US Economy: Most Popular Articles
The Greece debt crisis means it defaults on its IMF debt and may leave the eurozone. Here's the causes, and what happens now.
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.
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 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.
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 $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.
Obamacare has many pros and cons. The ACA provides affordable insurance for some, and taxes others. Here's how it affects 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 U.S. debt increased $7 trillion during the Obama Administration. But how much did Obamacare, the Stimulus and other programs really add?
The budget deficits for each President all the way back to President Woodrow Wilson. Presidents Bush and Obama had the highest deficits.
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.
Austerity measures are steps governments take to reduce deficits and avoid a debt crisis. Pros and cons. Examples of U.S. and EU measures.
Year-over-year measures statistical changes against the same time period last year.How to calculate, pros, cons and examples.
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.
A traditional economy relies on hunting, fishing and agriculture. It's guided by traditions. Until the Depression, most of America was traditional.
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 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.
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.
Find out the similarities and differences between the economic policies of President Obama and President Bush.
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 European Union (EU) is a single monetary entity comprised of 28 fiscally independent countries. How it works, stats, and history.
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.
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 5 determinants of demand are price, income, prices of related goods, tastes, and expectations. A 6th, for aggregate demand, is number of buyers.
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.
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 business cycle is the four stages of expansion and contraction in an economy. What GDP to expect, causes, how it's controlled.
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 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.
Fiscal policy is how the government uses taxing and spending to expand or contract economic growth. How it differs from monetary policy.
The real unemployment rate includes discouraged and part-time workers. It's 10.5%, nearly double the official rate. Is the government lying?
The 2015 Federal poverty level is the guideline that determines who can receive assistance. It's used for Medicaid, food stamps, and Obamacare.
Although the U.S. will probably not default on its debt, you need to know what debt default is, and how it would affect the economy if the U.S. did default. Find out if other countries have defaulted on their debt, and why people are concerned about whether the U.S. will default every time the Federal Government approaches the debt ceiling.
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.
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.
What causes inflation? The 3 real reasons are demand-pull, cost-push and monetary expansion. Here's what creates those conditions.
The eurozone debt crisis is because many countries in the European Union took on too much debt. This left German banks holding the bag.
The truth about Obamacare behind the 14 biggest myths that people actually believe. Test your knowledge to make sure you aren't being misled.
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.
A debt crisis occurs when creditors think borrowers, whether a household, business or government, will default on their debts. Causes and cures.
A mixed economy combines the advantages and disadvantages of market, command and traditional economies. Here's examples and U.S. status.
Trade protectionism is how countries raise tariffs and reduce imports to protect their domestic industries. Here's pros, cons and examples.
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.
Obamacare is the Affordable Care Act. It requires you to have health insurance or pay a tax. Here's how it changes your life.
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,
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.
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.
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.
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 history of U.S. recessions since the Great Depression. Their causes, length, GDP (original and revised), and unemployment.
Exchange rates determine how much the dollar, or any other foreign currency, is worth compared to another country's currency.
The power of the US dollar means there's little danger of a collapse. It's the world's currency and it's backed by the U.S. government.
Most Favored Nation Status is when countries enjoy reciprocal trade preferences. Here's the pros, cons, and examples.
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.
An introduction to the financial markets, including stocks, bonds, commodities, forex, derivatives and their exchanges.
Obamacare explained in a way that's simple enough for even your kids. The basic facts that you need to know now.
Fiscal Year (FY) is a business or government's financial year. It's usually not the calendar year. Examples from Federal government.
A command economy subjugates individual self-interest to a greater societal or economic goals. It's great at mobilizing economic growth quickly.
A summary of the most popular unemployment solutions, which ones work, and which are the most cost effective solutions.
The U.S. imported $2.744 trillion and exported $2.272 trillion in 2013. The biggest components of both are oil and consumer goods.
Sovereign debt, (aka sovereign credit), is the money owed by a country's government to its creditors. The sovereign debt rating predicts how likely it is to default.
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.
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.
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 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.
The financial crisis in Iceland in 2008 led to its bankruptcy. Find out why the same could not happen in the U.S.
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.
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.
The Fed funds rate is the interest rate banks charge each other to borrow funds overnight to maintain the reserve requirement.
Interest rates are determined by the Fed funds rate and demand for U.S. Treasury notes. Here's how it works.
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.
NAFTA's purpose is to increase trade in North America. Its history began in 1981, when Ronald Reagan campaigned for this free trade zone..
Real GDP per capita is the economic output of a country by person taking out the effect of inflation.
A definition of interest rates, including the APR. How interest rates work to stimulate or slow economic growth.
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.
The unemployment rate for June 2015 fell to 5.3%. Here's the monthly unemployment rate statistics since April 2007.
A Trade Promotion Authority (TPA) allows Presidents to negotiate trade agreements more efficiently. That's why it's called fast-track authority.
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.
The GDP growth rate tells you how fast a county's economy is growing. It compares real GDP from one quarter to the next.
A sovereign debt crisis is when a country can't pay its bills. Compare the U.S., European, Greece, and Iceland debt crises.
What was in President Barack Obama's economic stimulus package, and how well did it succeed?
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.
Quantitative Easing is when a central bank adds credit to its member banks' reserves in exchange for their securities. How it's worked.
Between 2010- 2013, the U.S. faced a debt crisis each year as tea party Republicans resisted raising the debt ceiling. Here's why it didn't work.
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.
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.
China's economy is the world's largest, thanks to being the #1 exporter. Here's causes, concerns and effects.
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.
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.
Foreign direct investment, or FDI, is when businesses from one country invest in businesses in another one. How it works, pros, and cons.
Health care reform was desperately needed. Here's four reasons why.
Expansionary monetary policy is when a central bank increases the money supply to stimulate the economy. Here's its effects, with examples.
An economic recession is when growth slows, usually due to a fall-off in consumer demand. As sales drop off, businesses stop expanding.
The Consumer Price Index (CPI Index) measures inflation each month. Here's how it's calculated and the importance of the Core CPI.
A dollar decline is very different from a collapse. Here's why, the causes, effects and how to protect yourself from both.
In recent history, the Fed funds rate has ranged from 0% to 20%. Here's highs, lows, and a historical chart with major economic events.
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.
Competitive advantage is what makes you better than anyone else. Here's the 3 strategies that work: cost leadership, differentiation and focus.
The law of demand states that the quantity bought depends on the price, ceteris paribus. Explanation using demand schedule, curve and determinants.
Recent news developments lead many to believe another depression is inevitable if it hasn't started already. Here's the arguments pro and con. Page 2.
Is the Federal Reserve really printing money? Its ability to create credit out of thin air has the same effect, and creates asset bubbles.
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.
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 advantages of NAFTA for Mexico, Canada and the U.S. include an increase in trade which has contributed to economic growth.
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.
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.
The Dow Jones Averages include the Industrial Average (DJIA), the Transportation Average and the Utility Average. Here's what they tell you.
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.
Money has value, but who determines how valuable money is? Find out the different ways money is valued, and why the value of money keeps changing.
The 3 main types of unemployment are structural, frictional and cyclical. To get 5 types, add seasonal and classical. Here's all 9 types.
The IMF is a worldwide organization that works with its 187 member countries to stabilize the global economy. Here's its history and who runs it.
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.
What is banking? The definition of banking, its critical role in the US economy, and how that has changed.
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?
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.
Hyperinflation is when prices rise more than 50% a month. Here's the causes, some examples, and how to survive.
Here's 10 reasons why the U.S. economy isn't in imminent danger of collapsing.
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..
The power and resiliency of the U.S. economy creates both growth and a high standard of living.
GDP per capita is the economic output (Gross Domestic Product) of a country by person. How it's measured. 10 richest and poorest countries.
Contractionary monetary policy is when central banks raise interest rates, reducing the money supply, to avoid inflation. How it works and examples.
Manufacturing jobs create new products from raw materials. They pay well, but are disappearing thanks to robotics.
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.
Mexico's economy is becoming more attractive to investors, as President Pena Nieto opens up its energy industries.
Demand in economics is the quantity of goods and services bought at various prices during a period of time. Explanation of law, determinants, curve.
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.
Membership in the WTO (World Trade Organization) confers many trade benefits. That's why 159 countries are members.Who are they?
Oil prices are determined by commodities market trading. The 3 factors that affect them are supply, demand and reserves.
The best way to compare GDP by country depends on your purpose. Here's when to use purchasing power parity, official exchange rate or GDP per capita.
How is the Federal Reserve monetizing debt? By buying U.S. Treasuries. Where does it get the money? Like other central banks -- out of thin air.
Bonds affect mortgage interest rates because they both appeal to investors who want a fixed return and low risk. Here's how that works.
Hedge funds are private investment funds that promise great rewards, but also present great risks to both investors and the economy.
The natural unemployment rate is the combination of frictional, structural and surplus unemployment. Here's recent shifts that could be permanent.
The definition of cultural diversity, and why it matters in the workplace. How diversity, if managed correctly, can increase profits.
Oil price forecasts from the EIA and the OECD for 2015 through 2020. Why they plummeted in 2014, and why prices rebounded in 2015.
A central bank is an semi-independent government authority that conducts monetary policy, regulates banks, and provide financial services.
The 9/11 attacks deepened the 2001 recession, led to the War on Terror, and helped create the largest debt in U.S. history.
What is wrong with Obamacare? Here's 11 problems the ACA has created, most of them unanticipated.
The U.S. economy shrank 0.2% in the first quarter, thanks to 3 unrelated causes. Compare to all GDP forecasts since 2011.
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 Dodd-Frank Wall Street Reform Act regulates the practices of Wall Street to prevent another financial crisis. Here's a summary of the Act.
An easy-to-understand summary of Obamacare and how it affects your particular circumstance.
A brief history of the gold standard, including when the U.S. went off the gold standard, and why.
The labor force participation rate is the labor force divided by the population. Here's current and historical examples.
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 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.
Healthcare fraud costs the patients, taxpayers and the the healthcare industry, billions. Find out how it can be reduced by healthcare reform.
Since 1944, the U.S. dollar is used as the default global currency. Why calls for another global currency will fail.
A summary of the US Regional Trade Agreements including TTIP, TPP, NAFTA, CAFTA, MEFTI, FTAA, ASEAN and APEC.