Daily Economy News
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After Liftoff, a Lull
With the recent market turmoil and the plunge in oil prices, as well as no meaningful evolution in economic conditions, the Fed’s decision today was not difficult to make. Lower oil prices and weak global economic growth would make the Fed more cautious about its tightening policy. The second interest rate increase in March has…
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Permanent Tax Cuts Pack a Bigger Punch
Congress recently renewed several tax breaks for households and businesses, which the president signed as part of the year-end budget deal. Whereas previous renewals generally expired after one year, Congress made many of the tax “extenders” it renewed in December permanent. This can be helpful. When it comes to tax cuts, how long the cut…
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PayScale, Money Magazine Feature AIER Study
Our report, “New Careers for Older Workers,” continues to gather attention, this time in a PayScale piece that was picked up by Money last week.
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January Market Turbulence: A Historical Perspective
Through Thursday, the S&P 500 Index was down about 8.6 percent during the month so far. To put this in perspective, the worst January in S&P 500 history was 2009. In January 2009, the market fell 8.6 percent. We’re on pace for a January stock market loss as bad as we’ve ever seen. What lessons…
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Amid Turmoil, Long-term Consumer Prices Follow a Familiar Trend
Fascinating as the free fall in the stock prices might be, stock prices are not directly relevant to consumers. The Consumer Price Index, released on Wednesday, sheds light on the prices that households experienced in December 2015. Most goods were cheaper, while services were more expensive. Consumers were paying more for services than for goods,…
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How to Watch the Economy This Week
After an anxious week of lackluster economic data and a plunging stock market, the week ahead promises to shed more light on the trajectory of an economy that has been on a path of slow growth.
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Sour Start to the Long Weekend
Amid good signs like the strong employment report last week, we have also seen some “yellow flag” data sets on the economy in recent weeks. Today, we received more of those indicators that give us reason for pause. Today’s retail sales report was below expectations, as was the data from the Federal Reserve on industrial…
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Bard Students Lend a Hand at AIER
This January we have two students from Bard College at Annandale-On-Hudson as AIER interns during the January intersession. Residential Winter Term, which is part of our Academic Year Internship program, premièred last year. Even though students’ time with us is limited (only three weeks), we are confident that they will gain some valuable insights into…
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From Deep in Winter, Signs of an Economic Spring
As job openings and business confidence increase, there are signs that the pace of hiring and wage growth could quicken in the coming months, says our senior research fellow, Bob Hughes.
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•
After Liftoff, a Lull
With the recent market turmoil and the plunge in oil prices, as well as no meaningful evolution in economic conditions, the Fed’s decision today was not difficult to make. Lower oil prices and weak global economic growth would make the Fed more cautious about its tightening policy. The second interest rate increase in March has…
-
•
Permanent Tax Cuts Pack a Bigger Punch
Congress recently renewed several tax breaks for households and businesses, which the president signed as part of the year-end budget deal. Whereas previous renewals generally expired after one year, Congress made many of the tax “extenders” it renewed in December permanent. This can be helpful. When it comes to tax cuts, how long the cut…
-
•
PayScale, Money Magazine Feature AIER Study
Our report, “New Careers for Older Workers,” continues to gather attention, this time in a PayScale piece that was picked up by Money last week.
-
•
January Market Turbulence: A Historical Perspective
Through Thursday, the S&P 500 Index was down about 8.6 percent during the month so far. To put this in perspective, the worst January in S&P 500 history was 2009. In January 2009, the market fell 8.6 percent. We’re on pace for a January stock market loss as bad as we’ve ever seen. What lessons…
-
•
Amid Turmoil, Long-term Consumer Prices Follow a Familiar Trend
Fascinating as the free fall in the stock prices might be, stock prices are not directly relevant to consumers. The Consumer Price Index, released on Wednesday, sheds light on the prices that households experienced in December 2015. Most goods were cheaper, while services were more expensive. Consumers were paying more for services than for goods,…
-
•
How to Watch the Economy This Week
After an anxious week of lackluster economic data and a plunging stock market, the week ahead promises to shed more light on the trajectory of an economy that has been on a path of slow growth.
-
•
Sour Start to the Long Weekend
Amid good signs like the strong employment report last week, we have also seen some “yellow flag” data sets on the economy in recent weeks. Today, we received more of those indicators that give us reason for pause. Today’s retail sales report was below expectations, as was the data from the Federal Reserve on industrial…
-
•
Bard Students Lend a Hand at AIER
This January we have two students from Bard College at Annandale-On-Hudson as AIER interns during the January intersession. Residential Winter Term, which is part of our Academic Year Internship program, premièred last year. Even though students’ time with us is limited (only three weeks), we are confident that they will gain some valuable insights into…
-
•
From Deep in Winter, Signs of an Economic Spring
As job openings and business confidence increase, there are signs that the pace of hiring and wage growth could quicken in the coming months, says our senior research fellow, Bob Hughes.