The Federal Reserve increased interest rates in late September. Why? Because the US economy continues to thrive. In fact, there is some concern it is growing at an unsustainable pace and the accommodative policy of low interest rates to induce growth is now inappropriate. There is a greater risk of the economy overheating. More

The US economy continues to extend its near record expansion and is showing few signs that growth will slow down soon. Will the good news continue? What could slow it down? More

The US economy is growing at 4.0%. Unemployment fell to 3.9%. Inflation is approximately 2%. All of the economy's vital signs are excellent. The expansion is now the second longest recorded. More

The economy grew at 2.0% in the first quarter and most economists believe growth will exceed 3% in the second quarter because the fiscal stimulus of lower tax rates should fuel continued growth. Payrolls have increased for a record of 93 straight months, but consumers are beginning to lose purchasing power. Read more... More