The Economic Effects on Finance, Investing, Social Interactions, and Politics
Contributor's Links: Global Economic Intersection

Global Economic Intersection (Econintersect) focuses on the economic effects on finance, investing, social interactions, and politics / public policy.  It features original economic commentary, debate, and economic analysis of economic indicators.  It features original ... more

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Report On The Economic Well-Being Of U.S. Households
The Federal Reserve Board's latest Report on the Economic Well-Being of U.S. Households finds that economic well-being has generally improved over the past five years.
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The Rise Of Shale Oil
Technological advances that allow oil producers to extract crude oil from shale rock formations have reshaped the landscape of U.S. oil production over the last 10 years.
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April 2018 Median Household Income Remains At Highest Level Since January 2000
Median household income in April of this year was higher than for any other month since January 2000, yet only 2.0 percent above the January 2000 estimate of $60,257 after adjusting for price changes.
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Research And Development: Business Spending Up, Government Spending Flat
Total research and development (R&D) spending in the U.S. has increased dramatically since the mid-1950s. It grew from $34 billion in 1953 to more than $457 billion in 2016, an increase of 1244.3 percent, as seen in the figure below.
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Household Debt Continues Its Increase In The First Quarter Of 2018
The Center for Microeconomic Data's latest Quarterly Report on Household Debt and Credit reveals that total household debt reached a new peak in the first quarter of 2018, rising $63 billion to reach $13.21 trillion.
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Four Western States Showed Double-Digit Home Price Appreciation
National home prices increased 7 percent year over year in March 2018, and are forecast to increase 5.2 percent from March 2018 to March 2019.
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Betting On India
3 years ago
I am a foreigner who lives in India about 6 months a year. there is a theory that a ship runs smoother if all rowers are rowing in the same direction - even if it is wrong. At this point Rajan is the rower trying to move the ship in the opposite direction. It is significantly easier to slow an economy down than speed it up - in fact, i see no evidence from anywhere in the world that monetary policy can be used to accelerate an economy. Rajan's policies are a brake on the indian economy.
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