Higher Rock Education - Economics Blog

State of The Economy - May 2019

Monday, June 03, 2019

The May economic reports indicate that the US economy continues to thrive, although some economists fear the expansion is near its peak and threatened by the trade wars. Many of this group believe expansionary monetary policy is appropriate to prolong the expansion. Access ten reports and read my summary and analysis. More

State of the Economy - April 2019

Tuesday, April 30, 2019

During the first quarter of 2019, the United States economy grew 3.2%, which is remarkable given the economy is nearly a decade into its most recent expansion. Employment is strong and workers continue to be added to payrolls. Inflation has been so tame that the Federal Reserve chose to discontinue its policy of tightening. Yet, as always, there are a few concerns. Review my summary of these important government reports and read my analysis at the end of this blog. More

State of the Economy - March 2019

Monday, April 01, 2019

The US economy continues to grow, but it is showing some signs of nearing the peak of its near record expansion as the pace of the economic growth slows. Recent economic data seem conflicting. Unemployment decreased to a near record low, but the number of people added to payrolls fell to 20,000 from 311,000. Inflation remains tame, but workers have seen their paychecks increase more than the inflation rate. Recent economic data are summarized below. My analysis is provided at the end of the blog. More

State of The Economy - February 2019

Wednesday, March 06, 2019

2018 was a very prosperous year for most people living and working in the United States. Economic growth after adjusting for inflation accelerated in 2018, rising 2.9% from 2.7% in 2017. More people were added to payrolls (2.6 million) than in any year since 2015. Unemployment dropped to some of the lowest rates in 50 years. Wages increased more than inflation, meaning workers were better off. All of this despite being late into a business cycle, slowing global economies, a partial government shutdown, and difficult trade negotiations with China. What contributed to this remarkable prosperity? Will it continue into 2019? More


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