Politics & Policy

Expansion, Year Six

Nonfarm payrolls climbed 132,000 in November, offering further confirmation that the U.S. economy, fueled by fiscal and monetary stimulus, has entered its sixth year of expansion. #ad#Indeed, employment is the broadest ...
Politics & Policy

Fed Jobs Are Dropping

The May employment report, with a headline jobs-growth figure of 75,000, at best drew mixed reactions from Wall Street and the financial press. Deeper within the data, however, an important ...
Politics & Policy

A Dynamic Idea Gains Momentum

President Bush’s 2007 budget, released in February, proposed spending $513,000 for a dynamic-analysis unit within the Treasury Department. The unit would not initially conduct dynamic analysis or scoring — which ...
Politics & Policy

The Wal-Mart Employment Effect

The U.S. economy entered its fifth year of expansion in November, with non-farm payroll employment, a broad economic indicator, having expanded by 4.5 million jobs (3.4 percent) since bottoming in ...
Politics & Policy

Expansion, Year Five

Critics who attempt to talk down the U.S. economy do so at their own peril. The ongoing expansion, which began in late 2001 after a brief recession, has survived ...