Although inflation is the media focus, still, looking at other criteria, we see a potentially optimistic economic outlook.
What Counting Cranes Can Tell You
To our list of less traditional economic indicators like the men’s underwear index, we can add the cranes that help to build our skyscrapers and stadiums.
Weekly Roundup: From Marijuana to the Metric System
Our everyday economics include globalization, opportunity cost, inflation, employment, monetary policy, negative externalities, recession, business cycle.
A Short Version of the Housing Crisis Story
Problems in the housing market frequently signal a contraction in the business cycle as they did through the subprime mortgage crisis.
Where Have All the Milkmen Gone?
Structural change in the economy involves new technology replacing old and eliminating jobs like milkmen, icemen, gas lamplighters and typists.
The Reason That Recession Dates Matter
Asked to define a recession, you can give the mechanical answer. It is 2 or more adjacent quarters of a real GDP decline. So, if Q1 GDP grows by 3%, Q2 by 2% and then Q3 by 1%, is that…