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Maybe fear is not the only thing we have to fear, but it is the key problem facing the economy. The drum beat of negative economic news is dominating the information networks: The economy isn’t creating any new jobs. Inflation Continue Reading »
What a month. Congress decided that it really did have to raise the debt ceiling, a rating agency decided there actually was some risk the U.S. could default on its debt, the government decided that the Great Recession was even Continue Reading »
So far this year the economy has been on quite the roller coaster ride. After a slow start, the job market heated up and by April, conditions were looking a lot better. But then gasoline prices surged and consumers began Continue Reading »
Summertime and the living is still not easy. Job growth has stumbled, consumer confidence has faded, and business expectations have eased. Clearly, the economy has hit a soft spot. Does that mean a double-dip recession is possible? Right now, that Continue Reading »
Bubbles inflate. Bubbles burst. When the last major bubble – housing – exploded, it crashed the financial sector and ultimately the economy. This time, the piercing of the oil balloon should remove one of the major hurdles to stronger economic Continue Reading »
If you have filled up recently you know full well the pain we are all feeling from the surge in oil and gasoline prices. Pumping all that money into our gas tanks instead of having it available to buy the Continue Reading »
This post is part of a series by Joel Naroff, an economist who serves as an advisor to Susquehanna. The recovery had been tooling along at a slow but steady pace. Consumers were spending their tax cuts, businesses were Continue Reading »
This post is part of a series by Joel Naroff, an economist who serves as an advisor to Susquehanna. The first reading on economic activity in 2011 was a promising one, showing that the manufacturing sector is really beginning to Continue Reading »
This is the second in a series of blog entries by Joel Naroff, an economist who serves as an advisor for Susquehanna Bank: In the wake of November’s economic data, we got all dressed up, but then found out there Continue Reading »
This is the first in a series of blog entries by Joel Naroff, an economist who serves as an advisor for Susquehanna Bank. Just when it seemed safe to believe the labor market was firming and job growth was coming Continue Reading »