The Federal Reserve Board’s quantitative easing program was an unprecedented monetary experiment that dumped trillions of dollars of new money into the economy. Historically, adding that much money to the…
More Government, Less Manufacturing
As the first country to mass produce everything from automobiles to computers, America has a well-deserved reputation for innovation, thanks to its manufacturing sector. U.S. government employees, conversely, are most…
Key Indicators Negative Across The Board
The worst things get, the more they stay the same. As the stock market continues to set records, the latest Philadelphia Fed Business Outlook Survey shows that the business outlook…
WOW! Manufacturing Index Up 0.2%!
“Been down so long, it looks like up to me.” Furry Lewis This is what passes as positive economic news these days: The Institute for Supply Management’s (ISM) reported Thursday…