Do changes in the conditions of financial markets lead to changes in real economic activity? This question can be answered by analyzing the ups and downs in sales and investments of firms with different needs of external financing. The evidence suggests the causal effect is small.
Some people argue that immigrants make life harder for workers who are already U.S. citizens. But the data don’t show much of a correlation between immigration and the unemployment rate or between immigration and wages.
Much attention has been paid lately to corporate inversions, in which U.S.-based multinational corporations move their parent companies to countries where taxes are lower. Past attempts to curtail such tax avoidance have had some success, but companies always find a way around the new rules. Would lowering tax rates in the U.S. help?
The American Recovery and Reinvestment Act of 2009 has been called the federal government’s largest economic recovery plan. But what about the New Deal? Depending on how the comparison is framed, President Franklin Delano Roosevelt’s plan could have been costlier than President Barack Obama’s.
This slowdown is a national problem, but the cause and impact may not be the same for the whole country. To shed light on these matters, the data for each state’s productivity growth during the current and previous expansions are compared.
After declining for almost eight years, yields on U.S. Treasuries turned upward in the second half of 2016. Several domestic and international factors have led to a decrease in demand for these bonds.
Of all the major commercial real estate categories, multifamily housing has strengthened the most since the last recession. It has shown so much growth that some are worried a bubble is forming.
More than 4 percent of the people in the District are “on disability,” receiving Social Security Disability Insurance benefits, vs. 2.6 percent for the rest of the country. Rural counties in the District have higher rates than do metro areas.
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