Tag Archives: GDP growth

Our Housing Supply Is Catching Up (Revised)!

The Mortgage Corner Nationwide housing starts rose 13.7 percent in October to a seasonally adjusted annual rate of 1.29 million units after a slight upward revision to the September reading, according to newly released data from the U.S. Department of … Continue reading

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Increasing Growth Ahead, But Watch for Bubbles!

Financial FAQs Maybe it’s the natural disasters plaguing U.S. Or the fact businesses haven’t been investing in future growth until now. But the times they are a’changin, as GDP grew 3 percent in Q3 for the second quarter in a … Continue reading

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Who Needs a Tax Cut?

Popular Economics Weekly It turns out very few of us need a tax cut. Marketwatch economist Rex Nutting calculates that those in the 60 percent middle-income brackets—from $32,000 to $140,000 per year—pay just an average 2.5 percent in income taxes. … Continue reading

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Another Decent Employment Report

Financial FAQs The Bureau of Labor Statistics reported that 156,000 additional nonfarm payroll jobs were created in August, which was less than expected, but will be enough to keep markets happy. And the unemployment rate edged up to 4.4 percent … Continue reading

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Cheaper Dollar Will Help Job Growth

Popular Economics Weekly The U.S. Dollar is falling due to a number of factors. And this will boost the export of manufactured goods, as our goods will now be cheaper overseas. It will hurt imports, which become more expensive (even … Continue reading

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Where is Badly Needed Infrastructure Investment?

Financial FAQs The all-Republican congress and Whitehouse are making a serious mistake in letting politics and ideology get in the way of economic growth. Does anyone seriously believe their attempts to repeal Obamacare would work with so many of their … Continue reading

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Will There Be Tax Reform?

Popular Economics Weekly After Republicans’ failure to repeal Obamacare, they will now attempt to pass a budget, and tax reform plan. But the $1 trillion in spending cuts (mainly from Medicare) they hoped with the repeal of Obamacare, which would … Continue reading

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