Archive: Economic and Financial Digest

February 28, 2018 | Economic and Financial Digest

February 2018 Economic and Financial Digest

On January 21, the nation entered year two of the Trump administration. If year one is any indication, the rest of 2018 should be anything but boring. The president has a knack for stirring up headlines either intentionally or unintentionally, primarily through tweets and public comments. That said, the tumultuous political environment last year did […]

January 31, 2018 | Economic and Financial Digest

The Tortoise and the Hare

As the curtain descends on an eventful 2017, the spotlight shifts to a new year. The first act looks promising, as the economy is entering 2018 with considerable momentum. Consumers reopened their wallets and purses during the winter months after taking a breather in the third quarter. Households struck a festive chord in November and […]

December 31, 2017 | Economic and Financial Digest

The 2 Percent Solution

For the first time since 2014, the U.S. economy grew by 3.0 percent or better for two consecutive quarters. According to the Government’s first estimate released in October, GDP increased by a 3.0 percent annual rate in the third quarter, following a 3.1 percent advance in the second. Either the devastating hurricanes in August and […]

November 30, 2017 | Economic and Financial Digest

Aging Expansion Still Has Life

Things are looking up for the U.S. and the global economy. Indeed, both emerging and advanced economies are posting the strongest growth rates since the end of the financial crisis in 2009. Just as important is that heightened activity is being synchronized across the board. During the earlier years of the global recovery, some problem […]

October 31, 2017 | Economic and Financial Digest

The Inflation/Employment Puzzle

Mother Nature upended the economic landscape during the late summer months as Hurricanes Harvey and Irma wreaked havoc along the Gulf Coast. The humanitarian toll was the most troubling consequence of the storms; millions of Americans endured severe property damage, if not outright destruction, while countless others either perished or suffered bodily harm. While the […]