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.
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.
A traditional economy relies on hunting, fishing and agriculture. It's guided by traditions. Until the Depression, most of America was traditional.
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.
International trade is the exchange of goods and services between countries. Here's its importance to the U.S. economy, and its pros and cons.
The budget deficits for each President all the way back to President Woodrow Wilson. Presidents Bush and Obama had the highest deficits.
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.
The business cycle is the four stages of expansion and contraction in an economy. What GDP to expect, causes, how it's controlled.
Year-over-year measures statistical changes against the same time period last year.How to calculate, pros, cons and examples.
A command economy subjugates individual self-interest to a greater societal or economic goals. It's great at mobilizing economic growth quickly.
The 5 determinants of demand are price, income, prices of related goods, tastes, and expectations. A 6th, for aggregate demand, is number of buyers.
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.
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.
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.
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.
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 $18 trillion U.S. national debt is owned by Social Security, the Fed, and foreign investors. Here's the major owners as of June 2015.
Obamacare has many pros and cons. The ACA provides affordable insurance for some, and taxes others. Here's how it affects you.
The advantages of NAFTA for Mexico, Canada and the U.S. include quadrupling of trade, boosting growth and jobs for all three.
A mixed economy combines the advantages and disadvantages of market, command and traditional economies. Here's examples and U.S. status.
Real GDP per capita is the economic output of a country by person taking out the effect of inflation.
The Dow historical closing high is 18,312.39 set on May 19, 2015. Here's the DJIA highs and lows during every business cycle since the Depression.
The U.S. debt increased $7 trillion during the Obama Administration. But how much did Obamacare, the Stimulus and other programs really add?
The U.S. imported $2.744 trillion and exported $2.272 trillion in 2013. The biggest components of both are oil and consumer goods.
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.
Trade protectionism is how countries raise tariffs and reduce imports to protect their domestic industries. Here's pros, cons and examples.
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 GDP growth rate tells you how fast a county's economy is growing. It compares real GDP from one quarter to the next.
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.
What causes inflation? The 3 real reasons are demand-pull, cost-push and monetary expansion. Here's what creates those conditions.
The 2015 Federal poverty level is the guideline that determines who can receive assistance. It's used for Medicaid, food stamps, and Obamacare.
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.
A summary of the most popular unemployment solutions, which ones work, and which are the most cost effective solutions.
NAFTA's purpose is to increase trade in North America. Its history began in 1981, when Ronald Reagan campaigned for this free trade zone..
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 truth about Obamacare behind the 14 biggest myths that people actually believe. Test your knowledge to make sure you aren't being misled.
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.
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.
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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 U.S. Federal budget deficit will be $474 billion in FY 2016. That's a third of the all-time record deficit of $1.4 trillion, set in FY 2009.
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 American Dream was first outlined in the Declaration of Independence, which legally protects each person's desire to pursue happiness.
Inelastic demand is when the quantity bought doesn't change as much as the price does. How to calculate it, examples and 2 other types.
Unemployment is caused when someone is laid off, fired or quits -- and is still looking for a job.
NAFTA is the trade agreement between the United States, Canada and Mexico. Here's its meaning, and those of other related trade terms.
The European Union (EU) is a single monetary entity comprised of 28 fiscally independent countries. How it works, stats, and history.
The American Dream today has drifted far away from that envisioned by the Founding Fathers. Here's what it was, and what it should be.
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.
The real unemployment rate includes discouraged and part-time workers. It's 10%, nearly double the official rate. Is the government lying?
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.
The 9/11 attacks deepened the 2001 recession, led to the War on Terror, and helped create the largest debt in U.S. history.
The Fed funds rate is the interest rate banks charge each other to borrow funds overnight to maintain the reserve requirement.
The Greece debt crisis is a clash between the Eurozone's monetary and political system. Here's news, causes, and consequences.
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.
Hurricane Katrina was the most destructive natural disaster in U.S. history. It struck both heavily-populated areas and Gulf oil fields.
Find out the similarities and differences between the economic policies of President Obama and President Bush.
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.
Foreign direct investment, or FDI, is when businesses from one country invest in businesses in another one. How it works, pros, and cons.
The US military budget is $763.9 billion once you add components hidden in other budgets. Here's the breakout since 2006.
Why is Black Friday called Black Friday? It started out as a negative, but was later turned to a positive. Here's where the term came from.
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.
Your Obamacare costs depend on 5 factors: income, family size, age, location and type of plan. Here's what you must know before buying insurance.
The Transatlantic Trade and Investment Partnership (TTIP) removes export barriers between the U.S. and the EU. Here's impact, pros and cons.
Obamacare explained in a way that's simple enough for even your kids. The basic facts that you need to know now.
Capitalism is an economic theory where production is privately owned and distributed by the laws of supply and demand. Here's pros, cons and examples.
Fiscal policy is how the government uses taxing and spending to expand or contract economic growth. How it differs from monetary policy.
The law of demand states that the quantity bought depends on the price, ceteris paribus. Explanation using demand schedule, curve and determinants.
Unemployment is people who do not have a job, have actively looked for work in the past four weeks, and are currently available for work.
Too big to fail describes companies that are so large, their bankruptcy could threaten the overall economy.
Fiscal Year (FY) is a business or government's financial year. It's usually not the calendar year. Examples from Federal government.
The labor force participation rate is the labor force divided by the population. In September, it was 62.4%. Compare to historical examples.
China's economy is the world's largest, thanks to being the #1 exporter. Here's causes, concerns, and impact on the United States.
Competitive advantage is what makes you better than anyone else. Here's the 3 strategies that work: cost leadership, differentiation and focus.
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 unemployment rate for August 2015 fell to 5.1%. Here's the monthly unemployment rate statistics since April 2007.
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.
Hedge funds are private investment funds that promise great rewards, but also present great risks to both investors and the economy.
Frictional unemployment is when workers voluntarily become unemployed while searching for a better job or moving for unrelated reasons.
The national unemployment rate is the number of people looking for a job divided by the number in the labor force. How it's used.
The 3 main types of unemployment are structural, frictional and cyclical. To get 5 types, add seasonal and classical. Here's all 9 types.
What was in President Barack Obama's economic stimulus package, and how well did it succeed?
Oil price forecasts from the EIA and the OECD for 2015 through 2040. Why they plummeted in 2014, and what happens next.
What was the Dust Bowl of the Great Depression, why did the Dust Bowl happen, and could the Dust Bowl happen again?
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.
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.
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.
An depression is several years of economic contraction. Here's the causes, how it was averted in 2008, and why it won't happen again.
The boom and bust cycle is the economic expansion and contraction in the business cycle. Here's causes and recent history.
Reaganomics promised to slash government spending and taxes to end stagflation and the 1980 recession. It worked, but at a cost.
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.
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.
An introduction to the financial markets, including stocks, bonds, commodities, forex, derivatives and their exchanges.
Structural unemployment is defined as unemployment caused by a mismatch between jobs and skills, or other long-term changes in the economy.
Manufacturing jobs create new products from raw materials. They pay well, but are disappearing thanks to robotics.
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.
Hillary Clinton's 2016 economic platform and how it would affect the U.S. economy. Summaries of prior economic policies. Brief bio.
Free trade agreements are hotly disputed. Here's the pros, cons and solutions.
Demand in economics is the quantity of goods and services bought at various prices during a period of time. Explanation of law, determinants, curve.
An economic recession is when growth slows, usually due to a fall-off in consumer demand. As sales drop off, businesses stop expanding.
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.
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 Federal Reserve System is America's central bank. It prevents inflation and reduces unemployment using monetary policy. Here's how it works.
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.
GDP per capita is the economic output (Gross Domestic Product) of a country by person. How it's measured. 10 richest and poorest countries.
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.
Expansionary monetary policy is when a central bank increases the money supply to stimulate the economy. Here's its effects, with examples.
The history of U.S. recessions since the Great Depression. Their causes, length, GDP (original and revised), and unemployment.
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.
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.
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 unemployment rate formula is the number of people looking for a job divided by the number in the labor force. Here's how to calculate it.
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.
Gold price history was below $1,000 an ounce until 2009. Here's U.S. gold prices since 1929, and during the Roman Empire and Great Britain.
Mexico's economy is becoming more attractive to investors, as President Pena Nieto opens up its energy industries.
Interest rates are determined by the Fed funds rate and demand for U.S. Treasury notes. Here's how it works.
A brief history of the gold standard, including when the U.S. went off the gold standard, and why.
The U.S. dollar rate what a dollar is worth in another currency. Here's the forces affecting its rate vs the euro, rupee, pound and yen.
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.
Oil prices are determined by commodities market trading. The 3 factors that affect them are supply, demand and reserves.
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.
Central banks use 3 main tools: open market operations, discount rate and reserve requirement. Thanks to the Great Recession, there are now many more.
Cyclical unemployment is when demand falls, and businesses lay off workers. Here's causes, effects, examples and solutions.
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.
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.
High gas prices are caused more by futures traders than supply and demand. Heres' the causes of high gas prices from 2008 - 2015.
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.
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?
Contractionary monetary policy is when central banks raise interest rates, reducing the money supply, to avoid inflation. How it works and examples.
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.
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 balance of trade is the difference between a country's exports and its imports. Balance of trade vs payments. Dangers of trade surplus. Components.
Crude oil prices affect 71% of gas prices. Here's how swings in oil prices affected gas prices from 2008 to the present.
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 U.S. debt clock tracks the national debt, which hit $18 trillion on 12/15/14. Find out its history, where it is, and other ways to track debt.
An asset bubble is inflation in specific assets, such as currencies, gold or stocks. Here's causes, how to protect yourself, and recent bubbles.
What is wrong with Obamacare? Here's 11 problems the ACA has created, most of them unanticipated.
The power and resiliency of the U.S. economy creates both growth and a high standard of living.
Tariffs are taxes or duties levied on imports, usually to protect domestic industries and jobs. Instead, they often do the opposite. Here's examples.
NASDAQ definition, what it stands for, and the difference between NASDAQ, NYSE, Dow and S&P 500. NASDAQ bubbles and crashes
A summary of the US Regional Trade Agreements including TTIP, TPP, NAFTA, CAFTA, MEFTI, FTAA, ASEAN and APEC.
Quantitative Easing is when a central bank adds credit to its member banks' reserves in exchange for their securities. How it's worked.
A definition of interest rates, including the APR. How interest rates work to stimulate or slow economic growth.
The definition of cultural diversity, and why it matters in the workplace. How diversity, if managed correctly, can increase profits.
Across-the-board tax cuts are not the best way to create jobs. Payroll tax cuts that target new hires are the most effective.
U.S. Treasury yields are determined by demand for the bonds themselves. As the bond prices rise, the yield falls. Here's why, and an outlook.
Here's Federal deficit by year, and what caused it.
What exactly was in the 2008 bank bailout bill, how much was actually spent, and how well it addressed the financial crisis.
Oil prices in 2015 are rebounding from a 40% drop in 2014. Here's recent causes of high oil prices.
An oligarchy is group of influential people or businesses that manage a society. Here's pros, cons, examples of countries, and whether the U.S. is one.