Higher Rock Education - Economics Blog

State of The Economy - September 2018

Tuesday, October 16, 2018

The Federal Reserve increased interest rates in late September. Why? Because the US economy continues to thrive. In fact, there is some concern it is growing at an unsustainable pace and the accommodative policy of low interest rates to induce growth is now inappropriate. There is a greater risk of the economy overheating. More

State of the Economy - August 2018

Friday, September 14, 2018

The US economy continues to extend its near record expansion and is showing few signs that growth will slow down soon. Will the good news continue? What could slow it down? What will the Fed do? More

State of the Economy - July 2018

Wednesday, August 22, 2018

The US economy is growing at 4.0%. Unemployment fell to 3.9%. Inflation is approximately 2%. All of the economy's vital signs are excellent. The expansion is now the second longest recorded. More

State of the Economy - June 2018

Friday, July 27, 2018

The economy grew at 2.0% in the first quarter and most economists believe growth will exceed 3% in the second quarter because the fiscal stimulus of lower tax rates should fuel continued growth. Payrolls have increased for a record of 93 straight months, but consumers are beginning to lose purchasing power. Read more... More

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