Unemployment Rate

The Employment Situation is a report by the Bureau of Labor Statistics that gives an overview of the overall employment outlook of the US economy. The report does not include those employed in agriculture because of the seasonal nature of their work. This report obtains these numbers from 142,000 businesses and government agencies to track the new jobs added in …

Unemployment Rate

The Employment Situation is a report by the Bureau of Labor Statistics that gives an overview of the overall employment outlook of the US economy. The report does not include those employed in agriculture because of the seasonal nature of their work. This report obtains these numbers from 142,000 businesses and government agencies to track the new jobs added in …

Interest Payments

Last March, as the Coronavirus crisis was first beginning to unfold, the Federal Reserve slashed interest rates to record-low levels. Simultaneously, the Federal Government increased its already high spending through massive stimulus packages intended to reduce the pandemic’s impact on the economy—adding trillions to the national debt. Over the past year, the national debt soared from $23.2 trillion to $27.7 …

Non-farm Payrolls

Non-farm payrolls give an overview of the overall employment outlook of the US economy. The figure does not include those employed in agriculture because of the seasonal nature of their work. This report obtains these numbers from 142,000 businesses and government agencies to track the new jobs added in non-farming sectors of the economy. Throughout October, total non-farm payroll employment …

The government definitely wanted to throw a big stick to keep the economy rolling.

It is hard not to start a market update with the following graph.  The economy of the United States is firmly in the hand of the people and their comfort with the state of the Coronavirus.  Ask yourself the following questions: 1.       When would you feel comfortable going to the grocery store? 2.       When would you feel comfortable enough to …

U.S. Building Permits

US Building Permits, as defined by the Census Bureau, is the approval or authorization by the government to legally work on construction projects in permit-issuing places, in this case, specifically for new privately-owned housing units. An increase in building permits is a leading indicator of the health of the US Housing sector, and often the US economy at large. US …

Investing in the Government for Big Returns

Imagine having an investment portfolio in which you contribute $500 every month, like it is taken straight from your paycheck. Now, throughout the course of the year, this portfolio grows 450% to a total value of $33,400. That’s something to brag about! These are the numbers from the bottom 20% of tax filer’s net income tax rate. On average, the …

And You Thought Credit Cards Were Bad?

In an effort to make college more affordable, the Federal Government first made it easier to get a loan. This program has been so incredibly popular, that we now have amassed over $1.2 trillion in student loan debt. Now that we have all these educated students, they should be that much smarter that they have higher incomes to pay back …

How Legislation Killed the Community Bank

The total number of banking companies in the United States has significantly decreased in the past couple decades. At the same time, regulations on the industry have increased and legislations have become more complex. The compound effect has not been a broad drop across the sector, but rather a distinct decrease in small or single-office banks. As the government and …