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Friday, September 27, 2013

US GDP Growth Holds at 2.5% in Q2, Corporate Profits at Record High, Key Inflation Index Falls

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The Bureau of Economic Analysis released new data today showing that corporate profits reached an all-time nominal high in the second quart...
Monday, September 23, 2013

Whatever Became of the Money Multiplier?

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If you are teaching or taking an introductory macroeconomics course this fall, you will, at some point, encounter the money multiplier . The...
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Sunday, September 22, 2013

US Working Age Poverty Remains Near Record High in 2012

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The Bureau of the Census released data for U.S. poverty rates and family income today. The headline poverty rate for all individuals was e...
Saturday, September 21, 2013

What Does the U-6 "Broad Unemployment Rate" Really Tell Us?

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During the recent deep recession and slow recovery, U-6, an alternative measure of unemployment issued by the Bureau of Labor Statistics, ...
Monday, September 9, 2013

US Unemployment Rate Falls to 7.3 Percent in August, a New Low for the Recovery

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The U.S. unemployment rate edged down from 7.39 percent in July to 7.28 percent in August, according to data released today by the Bureau ...
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Wednesday, September 4, 2013

Brazil's Volatile Real: Why Currency Fluctuations are Painful

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Brazil’s volatile currency, the real, is back in the news. Two years ago, the real hit all-time highs against the dollar. The rise prompted...
Saturday, August 31, 2013

US GDP Growth Revised Up to 2.5 Percent on Stronger Exports; Inflation Falls

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The Bureau of Economic Analysis reported today that the U.S. economy grew at an annual rate of 2.5 percent in the second quarter of 2013. T...