by Andrew Moran | Feb 5, 2023 | Business News, Columns, Good Reads, Opinion
Recession? What recession? The US economy is showing signs of renewed life: the January jobs report was a monster mash, the fourth-quarter GDP growth rate topped expectations, the non-manufacturing purchasing managers’ index (PMI) readings are improving, and...
by Andrew Moran | Dec 18, 2022 | Articles, Economic Affairs News, Opinion
President Joe Biden plans to add three million barrels to the Strategic Petroleum Reserve (SPR) after wiping out more than 40% of the nation’s emergency oil supplies. As a result, the country’s stocks now stand at their lowest levels since January 1984, totaling a...
by Andrew Moran | Oct 11, 2022 | Articles, Business News, Opinion
Tens of thousands of Americans were added to payrolls in the latest jobs report, which certainly seems like good news for the average citizen. However, folks at the Fed and on Wall Street were not so impressed. While the September figures highlighted softening in the...
by Andrew Moran | Sep 2, 2022 | Articles, Economic Affairs News, Good Reads, Opinion
The August jobs report was good but not great. After months of exceptional employment gains, the US labor market could be showing signs of easing after several interest rate hikes by the Federal Reserve. From higher unemployment to more Americans working two or more...
by Andrew Moran | Feb 4, 2022 | Articles, Economic Affairs News, Good Reads, Opinion
After her pre-emptive damage control at a recent briefing, White House Press Secretary Jen Psaki and the administration hoped for the best and prepared for the worst. Following a solid first year of job growth, the labor market recovery maintained its gains, despite...