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CBO [Congressional Budget Office] requests appropriations of $45.7 million for fiscal year 2014. That amount represents an increase of $1.6 million, or 3.7 percent, from the $44.1 million (on an...

The Canadian dollar fell to its lowest levels in eight months against its southern rival, the U.S. dollar, Friday amid a spate of glum economic data points and weak commodities prices. In U.S....

Recent releases from the International Energy Agency tell of moderating growth rate of the global demand for oil – which was based on lower economic growth projections. And promises of...

Most readers know I have issues with the US Census headline data. The data does not add up against itself. When I was a negotiator, one of the tools used is to run your opponent in a loop – and...

Russell Investments has issued a white paper, the 2013 Global Market Outlook, which foresees moderate growth in the U.S. and China along with episodes of European-generated volatility. A report for...

The nascent recovery of new and existing home sales may be losing some steam. New home December 2012 sales were the worst year-over-year gain in 2012.Pending Home December 2012 index was the worst...

Of course taxation correlates to economic growth. One could generalize and say the higher the tax rate, the slower the growth. Yet this belief is too simplistic to be a litmus test for economic...

What are the commonly listed headwinds to economic growth in the USA?baby boomers not spending but saving for retirement;European recession;Divided government with no direction.The divided government...

This month’s container data is tainted as the busiest ports in the USA (Port of Long Beach and the Port of Los Angeles) were on strike between 27 November and 04 December. Although the ports...

This past week Industrial Production (analysis here) finally exceeded the July peaks, and now all of the economic broad measures are at 2012 highs. On 07 December 2012, Economic Cycle Research...

Ask 10 people what is the definition of unemployment, and you will get 10 different answers. The tragedy is that it is likely no person’s definition will match the definition used in the...

A recent Chart of the Day entitled “The 5% Of American Households That The Fiscal Cliff Debate Is Really About” got me thinking – is the problem “really” that the rich...

Co-written with Steven HansenEconomic predictions are not to be taken that seriously as they are an extrapolation of today’s knowledge – and introduce significant opinion to reach a...

Over the long Christmas Holiday weekend, The New York Times published For Poor, Leap to College Often Ends in a Hard Fall. The post is an anecdotal essay correlating being poor and the inability of...

The non-seasonally adjusted Case-Shiller home price index (20 cities) for October 2012 (released today) showed the fifth year-over-year gain in housing prices since the end of the housing stimulus in...

Pundits seem to comment on elements outside their comfort zone (areas of real expertise). Everyone is guilty from time-to-time. I know my comfort zones, and one is in labor and labor dynamics which...