Monthly Archives: August 2016

The Consumers’ Income Statement

Janet Yellen’s words painted an improving picture for the overall economy. She expressed sufficient improvement in the labor market and gradual increases in economic output. Specifically, the area she cited enthusiastically was the “solid growth in household spending.” For those … Continue reading

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GDP Grows at 1.1% in Q2-2016

United States Q2-2016 GDP growth figures came in at 1.1% (below 1.2% earlier est.). For Americans standard of living to increase and stay above the cost of food, shelter and heath care costs, the growth rate needs to step up … Continue reading

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Tennessee & Arkansas led the nation in percentage employment growth

Arkansas & Tennessee led the nation in percentage employment growth the past 12 months, illustrated below, as the percentage decrease of unemployed workers in each state. The state of Wyoming fared worst in putting its residents back to work.

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IS THERE ANY INFLATION?

Is there any inflation? This morning’s consumer price report came in completely flat for the month of July, meaning the CPI index, a measure of consumer prices neither rose or fell. For the past 12 months inflation has trailed below … Continue reading

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“Because that’s where the money is.”

If you are looking for a better career or higher wages, go to where the jobs are. In this case, the top ten metropolitan cities with highest employment growth are in Florida, Texas and California. Oh, and two of those … Continue reading

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