US Economy: Most Popular Articles
How much each President actually contributed to the $18 trillion U.S. debt all the way back to Woodrow Wilson. Who added the most percentage-wise.
Obamacare has many pros and cons. The ACA provides affordable insurance for some, and taxes others. Here's how it affects you.
Real GDP is the economic output of a country with inflation taken out. Nominal GDP leaves it in. Here's the real GDP formula, and how it's used.
The Stock Market Crash of 1929 kicked off the Great Depression. Here's the facts behind this devastating crash, what caused it and its effects.
Will the U.S. dollar collapse, and if so, when? Here's the causes, what happens if it did, and how to protect your finances.
Expansionary monetary policy is when a central bank increases the money supply to stimulate the economy. Here's its effects, with examples.
The business cycle is the four stages of expansion and contraction in an economy. What GDP to expect, causes, how it's controlled.
The U.S. debt to China is $1.224 trillion. Here's why America owes so much to China, and what happens if China calls in its loans.
The auto industry bailout of GM, Ford and Chrysler cost $80 billion, but most has been recovered. Here's what happened and whether it was worth it.
The value of the U.S. dollar is measured in 3 ways: exchange rates, Treasury yields and foreign currency reserves. Here's what they're telling you.
Definition of the year-over-year growth rate, how to calculate it, and why using it gives a better sense of a trend than comparing month to month.
The Great Depression of 1929 was a 10-year global economic crisis where world trade fell 65%. Here's causes, impact and chances of recurrence.
The $18 trillion U.S. national debt is owned by Social Security, the Fed, and foreign investors. Here's the major owners as of February 2015.
GDP is the measurement of a country's total output. Here's how Gross Domestic Product is calculated, real vs nominal, and GDP vs GNP.
Fiscal policy is how the government uses taxing and spending to expand or contract economic growth. How it differs from monetary policy.
Monetary policy is how central banks manage liquidity to sustain a healthy economy. Here's its 2 objectives, the 2 policy types, and the tools used.
The U.S. imported $2.744 trillion and exported $2.272 trillion in 2013. The biggest components of both are oil and consumer goods.
Trade protectionism is how countries raise tariffs and reduce imports to protect their domestic industries. Here's pros, cons and examples.
Here's national U.S. debt by year, compared to the size of the economy and whether there was a recession, war or other catastrophe.
A traditional economy relies on hunting, fishing and agriculture. It's guided by traditions. Until the Depression, most of America was traditional.
A summary of the most popular unemployment solutions, which ones work, and which are the most cost effective solutions.
A market economy is where production of goods and services are regulated by the laws of supply and demand. Here's pros, cons and examples.
What causes inflation? The 3 real reasons are demand-pull, cost-push and monetary expansion. Here's what creates those conditions.
NAFTA's purpose is to increase trade in North America. Its history began in 1981, when Ronald Reagan campaigned for this free trade zone..
The US debt is more than $18 trillion, the largest in the world. Here's the 3 reasons it grew so large, and how it damages U.S. economic growth.
What are the four major components of GDP? Find out what makes up those components, and why personal consumption drives nearly 70% of the economy.
U.S GDP by year measures the output of the U.S. economy during the years since the Great Depression. Compare to growth rate and GDP per capita,
The Fed funds rate is the interest rate banks charge each other to borrow funds overnight to maintain the reserve requirement.
The 2015 Federal poverty level is the guideline that determines who can receive assistance. It's used for Medicaid, food stamps, and Obamacare.
What was the Dust Bowl of the Great Depression, why did the Dust Bowl happen, and could the Dust Bowl happen again?
Contractionary monetary policy is when central banks raise interest rates, reducing the money supply, to avoid inflation. How it works and examples.
NAFTA cost many workers their jobs in the U.S., and led to exploitation of workers in Mexico. Find out the 6 problems of NAFTA.
The budget deficits for each President all the way back to President Woodrow Wilson. Presidents Bush and Obama had the highest deficits.
There are 4 types of inflation: creeping, walking, galloping and hyper. How cost-push and demand-pull cause them. Plus asset, core and wage inflation.
The advantages of NAFTA for Mexico, Canada and the U.S. include an increase in trade which has contributed to economic growth.
The 5 determinants of demand are price, income, prices of related goods, tastes, and expectations. A 6th, for aggregate demand, is number of buyers.
The truth about Obamacare behind the 14 biggest myths that people actually believe. Test your knowledge to make sure you aren't being misled.
The U.S. Federal budget deficit will be $474 billion in FY 2015. That's a third of the all-time record deficit of $1.4 trillion, set in FY 2009.
A mixed economy combines the advantages and disadvantages of market, command and traditional economies. Here's examples and U.S. status.
The Trans-Pacific Partnership (TPP) removes export barriers between the U.S. and 11 countries bordering the Pacific. Here's pros,cons and next steps.
The 9/11 attacks deepened the 2001 recession, led to the War on Terror, and helped create the largest debt in U.S. history.
A command economy subjugates individual self-interest to a greater societal or economic goals. It's great at mobilizing economic growth quickly.
Hurricane Katrina was the most destructive natural disaster in U.S. history. It struck the heavily-populated City of New Orleans and Gulf oil fields.
Black Tuesday (October 29, 1929) was the worst day of the 1929 stock market crash. Here's the facts, what caused it, and why no one could stop it.
The value of a dollar today is much lower than it was 100 years ago. In 1913, $1 could buy what $23.63 does today. Here's why.
Gold prices fell to $1,154 an ounce at the end of 2014. Here's gold price history in the Roman Empire, Great Britain and the United States.
U.S. income inequality has worsened significantly in the past 30 years. What is the cause, what can be done about it, and how does it affect you?
Quantitative Easing is when a central bank adds credit to its member banks' reserves in exchange for their securities. How it's worked.
Foreign direct investment, or FDI, is when businesses from one country invest in businesses in another one. How it works, pros, and cons.
NATO is an alliance of 28 members that agree to defend its North Atlantic members. It's being called into action thanks to the crisis in Ukraine.
The US military budget is $534.3 billion, but total defense spending is $786.6 billion. Why? All the components are hidden in other budgets.
Reaganomics promised to slash government spending and taxes to stimulate the economy out of stagflation and the 1980 recession. It worked, but at a cost.
The U.S. debt increased $7 trillion during the Obama Administration. But how much did Obamacare, the Stimulus and other programs really add?
The US trade deficit with China is the largest in the world, and a sign of global economic imbalance. Here's its causes, effects and remedies.
The 3 main types of unemployment are structural, frictional and cyclical. To get 5 types, add seasonal and classical. But there's really 9 types in all.
The Dow historical closing high is 18,288.63 set on March 2, 2015. Here's the DJIA highs and lows during every business cycle since the Depression.
Supply-side economics is a theory that recommends lower taxes and deregulation to increase supply of capital, jobs, labor and goods/services.
The American Dream was first outlined in the Declaration of Independence, which legally protects each person's desire to pursue happiness.
Inflation is defined as when prices rise over an extended period of time. Here's what causes it, the different types, and how it's measured.
Economic recession is caused by many factors that then lead to a loss of confidence. Here's examples from the 2008, 2001 and prior recessions.
Stagflation is when economic growth stagnates while inflation rises. It only happens under unusual circumstances, like wage-price controls.
China's economy is the world's largest, thanks to being the #1 exporter. Here's causes, concerns and effects.
Deflation is when prices fall. Here are causes, how it's measured, how it's stopped, and why it's worse than inflation. Japan as an example.
A budget deficit occurs whenever a government spends more than it makes, which is nearly every year. Find out why and how it leads to debt.
Demand-pull inflation is the most common cause of inflation. It's when the demand for a good or service becomes much greater than supply, allowing producers to raise prices. Find out the circumstances that create demand-pull inflation as illustrated by examples.
What was in President Barack Obama's economic stimulus package, and how well did it succeed?
Obamacare is the Affordable Care Act. It requires you to have health insurance or pay a tax. Here's how it changes your life.
The GDP growth rate tells you how fast a county's economy is growing. It compares real GDP from one quarter to the next.
The debt crisis in Greece threatens the eurozone. Here's the causes, and what happens if Greece leaves the eurozone or defaults.
Find out the similarities and differences between the economic policies of President Obama and President Bush.
Real GDP per capita is the economic output of a country by person taking out the effect of inflation.
The European Union (EU) is a single monetary entity comprised of 28 fiscally independent countries. How it works, stats, and history.
Structural unemployment is defined as unemployment caused by a mismatch between jobs and skills, or other long-term changes in the economy.
Not every jobless person is counted as unemployed. Here's the definition, how statistics are used, causes and consequence of unemployment.
Competitive advantage is what makes you better than anyone else. Here's the 3 strategies that work: cost leadership, differentiation and focus.
Mexico's economy is becoming more attractive to investors, as President Pena Nieto opens up its energy industries.
Fiscal Year (FY) is a business or government's financial year. It's usually not the calendar year. Examples from Federal government.
Inelastic demand is when the quantity bought doesn't change as much as the price does. Here's how to calculate it, examples and the other 2 types.
Hillary Clinton's 2016 economic platform and how it would affect the U.S. economy. Summaries of prior economic policies. Brief bio.
What is the Federal Reserve doing to control inflation? Find out the tools the Fed uses to manage inflation and even the expectation of inflation.
The trade deficit is when a country imports more than it exports. Here's causes, effects, U.S. definition, and its role in the balance of payments.
The Federal Reserve System is America's central bank. It prevents inflation and reduces unemployment using monetary policy. Here's how it works.
A U.S. economic collapse could occur within weeks, as it almost did on September 17, 2008. Several things could cause it, but there are steps you can take to protect yourself.
The ideal GDP growth rate is one that enable the economy to grow at a healthy rate. If growth is too fast, the economy risks inflation. If growth is too slow, the economy risks recession or even depression.
A summary of President Ronald Reagan's economic policies, Reaganomics, supply-side economics and the recession of 1981.
The world's largest economy is China, which replaced the United States in 2014. The EU is third, after being #1 in 2007. Here's why.
A monopoly is the sole provider of a good or service. Here's 4 ways they prevent free trade, 1 reason they're needed, and their history in the U.S.
Your Obamacare costs depends on 5 factors: income, family size, age, location and type of plan. Here's what you need to know before buying insurance.
Jobs outsourcing is how U.S. companies hire lower-paid workers in emerging markets instead of Americans.Here's the different types of outsourcing, and their impact.
The history of U.S. recessions since the Great Depression. Their causes, length, GDP (original and revised), and unemployment.
A dollar decline is very different from a collapse. Here's why, the causes, effects and how to protect yourself from both.
The consequences of inflation and the effects of inflation on buying power.
Cyclical unemployment is when demand falls, and businesses lay off workers. Here's causes, effects, examples and solutions.
Cost-push inflation causes rising prices by driving up the costs of supply. It doesn't occur very often, but when it does, it's devastating.
The U.S. economic outlook is expansion for 2015 and beyond. Here's the latest forecasts for GDP growth, job creation and oil production.
The U.S. deficit adds to the debt each year, while interest on the debt increases the deficit. This spiraling cost will hurt economic growth.
High gas prices are caused by futures investments, not supply and demand. Find out why prices are high, and why they rose from 2008 to the present.
A current account deficit is when a country imports more goods, services and capital than it exports. Here's its causes and effects.
The definition of cultural diversity, and why it matters in the workplace. How diversity, if managed correctly, can increase profits.
A definition of interest rates, including the APR. How interest rates work to stimulate or slow economic growth.
Oil price forecasts from the EIA and the OECD for 2015 through 2020. Why they plummeted in 2014, and why they'll rebound in 2015.
The LIBOR rate is what banks charge each other for short-term loans. It's determined by ICE from a survey of banks. It hovers near the Fed funds rate.
Oligarchy countries include Russia, China, and Saudi Arabia. Here's the top 6, why they're oligarchies, who's involved, and how they got that way.
The Dodd-Frank Wall Street Reform Act regulates the practices of Wall Street to prevent another financial crisis. Here's a summary of the Act.
Oil prices are determined by commodities market trading. The 3 factors that affect them are supply, demand and reserves.
Obamacare explained in a way that's simple enough for even your kids. The basic facts that you need to know now.
Treasury bills, bonds and notes have different maturities. Notes are issued at 2,3,5 and 10 years. Treasury notes fund the U.S. debt.
An introduction to the financial markets, including stocks, bonds, commodities, forex, derivatives and their exchanges.
GDP per capita is the economic output (Gross Domestic Product) of a country by person. How it's measured. 10 richest and poorest countries.
When gold prices are high, the economy is in crisis or inflation. When they're low, the economy is healthy. Here's the history, and how to invest..
An economic recession is when growth slows, usually due to a fall-off in consumer demand. As sales drop off, businesses stop expanding.
How much does NASA cost? What's the impact of the NASA budget on the U.S. economy.
On April 20, 2010, an explosion at the BP drill site created the largest oil spill in the U.S. Compare the economic impact to other environmental disasters.
The World Bank's purpose is to provide financial and technical support to developing countries.
Exchange rates determine how much the dollar, or any other foreign currency, is worth compared to another country's currency.
Inflation increased 0.2% in March 2015, while the core rate increased 1.8% YOY. Here's the reasons, and what it means, for each month since 2006.
The euro to dollar conversion is how many dollars a euro will buy. Here's why it fell to an 12-year low, and how that compares to prior years.
Hyperinflation is double-digit inflation. It's usually caused by printing too much money. Here's the difference between hyperinflation and inflation.
The real unemployment rate includes discouraged and part-time workers. It's 11.0%, double the widely-reported rate. Is the government lying?
The public debt is how much a government owes to creditors outside of itself. Here's pros and cons, how it's measured, and when it's too high.
Elastic demand is when consumers are really sensitive to price changes for a good or service. Here's how to calculate it, examples, and other types.
An asset bubble is inflation in specific assets, such as currencies, gold or stocks. Here's causes, how to protect yourself, and recent bubbles.
The unemployment rate for March 2015 remained at 5.5%. Here's the monthly unemployment rate statistics since April 2007.
Hedge funds are private investment funds that promise great rewards, but also present great risks to both investors and the economy.
What has Obama done? Here's his top 5 accomplishments, and how they've affected the U.S. economy. Compare his record to that of other Presidents.
The U.S. trade deficit in 2013 was $539.514 billion. Here's a summary of what's traded, what causes the deficit, and America's largest trade partner.
The debt to GDP ratio is how much debt a country has incurred as a percentage of its total economic output as measured by GDP. Here's how it's used.
NASDAQ definition, what it stands for, and the difference between NASDAQ, NYSE, Dow and S&P 500. NASDAQ bubbles and crashes
The Consumer Price Index (CPI Index) measures inflation each month. Here's how it's calculated and the importance of the Core CPI.
A brief history of the gold standard, including when the U.S. went off the gold standard, and why.
Capital goods are the machinery, equipment and buildings used by businesses to create supply. Find examples and how it differs from consumer goods.
How crude oil prices are measured, and how prices impact you and the economy. Recent oil price trends and history.
Discretionary fiscal policy is the portions of Federal government taxes and spending that can be changed from year to year.
Liquidity is the amount of capital available, and how easily it is to use. Here's how central banks and businesses manage liquidity.
Frictional unemployment is when workers voluntarily become unemployed while searching for a better job or moving for unrelated reasons.
Tariffs are taxes or duties levied on imports, usually to protect domestic industries and jobs. Instead, they often do the opposite. Here's examples.
The balance of trade is the difference between a country's exports and its imports. Balance of trade vs payments. Dangers of trade surplus. Components.
What is banking? The definition of banking, its critical role in the US economy, and how that has changed.
Mortgage-backed securities are tradeable assets backed by mortgages, allowing banks more cash to make loans. All went well, until housing prices fell.
Facts about the NAFTA agreement, including its pros and cons, and its purpose.
Trickle-down economics is a theory that says reducing taxes on businesses will trickle down to benefit all. Did it work, and would it today?
Mortgages rates have been rising since falling to a 200-year low in 2012 . Here's how falling demand for U.S. Treasury notes makes sure that continues.
The U.S. economy grew 0.2% in the first quarter, thanks to 3 unrelated causes. Compare to all GDP forecasts since 2011.
Obamacare works for you by making sure you can get insurance. Beyond that, it depends on your particular circumstance. Find out how it works for you.
Multilateral trade agreements are between three or more countries at once. Here's more on the WTO, GATT, Doha, and major U.S. agreements.
Black Thursday in 1929 was the first day of the stock market crash that started the Great Depression. Here's facts about its causes and effects.
Demand in economics is the quantity of goods and services bought at various prices during a period of time. Explanation of law, determinants, curve.
Emerging markets have low incomes, which make them prospects for high growth. However, they are also highly volatile, making them risky for investors.
The U.S. Treasury 10-year note yield is the return on investment. It's so important because it guides other interest rates, like a 15-year mortgage.
The balance of payments is a country's international trade plus the financial transactions that make it possible. Here's its components.