The stock market downturn spooks many into thinking that a recession is imminent. It isn't. But the market slide has created some great value plays. Here are three of them.
Parallels are often drawn between the Great Recession of the past decade and the economic turmoil of the interwar period. In terms of global trade, these comparisons are based on obsolete and incomplete data. This column re-estimates world trade since the beginning of the 19th century using a new database that includes fewer developed countries. Show More Summary
Riding Greyhound from coast to coast, from the Great Depression to the Great Recession
American exports declined 5% in 2015, marking the first year since the Great Recession that exports fell in the US. Part of that decline was caused by a slowing global economy, which has caused less demand for American cars and electronics. Show More Summary
Hourly wages are still growing at a slightly better pace than in previous months. Wage growth since the Great Recession has remained fairly low, hovering around just 2%. This is most likely not high enough to support the Fed's stated inflation target of 2% year-over-year. Show More Summary
Scion will die an ignoble death absorbed back into the massive, generic brand it lamely tried to make cool. It didn't have to go down like this. Continue reading Scion was slain by Toyota, not the Great Recession Scion was slain by Toyota, not the Great Recession originally appeared on Autoblog on Wed, 03 Feb 2016 13:30:00 EST. Show More Summary
The report not only looked at economic growth from 2009 to 2014, but also how it came about and who exactly is benefiting from it. [ more › ]
The NYT had an article on different trade models that are being used to predict the impact of the Trans-Pacific Partnership (TPP). It reported on the projections from a model from the Peterson Institute which shows that the TPP would add 0.036 percentage points to the annual growth rate over the next 14 years. Show More Summary
In the midst of the Great Recession, Lynne DeLucia and Lisa Chedekel did the same thing many other journalists were doing: They launched a nonprofit news organization. It was impossible to know whether the venture would succeed, but they saw a need, and an opportunity. Five years later, DeLucia and Chedekel’s project, the Connecticut Health I-Team, is still around—and it...
By MARGALIT GUR-ARIE In his last State of the Union address, President Obama stated that “anyone claiming that America’s economy is in decline is peddling fiction”. I agree. The American economy has roared back from the Great Recession with 14 million new jobs, a ridiculously low unemployment rate, a booming stock market and 57 brand
The last few decades in the auto industry have certainly seen their ups and downs. The auto industry went from selling 17.3 million vehicles in 2000 to only moving 10.4 million units in the “Great Recession” of 2009. That’s fewer sales than in 1993 when the auto industry sold 13.9 million new vehicles. Show More Summary
Has Main Street regained its mojo? It's easy to feel like chain stores have taken over America, but a recent study indicates that local businesses, many of which suffered through the Great Recession, are once again growing. In fact, the growth rate for local businesses is outpacing the overall U.S. Show More Summary
Simply unaffordable. Although the US Department of Labor reported that worker pay (the employment cost index) rose 0.6% in Q4 2015, family incomes as still lower than they were before The Great Recession. Unfortunately, home prices and rents have been growing rapidly in recent years. The post Worker Pay in U.S. Show More Summary
As a proponent of both democracy and capitalism, I've always wondered why opponents have negatively critiqued capitalism. Until the Wall St. Crash of 2008, and its subsequent Great Recession, I took no notice. The basic argument against was greed. Show More Summary
January is going into the books as the worst start to a year for technology stocks since the Great Recession.
"...we find evidence of a significant amount of downward nominal wage rigidity in the United States": Fallick, Bruce C., Michael Lettau, and William L. Wascher (2016). “Downward Nominal Wage Rigidity in the United States During and After the Great Recession,”...
Only 1 out of 5 small businesses claim to have fully recovered from the Great Recession. Here are 6 ways to meet this year head-on to become the next business to recover.
The Washington area grew more slowly than almost every major American metropolitan area on a variety of economic measures in the aftermath of the Great Recession, according to a new analysis of nationwide growth trends that hints at how much federal spending cuts have hurt the region. There are signs that the region is emerging […]
In the nearly seven years since the end of the Great Recession, the U.S. economy has rebounded on the macro level. But for a huge number of people, the "American dream" remains as elusive as it's ever been. New research released Monday...Show More Summary
The young adults who grew up during the Great Recession want a job. Here's what you should offer them.