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 U.S. debt to China is $1.25 trillion. Here's why America owes so much to China, and what happens if China calls in its loans.
A traditional economy relies on hunting, fishing and agriculture. It's guided by traditions. Until the Depression, most of America was traditional.
The 2015 Federal poverty level is the guideline that determines who can receive assistance. It's used for Medicaid, food stamps, and Obamacare.
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.
Obamacare has many pros and cons. The ACA provides affordable insurance for some, and taxes others. Here's how it affects you.
A market economy is where production of goods and services are regulated by the laws of supply and demand.
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.
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.
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 business cycle is the four stages of expansion and contraction in an economy. What GDP to expect, causes, how it's controlled.
The budget deficits for each President all the way back to President Woodrow Wilson. Presidents Bush and Obama had the highest deficits.
A command economy subjugates individual self-interest to a greater societal or economic goals. It's great at mobilizing economic growth quickly.
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.
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.
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.
A mixed economy combines the advantages and disadvantages of market, command and traditional economies. Here's examples and U.S. status.
The $18 trillion U.S. national debt is owned by Social Security, the Fed, and foreign investors. Here's the major owners as of January 2015.
What caused and finally ended the Great Depression of 1929. Life and unemployment during 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?
Quantitative Easing can be explained as expanded open market operations, where central banks buy securities to boost the economy. Did QE1 - QE4 work?
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.
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.
The euro to dollar conversion is how many dollars a euro will buy. Here's why it fell to an 11-year low, and how that compares to prior years.
A current account deficit is when a country imports more goods, services and capital than it exports. Here's its causes and effects.
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.
The 5 determinants of demand are price, income, prices of related goods, tastes, and expectations. A 6th, for aggregate demand, is number of buyers.
Fiscal policy is government spending, taxation and its economic impact. Here's contractionary, expansionary and how it differs from monetary policy.
The US military budget is $495.6 billion, but total defense spending is $738.8 billion. Why? All the components are hidden in other budgets.
Obama's State of the Union Address (January 20, 2015) outlines his priorities. Here's a summary, its economic impact, and past SOTUs.
Fiscal Year (FY) is a business or government's financial year. It's usually not the calendar year. Examples from Federal government.
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 U.S. imported $2.744 trillion and exported $2.272 trillion in 2013. The biggest components of both are oil and consumer goods.
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.
Why the value of a dollar today keeps shrinking. How to calculate the value of a dollar.
The Dow historical closing high is 18,053.71 set December 26, 2014. Here's the DJIA highs and lows during every business cycle since the Depression.
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.
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,
What was the Dust Bowl of the Great Depression, why did the Dust Bowl happen, and could the Dust Bowl happen again?
Trade protectionism is how countries raise tariffs and reduce imports to protect their domestic industries. Here's pros, cons and examples.
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.
Foreign direct investment, or FDI, is when businesses from one country invest in businesses in a foreign country. How it works, and the pros and cons.
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 between the U.S., Canada and Mexico. Here's the history of NAFTA, including 3 Presidents and its many critics.
What was in President Barack Obama's economic stimulus package, and how well did it succeed?
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.
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.
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.
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.
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.
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.
A summary of the most popular unemployment solutions, which ones work, and which are the most cost effective solutions.
The advantages of NAFTA for Mexico, Canada and the U.S. include an increase in trade which has contributed to economic growth.
Find out the similarities and differences between the economic policies of President Obama and President Bush.
Oil prices are determined by commodities market trading. The 3 factors that affect them are supply, demand and reserves. How that affects traders' perceptions.
The GDP growth rate tells you how fast a county's economy is growing. It compares real GDP from one quarter to the next.
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.
The U.S. Federal budget deficit will be $564 billion in FY 2015. That's a third of the all-time record deficit of $1.4 trillion, set in FY 2009.
The European Union (EU) is a single monetary entity comprised of 28 fiscally independent countries. Here's how it works, and how it created a crisis.
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.
Find out how Obamacare's complex taxes affect you, especially in 2014. How Obamacare taxes and credits affect businesses.
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.
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.
How crude oil prices affect gas prices, and how swings in oil prices affected gas prices from 2008 to the present.
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.
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 real unemployment rate is 11.2% for December 2014, nearly double the reported rate of 5.6%. Is the government lying? Not exactly, and here's why.
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.
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.
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.
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.
A definition of interest rates, including the APR. How interest rates work to stimulate or slow economic growth.
The 9/11 attacks had long-ranging economic impacts. Not only did they deepen the 2001 recession, they led to the War on Terror. These costs helped create the largest debt in U.S. history.
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?
The Fed funds rate is the target interest rate banks charge each other to borrow funds overnight to maintain the Federal reserve requirement.
An economic recession is when growth slows, usually due to a fall-off in consumer demand. As sales drop off, businesses stop expanding.
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.
Will the chronic dollar decline cause a collapse? How to protect yourself from it.
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.
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.
Expansionary monetary policy is when a central bank increases the money supply to stimulate the economy. Here's its effects, with examples.
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.
Obamacare explained in a way that's simple enough for even your kids. The basic facts that you need to know now.
The Consumer Price Index (CPI Index) measures inflation each month. Here's how it's calculated and the importance of the Core CPI.
The definition of cultural diversity, and why it matters in the workplace. How diversity, if managed correctly, can increase profits.
Manufacturing jobs create new products from raw materials. They pay well, but are disappearing thanks to robotics.
QE4 (January 2013 - October 2014) was the Fed's fourth round of Quantitative Easing. It was unprecedented because it set 2 definite targets.
Competitive advantage is what makes you better than anyone else. Here's the 3 strategies that work: cost leadership, differentiation and focus.
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 US trade deficit with China is the largest in the world, and a symptom of global economic imbalance. Here's its causes, effects and remedies.
The history of gold prices since the Roman Empire show that the precious metal's record-high prices in 2011 were part of an asset bubble.
Exchange rates determine how much the dollar, or any other foreign currency, is worth compared to another country's currency.
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.
NASDAQ definition, what it stands for, and the difference between NASDAQ, NYSE, Dow and S&P 500. NASDAQ bubbles and crashes
Real GDP per capita is the economic output of a country by person taking out the effect of inflation.
The Federal Reserve System is America's central bank. It prevents inflation and reduces unemployment using monetary policy. Here's how it works.
The unemployment rate for November 2014 remained at 5.8%. Here's the current and original unemployment rate statistics for every month since April 2007.
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.
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.
An easy-to-understand summary of Obamacare and how it affects your particular circumstance.
The history of U.S. recessions since the Great Depression. Their causes, length, levels of GDP (original and revise), and unemployment rates.
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.
Mexico's economy is becoming more attractive to investors, as President Pena Nieto opens up its energy industries.
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.
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.
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?
The U.S. is the world's largest economy, followed by the EU. Those two leaders are followed by China, India and Japan.
Here's how the LIBOR rate follows the Fed funds rate...except in April 2008, when its divergence signaled the bottom was falling out of the markets.
Not every jobless person is counted as unemployed. Here's the definition, how statistics are used, causes and consequence of unemployment.
Liquidity is the amount of capital available, and how easily it is to use. Here's how central banks and businesses manage liquidity.
A brief history of the gold standard, including when the U.S. went off the gold standard, and why.
Contractionary monetary policy is when central banks raise interest rates, reducing the money supply, to avoid inflation. How it works and examples.
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.
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.
China's economy is the third largest in the world, and it is the largest exporter. Here's the causes, concerns and how it impacts the U.S.
The consequences of inflation and the effects of inflation on buying power.
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.
The inflation rate is -0.4% in December 2014. The annualized core rate was .8% Here's the reasons, and what it means, for each month since 2007.
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.
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.
What is wrong with Obamacare? Here's 11 problems the ACA has created, most of them unanticipated.
An introduction to the financial markets, including stocks, bonds, commodities derivatives and their exchanges.
An asset bubbles is inflation in specific assets, such as currencies, gold or stocks. Here's causes, how to protect yourself, and recent bubbles.
The national unemployment rate is the number of people looking for a job divided by the number in the labor force. Although it's a lagging indicator, it is critical in guiding fiscal and monetary policy.
Countries peg their currency to the dollar by using a fixed exchange rate to keep the value of their currency at a certain level relative to the dollar.
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.
A breakdown of the 2015 U.S. Federal Budget, including: revenue projections, discretionary and mandatory spending, and how it adds to the debt.
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.
Stagflation is when economic growth stagnates while inflation is rising. It only happens under unusual circumstances, like wage-price controls.
Hedge funds are private investment funds that promise great rewards, but also present great risks to both investors and the economy.
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.
What is banking? The definition of banking, its critical role in the US economy, and how that has changed.
Definition of the S&P 500, one of the most closely followed stock market indices.
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.
GDP per capita is the economic output (Gross Domestic Product) of a country by person. Compare the 2013 rankings for the ten richest and ten poorest countries using GDP per capita.
The truth about Obamacare behind the 14 biggest myths that people actually believe. Test your knowledge to make sure you aren't being misled.
Interest rates are determined by the Fed funds rate and demand for U.S. Treasury notes.
Structural unemployment is defined as unemployment caused by a mismatch between jobs and skills, or other long-term changes in the economy.
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.
Hyperinflation is double-digit inflation. It's usually caused by printing too much money. Here's the difference between hyperinflation and inflation.
What is OPEC, who are OPEC members, and how does OPEC affect oil prices?
The American Dream was first outlined in the Declaration of Independence, which legally protects each person's desire to pursue happiness.
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 federal poverty threshold is used to count the number of poor in America.
Where are we in the current business cycle? We are still in an expansion phase. However, it's been very long and slow. How to protect your investments.
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.
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.
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.
Here's 4 simple steps to get Obamacare. Sign up before February 15, 2015, or face a fine. See if you're eligible for a subsidy or free Medicaid.