production (i.e., the real output of the manufacturing, mining, and electric and gas utilities) declined in July. According to the latest report on industrial production from the Federal Reserve, industrial production declined […]

August 9th, 2019 by

by Raymond J. Keating- According to the latest consumer credit report from the Federal Reserve, revolving credit (mainly credit cards) declined in June at a seasonally-adjusted, annual rate of 0.1 percent. Overall consumer credit grew by 4.3 percent, with a 5.8 percent increase in nonrevolving credit (which includes “motor vehicle loans and all other loans […]

August 2nd, 2019 by

by Raymond J. Keating- If you look at the media headlines, or even what’s emphasized by assorted economists, the July jobs report from the U.S. Bureau of Labor Statistics would be a middling affair. That is, the establishment survey pointed to a payrolls gain of 164,000. For good measure, the unemployment rate remained unchanged at […]

July 25th, 2019 by

  by Raymond J. Keating- After declines in the two previous months and in three of the last four months, durable goods orders moved up in June, according to the latest report from the U.S. Census Bureau. Durable goods orders increased by 2 percent in June, which came after drop-offs of 2.3 percent in many […]

July 16th, 2019 by

by Raymond J. Keating- After a weak stretch from August 2018 to February 2019, retail sales in June 2019 continued a recent streak of growth. As reported by the U.S. Census Bureau, U.S. retail and food services sales grew by 0.4 in June. That followed growth of 0.4 percent in both April and May, and […]

July 3rd, 2019 by

  by Raymond J. Keating- Policy matters. If it didn’t, why would anyone care what went on in Washington D.C.? Of course, we’d all be much better off if policy didn’t matter much, but given the size and scope of government, that’s not the case. One of the most glaring examples of how policy matters […]

June 29th, 2019 by

by Raymond J. Keating- Personal income growth, according to the latest report from the U.S. Bureau of Economic Analysis, has stepped up over the past two months. Personal income grew by 0.5 percent in both April and May. That’s welcome after a stretch of underwhelming growth during the first three months of 2019. But as […]

June 25th, 2019 by

by Raymond J. Keating- According to the latest report from U.S. Bureau of Economic Analysis, state personal income growth slowed in the first quarter of this year – from 4.4 percent (annualized) in the third quarter 2018, to 4.1 percent in the fourth quarter, and to 3.4 percent in first quarter 2019. The slowdown is […]

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