The Morning Economic Report

The Morning Economic Report
8:23 am
Fri March 27, 2015

Increase in Job Quitting - 3/27/15

It wasn’t that long ago that there were too few jobs to go around in the U.S. and that people clung to the ones they had.  That has changed.  The Labor Department recently announced that the number of people who quit their jobs rose three percent in January from December to two point eight million – that’s the most in more than six years. 

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The Morning Economic Report
8:11 am
Thu March 26, 2015

Expanding U.S. GDP - 3/26/15

Chief executive officers in the U.S. remain upbeat regarding near-term economic prospects according to the first quarter survey conducted by the Business Roundtable and recently featured in the New York Times.  CEO's expect U.S. gross domestic product to expand by two point eight percent this year compared to a less optimist projection of two point four percent a quarter earlier. 

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The Morning Economic Report
8:11 am
Wed March 25, 2015

Economic Recovery for African-Americans - 3/25/15

A recent report from the Center for Popular Democracy, described by the New York Times as a liberal advocacy group, and the Economic Policy Institute, described as a liberal think tank, indicates that economic recovery continues to elude a disproportionate share of African-Americans. 

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The Morning Economic Report
8:27 am
Tue March 24, 2015

Slowly Rising Wages - 3/24/15

Here’s the economy mystery of the day – why are wages still rising so slowly when job growth has become so formidable and the unemployment rate continues to trend lower.  The two hundred and ninety five thousand jobs that the government estimates the nation added last month was easily above expectations. 

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The Morning Economic Report
9:09 am
Mon March 23, 2015

Increased Number of Jobs Added - 3/23/15

The U.S. economy has added nearly three point three million jobs over the past year.  In February, a month with only twenty eight days, the economy added another two hundred and ninety five thousand jobs.  As detailed by CNNMoney, over the past year, retail, healthcare and service positions have added the most jobs. 

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The Morning Economic Report
8:16 am
Fri March 20, 2015

Government Spending on College Students - 3/20/15

As recently reported by Bloomberg, in forty-eight U.S. states, government spending on each college student remains below where it was before the recession that began in December of 2007.  Governors in Wisconsin, Louisiana, Illinois, Arizona, Alaska, West Virginia and Connecticut are each poised to reduce support for colleges and universities in budgets under consideration this year. 

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The Morning Economic Report
8:56 am
Thu March 19, 2015

Job Market for College Graduates - 3/19/15

The job market for recent college graduates continues to improve based on a survey of roughly sixty seven thousand members of the class of 2014.  Preliminary results from the National Association of Colleges and Employers’ First Destination Survey indicate that fifty three percent of bachelor’s degree graduates were employed full-time this winter. 

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The Morning Economic Report
9:10 am
Wed March 18, 2015

Luxury Home Market - 3/18/15

While America’s apartment market continues to boom as homeownership rates fall in America, the owner occupied portion of the housing market continues to recovery slowly.  One exception to this is the market for newly constructed luxury homes.  The expanding wealth of the already rich is impacting the demand for expensive new construction. 

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The Morning Economic Report
9:08 am
Tue March 17, 2015

Plunge In Grain Prices - 3/17/15

While much of the economy is now steadily improving, circumstances for many grain farmers have become deeply problematic.  Across the Midwest and elsewhere, a plunge in grain prices to near four-year lows is making it difficult for tenant farmers to make their rent payments.  As reported by the New York Times, many rent payments, which vary from a few thousand dollars for a tiny farm to millions for a major operation, were due on March first. 

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The Morning Economic Report
9:13 am
Mon March 16, 2015

Wasted Food Around the World - 3/16/15

Americans are said to be wasteful.  We are not alone.  As reported by the U.K-based nonprofit Water and Resources Action Program, the world wastes 400 billion dollars in food each year.  The vast majority of food is wasted in Asia, followed by Europe and North America. 

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