Oil production has been in the news lately with President Trump calling for a ramp up of U.S. oil production which would hopefully lead to lower energy and goods prices. This blog will take a look at long-term trends in and the interaction between U.S. oil and petroleum production, oil prices and gas prices. U.S. […]
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U.S. Manufacturing Employment: A Long-Term Perspective
Manufacturing employment is often viewed as a key benchmark for the U.S. labor market, as manufacturing jobs are generally higher paying and manufacturing of certain products is vital to the strategic interests of the United States. In recent years manufacturing jobs have been in the spotlight for a variety of reasons. Tariffs were implemented in […]
More...U.S. Trade and Tariffs: A Long-Term Perspective
The impact of tariffs on trade and the U.S. economy has been the subject of much discussion lately, as President Trump has indicated that he will implement a minimum 10-20% tariff on all imports and (at least) a 60% tariff on Chinese goods. A tariff is basically a surcharge paid by a business to the […]
More...CBEI Central Wisconsin Fall 2024 Report & Asset Based Community Development
The CBEI and Central Wisconsin by Scott Wallace The mission of the Center for Business and Economic Insight (CBEI) is to contribute to the success of the Central Wisconsin region through the dissemination of useful knowledge and information. This issue’s special report aims to do just that. In Strengthening Communities: The Power of Asset-Based Approaches, […]
More...The 2024 Economy and 2025 Preview
As 2024 comes to an end, overall, the U.S. economy is in great shape. Housing continues to be a sore spot, but the economy keeps rolling along. In 2024 economic growth was strong with more Americans working than ever as job gains continued and real wages were increasing. The U.S. stock market hit several record […]
More...The Pre-Election Economy
This blog will provide one last look at the economy before the 2024 presidential election. The topics covered include interest rates and the Federal Reserve, global and U.S. inflation, the labor market, economic growth, the stock market, and the housing market. Interest Rates and the Federal Reserve In September, the Federal Reserve finally provided a […]
More...Economic Plans: Harris vs. Trump
This blog provides a glimpse of what the future U.S. economy would potentially look like under current proposals presented by Kamala Harris and Donald Trump. Background information on the issues and key components of the proposals are summarized for prices, individual federal income taxes, capital gains taxes, Social Security taxes, business taxes, tariffs and healthcare. […]
More...The Project 2025 Monetary Policy, Gold Standard and Federal Reserve
Project 2025 has recently received significant attention and has been the subject of much discussion. Project 2025 features a 900-page plan for government administration (Mandate for Leadership) that provides domestic, political and economic policies which would significantly transform the U.S. government and American society. It was created by the Heritage Foundation, a conservative think tank […]
More...2024 Mid-Year Economic Update
The U.S. economy continued to roll along in the first half of 2024. Economic growth continued, inflation decreased and the labor market was relatively strong. The strong economic performance was reflected by record stock market performance. The U.S. S&P 500 index (a benchmark index for U.S. large company stocks) and the NASDAQ index (technology index) […]
More...Economic Performance: 2017-2024
The U.S. economy has been the subject of much discussion with differing viewpoints. This report will hopefully shed light on U.S. economic performance by analyzing a broad range of economic variables over the period from January 2017 through March 2024. Changes in these variables, as well as the reasons why these variables changed, will be […]
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