Research Center

Economy Watch: The Budget Scrummage Starts

Is President Obama’s plan to cut the deficit through spending cuts and tax increases, outlined in a speech on Wednesday, a path to U.S. fiscal solvency or not?

Economy Watch: Outlook for Monetary Policy Cloudy

Is the Fed planning to tighten monetary policy? Some of its member banks have been asking for a modest increase.

Economy Watch: The Price of Oil Starting to Change Consumer Behavior

It seems that there’s some elasticity in the demand for gasoline among U.S. consumers.

Economy Watch: One Hard Budget Vote Down, More to Come

As the world well knows, the federal government didn’t shut down over the weekend. A deal was done practically at zero hour, meaning that federal workers will be at work on Monday morning, $39 billion (or about 1/1000) of the federal budget will disappear, and tourists will have something to do in D.C. this week.

PODCAST: Economy Watch Weekly with Dees Stribling

For the week ending April 8, the federal government is on the verge of a nervous breakdown, but the economic news wasn’t all bad.

Economy Watch: Consumers in a Buying Mood

Retail sales came in strong in March; home prices have yet to find their bottom; and members of Congress continue their bickering without reaching a budget agreement.

Economy Watch: The Shutdown Showdown

Congress bickers over a few billion dollars while the clock ticks down to unforetold consequences; banks might agree to foreclosure changes; and an appeals court confirms Enron CEO Skilling’s convictions.

Economy Watch: OECD Optimistic about G7 Economies (except Japan)

The OECD sees private-sector investment and trade in the world’s biggest economies boosting recovery; non-manufacturing growth continues; and federal budgeting continues to be a mess.

Economy Watch: 50,000 McJobs?

McDonalds plans to hire 50,000 workers on April 19; Geithner warns Congress about the consequences of hitting the debt ceiling; and Bernanke downplays inflation.

Economy Watch: Private Sector Hires, Public Sector Fires

Jobs numbers look good for March; construction spending is down; and Ron Paul wants to take the Fed to task for lending to non-American banks.