Economic indicators show the economy is improving

U.S. Economy Is Slowly Improving

By Bill Fay | May 7, 2013

The snapshot of the U.S. economy in the first week of May looks unusually promising. Almost every arrow economists want pointing up – home sales, auto sales, stock market –…

Economic indicators like housing and spending are confusing.

Despite Positive Economic Indicators, Consumer Confidence Continues to Decline

By Bill Fay | April 17, 2013

American consumers are a step slow in accepting the news that the U.S. economy really is on the mend. Consumer confidence and retail spending dipped in March, while the rest…

Airline ratings are up, but so are complaints and fares.

Airline Ratings Are Up — So Are Complaints and Fares

By Bill Fay | April 10, 2013

The U.S. airline industry is coming off its second-best year ever in terms of customer service, but it comes with a price: Complaints were up, and so was the average…

Sequestration has not slowed the economy. Obama prepares to submit budget to Congress.

As Budget Talks Continue, Sequestration Has Yet to Stall Economy

By Bill Fay | April 4, 2013

A month after sequestration kicked in, the alarms sounded by President Obama – “It will cost us jobs and slow down our economy,” he said Feb. 5 – have not…

gay marriage would be economic stimulus

Could Legalizing Same-Sex Marriage Boost the Economy?

By Bill Fay | April 1, 2013

The hot topic in America is the issue of gay marriage, as the Supreme Court has been asked to rule on the Defense of Marriage Act and on California’s marriage…

economic recovery

U.S. Economy Continues to Crawl Forward

By Bill Fay | March 14, 2013

Unemployment dropped in February to its lowest levels in four years, consumers spent money at the fastest rate in five months, and Wall Street set new records, all of which…

spending up, income down

Is the Economy Getting Better or Growing Worse? It Depends

By Bill Fay | March 4, 2013

There are so many mixed signals coming from all sectors of the U.S. economy that you need a linguist to properly interpret the flow of information. Depending on where you…

Economic roundup

Private Business Moves Ahead, while Washington Sits on Sidelines

By Bill Fay | February 20, 2013

The complete lack of effort by politicians in Washington to find a solution to sequestration is sure to have some effect on the U.S. economy, but it’s not being felt…

eric holder justice department standards & poors

Justice Department Accuses Standard & Poor’s of Fraud, Passes on Executives

By Bill Fay | February 14, 2013

It has been more than five years since those steaming piles of toxic, subprime mortgages were scooped up, cut up and then “structured” into the bundles of seemingly sanitized investment…

U.S. Oil drilling rig

Rise in U.S. Oil Production Threatens Global Health

By Bill Fay | February 12, 2013

In 1956, M. King Hubbert, a geoscientist working at the Shell research lab in Houston, presented a paper at a meeting of the American Petroleum Institute (API), predicting that oil…