Higher Rock Education - Economics Blog

State of The Economy - September 2019

Tuesday, October 22, 2019

The United States’ economy continues to show signs of reaching its peak. Next week the Federal Reserve’s Federal Open Market Committee (FOMC) will consider reducing its target federal funds rate for the third straight meeting to prolong the current record-breaking expansion. The American household has continued to propel the economy forward. Job security fostered by the lowest unemployment rate in 50 years, and higher incomes have encouraged consumers to spend. But there have been signs that con More

Economics in the News – Oct. 14-18, 2019

Monday, October 21, 2019

Economics impacts us all on a daily basis. Below are highlights from last week’s news with links to relevant articles. More

Economics In The News - Oct. 7-11, 2019

Monday, October 14, 2019

Economics impacts us all daily. Below are highlights last week’s news with links to relevant articles. More

State of the Economy - August 2019

Thursday, September 19, 2019

A trade war, and slowing global economies have hurt the industrial sector, but our service economy has been more resilient and helped the US economy remain relatively healthy. Approximately 80% of the US labor force work in the service economy. Household income is rising, and people feel secure in their employment status. Households should continue to spend more. Consumer spending remains the US economy’s primary driver. Yet, manufacturing is suffering. More

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