Economic growth

Economic growth has been accelerating this year — unemployment is low, wages have been edging up and so has consumer spending. So you’d think the housing sector, which usually benefits from favorable conditions for consumers and working people, would be booming right now. But what was looking like a really good year for housing sales […]

The latest birth rate numbers are out from the Centers for Disease Control and Prevention, and Americans, you are not being fruitful and multiplying. Last year saw the lowest number of births in 30 years. That dearth of babies has a lot of repercussions for the future — a smaller active labor force would mean […]

Inflation is kicking into gear. But it’s not clear economic activity will shift much higher. Higher prices and slow growth are some key ingredients for “stagflation.”  Is that where we’re headed? Click the audio player above to hear the full story. 

The International Monetary Fund raised its growth target for the American economy today to 2.9 percent. That’s very close to the three percent forecast the Trump administration promised.  In a conversation about President Donald Trump’s tax cuts and the overall state of the economy on Fox News this morning,  Trump’s top economic adviser Larry Kudlow said we […]

Labor productivity, a measure of how efficient workers are, hasn’t been improving in recent years. That has caused worry among economists, because worker productivity has a big impact on economic growth. Well, times may be a-changing. The McKinsey Global Institute is out with a new report that says this era of low productivity growth might […]