Economy

Latest Jobs Report Shows Economy at Cruising Altitude and Speed

It has taken two years to return the economy to full throttle, and its beneficiaries are now settling in for the rest of...

Bob Adelmann April 5, 2019

Retail Chains Closing More Stores as Sales Shift to E-commerce

Warren Mass April 2, 2019

Retail businesses lead all sectors in job cuts; 41,201 employees have lost jobs through February — 92 percent higher than the 21,484 job...

Negative Impact of USMCA on U.S. Cattle Industry Predicted

Steve Byas March 28, 2019

When it comes to the beef industry — and the pork industry — USMCA is just NAFTA re-branded, and NAFTA was disastrous to the U.S....

Repatriation of Overseas Profits Surged in 2018, Bodes Well for Strong 2019

Bob Adelmann March 28, 2019

Once again, economic forecasters are embarrassed. The economy is not enjoying a temporary “sugar high” from Trump’s tax reform, but is just beginning...

Jumps in Durable-goods Orders & Business Investment Confound Forecasters Again

Bob Adelmann March 14, 2019

Two measures of the U.S. economy were reported on Wednesday, both of which exceeded forecasters’ expectations. ...

United States Soon to Pass Saudi Arabia in Oil Exports

Warren Mass March 11, 2019

Thanks to fracking and an increase in pipeline capacity, United States will surpass Saudi Arabia later this year in exports of oil and...

U.S. Economy Adds New Jobs for 101 Straight Months

Bob Adelmann March 8, 2019

A single new job in the economy has a multiplier or ripple effect. Multiplied by hundreds, thousands, and millions, it's no wonder the...

Commerce Department: Economy Grew 2.9 Percent Last Year, Likely to Accelerate in 2019

Bob Adelmann February 28, 2019

According to the Commerce Department, the U.S. economy grew by 2.9 percent last year. According to some experts, the true economic growth is...

Consumer Confidence Up, Food Stamp Use Down in Trump Economy

Bob Adelmann February 15, 2019

Consumer sentiment exceeds expectations, and food stamp use is down in the Trump economy. ...

What Recession? Jobs, Manufacturing, Consumer Sentiment All Up in January

Bob Adelmann February 1, 2019

Three reports released on Friday were good news for everyone involved in the U.S. economy, except for forecasters who once again underestimated its...