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Economic reports indicate weakness in productivity, making it very difficult for the Fed to contain inflation without bringing on a recession. By Robert Genetski The U.S....

Slower increases in wages, inflation indicate economic growth is less than expected. Economic data are mixed. Today's report shows April consumer spending rose at an...

Stocks continued to struggle this week as the Fed insists it will do whatever it takes to get inflation under control. Interest rate hikes,...

Americans are opening new businesses at the fastest rate in more than ten years. Applications for employer identification numbers have passed 3.2 million this year, compared to 2.7 million at the same time last year. “This pandemic is actually inducing a surge in employer business startups that takes us back to the days before the decline in the Great Recession,” said John Haltiwanger, an economist at the University of Maryland.

Government monetary policy has a powerful effect on the economy, but there is a time lag between changes in the money supply and their...

Today's national retail sales report shows an explosive rise in September. This reinforces the case that the economy is in a strong recovery. There is...

The rapid recovery from the lockdown continues. Economic reports from September indicate the economy has rebounded to 97 percent of its peak reached this...

Economist Robert Genetski provides a weekly look at the U.S. economy and prospects for growth or retraction. U.S. stocks were mixed this past week. Nasdaq...

Deaths and serious cases have not followed the pattern seen earlier. While no one knows where the numbers will go from here, these are encouraging developments underlying the record jump in cases. Doctors are learning how to treat the virus.