Click on the image for the MERs for the week of July 31.
Monday, July 31
This has been a consumer-led economic recovery. Other components of gross domestic product simply haven’t expanded rapidly over the past eight years, including government spending, exports, and business investment...
Tuesday, August 1
Coming into the year, there was quite a bit of optimism regarding global economic prospects. In particular, many economists were speaking about an increasingly synchronized worldwide economic recovery as solid growth in the U.S., India and China were joined by better performance in Japan and Europe...
Wednesday, August 2
There is a conventional wisdom suggesting that North Korea’s economy is very weak. This is largely because political leaders there have a propensity to invest heavily in defense, including missile technology, leaving relatively little left for infrastructure or other expenditures that would help expand economic activity...
Thursday, August 3
Recent Labor Department data indicate that after many years of steady hiring, unemployment rates have dipped below four percent in twenty-three states. Unemployment rates this low suggest that those states are at or very close to full employment...
Friday, August 4
It must be nice to be a large company CEO. Think about wielding all that power in the board room and then taking home all that money to the living room. And then there are the perks...
