Shoppers Show Cheer During 2024 Holiday Season
Despite the high levels of economic anxiety that Americans expressed earlier in the year, shoppers spent 3.8% more in the 2024 holiday shopping season than in the previous year. The…
Private Sector Job Growth Reflects Broader Macroeconomic Trends
The pace of job growth in the private sector is more than a statistic; it tells a story of how businesses, consumers, and policymakers respond to changes in the economy.…
American Airlines’ New Contract: A Boost for Workers and the Economy
One important driver of economic growth is a thriving labor force where workers are gainfully employed. Gainful employment often means better pay and improved working conditions. A recent example is…
ZiGs: The World’s Newest Currency
In 2009, following an extreme bout of hyperinflation, Zimbabwe abandoned its national currency. During the period of hyperinflation, prices were increasing at an astonishing rate of 5 billion percent annually.…
GDP Growth Slows in the First Quarter of 2024
US GDP grew at a 1.6 percent annualized rate in the first quarter of 2024. This is significantly lower than the 3.4 percent growth in the fourth quarter of 2023.…
Navigating Trade-Offs: The Rise and Challenges of Micro-Apartments in Urban Housing Markets
In a world where many people struggle to find affordable housing, micro-apartments have become a popular idea to help tackle this problem. These tiny apartments, usually between 150 and 400…
Navigating Turbulence: Implications of Boeing 737 MAX Problems on Southwest and United Airlines
The aviation industry has been a cornerstone of global transportation, facilitating connectivity and driving economic growth across the world. However, recent challenges faced by Boeing's 737 MAX aircraft have sent…
Las Vegas has invested billions into sports. Will it pay off?
Las Vegas was the home of 2024’s Super Bowl 58. As the current host of the one of the biggest sports events in the world, we must note that the…
All US GDP Components Grew in 2023
Despite fears of a recession following the Federal Reserve’s raising of interest rates to cut inflation, the US economy saw real growth of 3.1% in 2023. A large part of…
Your Money Is No Good Here
American Airlines announced it would no longer accept Argentine pesos for cash sales of airline tickets. All transactions must be made with either a credit card, bank deposit, or wire…