The Morning Economic Report

The Morning Economic Report
10:06 pm
Wed September 2, 2015

Women Owned Businesses on the Rise - 9/3/15

The National Women’s Business Council recently released an analysis of preliminary Census data that indicate that there were nearly ten million women-owned small businesses in the U.S. in twenty twelve.  That represents a nearly twenty eight percent increase from two thousand and seven.  The Census defines a woman-owned business as one in which a woman owns fifty one percent of more of the business equity or stock. 

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The Morning Economic Report
10:54 am
Wed September 2, 2015

Rising Construction of Single Family Homes - 9/2/15

It is a piece of very good and important news for the U.S. economy – home builders began construction on single family homes at the fastest pace since the recession began in late two thousand and seven.  The U.S. economy has continued to struggle to expand robustly in recent months.  Increased consumer spending has sustained much of the growth that has occurred.  There has been a dearth of other significant economic drivers to emerge. 

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The Morning Economic Report
11:12 pm
Mon August 31, 2015

Many Millennials Still Living at Home - 9/1/15

The nation is in its seventh year of economic recovery.  The U.S. now supports more jobs than it did prior to the recession.  Millennial workers, particularly those with college degrees, are now earning close to their pre-recession wages.  But despite that, many young adults continue to live with their parents. 

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The Morning Economic Report
7:48 am
Mon August 31, 2015

Nation's Homeownership Rate Still Falling - 8/31/15

America’s homeownership rate has continued to dwindle recently.  The nation’s homeownership rate fell to a 48-year low during this year’s second quarter.  The seasonally adjusted homeownership rate declined to sixty three point five percent during the quarter, down from nearly 65 percent one year ago.  Statistically, the reason for this pattern is clear – newly formed households are overwhelmingly choosing to rent. 

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The Morning Economic Report
1:12 am
Fri August 28, 2015

Lower Jet Fuel Prices, Lower Air Fare - 8/28/15

As indicated by writer Josh Mitchell, jet fuel prices have declined by nearly thirty five percent over past year, roughly tracking the decline in oil prices according to the U.S. Labor Department’s producer price index.  The decline has helped airlines produce their best ever profits.  With cost savings in hand, airlines have begun to cut airfares, though not by as much as fuel prices have fallen. 

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