May 06, 2019 | Economic and Financial Digest

Profits Recession?

The U.S. economy is tracking a path very close to expectations – growing more slowly than last year but not decelerating to the edge of a recession. Yes, recession odds have risen in recent months, thanks mainly to a global backdrop that is turning weaker than expected. The International Monetary Fund just lowered its global […]

April 16, 2019 | eFocus @ Legacy

Social Media Safety

By: Olivia Will, Marketing Coordinator Social media is a great tool for individuals and businesses, offering ways to connect with family, friends and customers. However, social media platforms also have some drawbacks. Almost two-thirds of social media-using adults in the U.S. report their accounts have been hacked. These attacks put users at risk of having […]

April 16, 2019 | Economic and Financial Digest

Back to the Future: 2% Growth

As advertised, the brutal headwinds that buffeted the U.S. economy late last year are having knock-on effects in the early months of 2019. The economy’s performance in the closing quarter of 2018 did not look bad at all as GDP advanced by a respectable 2.6 percent annual rate, according to the government’s preliminary estimate That […]

March 12, 2019 | Economic and Financial Digest

Reduced Policy Risks Defuses Recession Threats

The economy skirted another landmine on February 15 when Congress passed, and President Trump signed, a package of spending bills that funds the government for the rest of the fiscal year which ends September 30. With the growth-impediment of another government shutdown out of the way, the economic expansion should remain on course to become […]

February 19, 2019 | Economic and Financial Digest

It’s Not Just Jobs

Thanks to the government shutdown it will be a while before the data calendar returns to normal. In the meantime, economists, policymakers and investors are flying partially blind. Yet through anecdotal reports, private surveys and hard data available from government agencies that remain open, including the Labor Department and the Federal Reserve, a sense of […]