Category Archives: The National Economy

Small, New Businesses Trump Big Business When it Comes to New Jobs Created

by Taylor B. James, Economics Intern It is undeniable that two of the main pillars of our economy are big and small businesses. Fortune 500 CEO’s might argue that big businesses are the driving force of our economy, others that … Continue reading

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Tight inventories, tight lending standards & crummy wages limit the U.S. housing recovery

The housing market is making a come back from a horrible bust, but it’s far from back to “normal.”  Absentee buyers (mostly investors) purchased 27% of the homes sold here in the San Francisco Bay Area in January, a post-2000 … Continue reading

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The Tale of Two Economies, Retold

An economic recovery is in progress.  Gross domestic product — the output of goods and services produced by labor and property located in the United States —  has increased steadily beginning in the 3rd quarter of 2009.  The economy has … Continue reading

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Is the Shorter Wait at Joe’s a Declining Economic Indicator?

Last night, Friday, at around 7:30 p.m., we had only a 30 minute wait for our table at Joe’s of Westlake.  We found a table near the piano in the bar to wait.  Weird.  Normally, we’d have to wait about … Continue reading

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U.S. Personal Income, Disposable Personal Income, Outlays and Saving All Up in May 2010

The U.S. Bureau of Economic Analysis released its estimates of personal income, saving and outlays for May 2010 this morning, and they’re all up.  But I wonder:  Where is the personal income growth (to $12.3 trillion) coming from?  It’s hard … Continue reading

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