In 2018, economic growth surged in the US, unemployment fell to near record lows, without a significant jump in inflation. I confess to being surprised that inflation did not increase more. Normally when growth stretches beyond its full-employment output the economy becomes overheated and inflation follows. More

The US economy wishes you Happy Holidays! Consumers are optimistic about the future – which should help the economy maintain its health into 2019. It is likely that the US economy will exceed President Trump's goal of 3% growth in 2018. Unemployment is 3.7%. Worker compensation has increased more than the inflation rate, which means that most families are more prosperous than at the beginning of 2018. More

Have you ever thought about Santa as an economist? Listen in as Santa shares some of his economics wisdom and business savvy with Higher Rock students. And from all of us at Higher Rock Education, we wish you and your family a very Merry Christmas! More

The US economy remains healthy: growth is near a record pace, unemployment is very low, and inflation is tame. The rate of economic growth slowed from what most economists consider an unsustainable rate of 4.2% in the second quarter to a more sustainable rate of 3.5%. An analysis, with links to sources and graphs are included. More