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The Morning Economic Report

Monday-Friday at 7:33 am

Anirban Basu, Chairman Chief Executive Officer of Sage Policy Group (SPG), is one of the Mid-Atlantic region's leading economic consultants.  Prior to founding SPG he was Chairman and CEO of Optimal Solutions Group, a company he co-founded and which continues to operate. Anirban has also served as Director of Applied Economics and Senior Economist for RESI, where he used his extensive knowledge of the Mid-Atlantic region to support numerous clients in their strategic decision-making processes.  Clients have included the Maryland Department of Transportation, St. Paul Companies, Baltimore Symphony Orchestra Players Committee and the Martin O'Malley mayoral campaign.

He is the author of numerous regional publications including the Mid-Atlantic Economic Quarterly and Outlook Maryland. Anirban completed his graduate work in mathematical economics at the University of Maryland.  He earned a Masters in Public Policy from Harvard University in 1992.  His Bachelors in Foreign Service is from Georgetown University and was earned in 1990.

Phalinn Ooi/flickr

When people talk about America getting older, they are typically speaking about its population.  But as pointed out by Bloomberg, that’s hardly the only thing in the U.S. that’s aging.  According to the Bureau of Economic Analysis, the average age of all fixed assets, including things like factories and hospitals, stands at twenty three years, the oldest in records tracing back to nineteen twenty five.

The Recession Risk

Dec 23, 2016
TaxCredit.net

Anirban has good news about the odds of a recession occurring in the next year.

Japanese Millenials

Dec 22, 2016
J3SSL33/flickr

How the frugality of 25 to 34-year-olds in Japan is affecting the country's market.

Chinese Imports

Dec 21, 2016
Robert Scoble/flickr

Anirban Basu discusses the impact of China's manufacturing and export centers on American firms.

Energy Production

Dec 20, 2016
USFWS/Joshua Winchell

Anirban Basu on energy production, which he calls "one of the most dynamic aspects of the U.S. economy."

The Urban Revival

Dec 19, 2016

As indicated by an article written by Adam Bednar of the Daily Record, the impending death of America’s suburbs may have been greatly exaggerated.  For years, urbanists have trumpeted the prospective rebound of the American city after decades of out-migration. 

A wave of populist fervor is washing across much of the advanced world, and at the root of this emerging political dynamic are economic trends.  As indicated by a McKinsey Global Institute Report, with the exception of a brief hiatus during the 1970s, much of the past 70 years has been associated with buoyant global economic and employment growth. 

Global economic growth is expected to pick up faster than previously thought in coming months due to expected tax cuts and public spending in the U.S. – this according to the Organization for Economic Cooperation and Development.  In its most recent economic outlook report, the OECD estimates that global growth will accelerate from 2.9 percent this year to 3.3 percent in 2017 and 3.6 in 2018. 

Over time, women have made significant progress in cracking and collapsing various glass ceilings.  One of the final remaining glass ceilings is in the world of investment, including in the U.S. 

As indicated by writer Josh Mitchell, the federal government is on pace to forgive at least $108 billion in student debt in coming years – this as an increasing number of borrowers seek assistance in paying down their loans.  The result will be reduced revenues to finance higher education going forward. 

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