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.
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.
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.
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 U.S. dollar is America's currency, as well as the world's reserve currency. Here's its denominations, history, and meaning of its symbols.
The Greece debt crisis is a clash between the Eurozone's monetary and political system. Here's news, causes, and consequences.
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.
Year-over-year measures statistical changes against the same time period last year.How to calculate, pros, cons and examples.
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 budget deficits for each President all the way back to President Woodrow Wilson. Presidents Bush and Obama had the highest deficits.
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..
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 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 U.S. debt increased $7 trillion during the Obama Administration. But how much did Obamacare, the Stimulus and other programs really add?
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.
Obamacare has many pros and cons. The ACA provides affordable insurance for some, and taxes others. Here's how it affects you.
The 2015 Federal poverty level is the guideline that determines who can receive assistance. It's used for Medicaid, food stamps, and Obamacare.
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 business cycle is the four stages of expansion and contraction in an economy. What GDP to expect, causes, how it's controlled.
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 Trans-Pacific Partnership (TPP) removes export barriers between the U.S. and 11 countries bordering the Pacific. Here's pros,cons and next steps.
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.
High gas prices are caused more by futures investments than supply and demand. Causes of high gas prices from 2008 - 2015.
Unemployment is caused when someone is laid off, fired or quits -- and is still looking for a job.
What causes inflation? The 3 real reasons are demand-pull, cost-push and monetary expansion. Here's what creates those conditions.
The 5 determinants of demand are price, income, prices of related goods, tastes, and expectations. A 6th, for aggregate demand, is number of buyers.
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 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.
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 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.
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 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 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 summary of the most popular unemployment solutions, which ones work, and which are the most cost effective solutions.
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.
Find out the similarities and differences between the economic policies of President Obama and President Bush.
A traditional economy relies on hunting, fishing and agriculture. It's guided by traditions. Until the Depression, most of America was traditional.
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 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.
Trade protectionism is how countries raise tariffs and reduce imports to protect their domestic industries. Here's pros, cons and 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.
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.
Oil price forecasts from the EIA and the OECD for 2015 through 2040. Why they plummeted in 2014, and what happens next.
The Fed funds rate is the interest rate banks charge each other to borrow funds overnight to maintain the reserve requirement.
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.
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.
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.
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.
Fiscal policy is how the government uses taxing and spending to expand or contract economic growth. How it differs from monetary policy.
Exchange rates determine how much the dollar, or any other foreign currency, is worth compared to another country's currency.
China's economy is the world's largest, thanks to being the #1 exporter. Here's causes, concerns and effects.
Fiscal Year (FY) is a business or government's financial year. It's usually not the calendar year. Examples from Federal government.
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.
An introduction to the financial markets, including stocks, bonds, commodities, forex, derivatives and their exchanges.
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.
If the dollar collapses, there are ways to hedge your losses. Why a dollar decline is more likely. How to protect yourself, and even profit, from both.
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 real unemployment rate includes discouraged and part-time workers. It's 10.5%, nearly double the official rate. Is the government lying?
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.
A mixed economy combines the advantages and disadvantages of market, command and traditional economies. Here's examples and U.S. status.
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.
A definition of interest rates, including the APR. How interest rates work to stimulate or slow economic growth.
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 U.S. economic outlook is expansion for 2015 and beyond. Here's the latest forecasts for GDP growth, job creation and oil production.
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. Here's how it works.
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 unemployment rate for June 2015 fell to 5.3%. Here's the monthly unemployment rate statistics since April 2007.
Obamacare is the Affordable Care Act. It requires you to have health insurance or pay a tax. Here's how it changes your life.
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.
Quantitative Easing is when a central bank adds credit to its member banks' reserves in exchange for their securities. How it's worked.
The history of U.S. recessions since the Great Depression. Their causes, length, GDP (original and revised), and unemployment.
Money has value, but who determines how valuable it is? Find out the different ways money is valued, and why the value of money keeps changing.
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.
The Consumer Price Index (CPI Index) measures inflation each month. Here's how it's calculated and the importance of the Core CPI.
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.
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.
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.
A command economy subjugates individual self-interest to a greater societal or economic goals. It's great at mobilizing economic growth quickly.
NAFTA's purpose is to increase trade in North America. Its history began in 1981, when Ronald Reagan campaigned for this free trade zone..
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.
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.
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.
Expansionary monetary policy is when a central bank increases the money supply to stimulate the economy. Here's its effects, with examples.
Oil prices are determined by commodities market trading. The 3 factors that affect them are supply, demand and reserves.
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.
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.
Foreign direct investment, or FDI, is when businesses from one country invest in businesses in another one. How it works, pros, and cons.
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.
A dollar decline is very different from a collapse. Here's why, the causes, effects and how to protect yourself from both.
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?
An economic recession is when growth slows, usually due to a fall-off in consumer demand. As sales drop off, businesses stop expanding.
What was in President Barack Obama's economic stimulus package, and how well did it succeed?
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.
Competitive advantage is what makes you better than anyone else. Here's the 3 strategies that work: cost leadership, differentiation and focus.
How crude oil prices are measured, and how prices impact you and the economy. Recent oil price trends and history.
Obamacare explained in a way that's simple enough for even your kids. The basic facts that you need to know now.
The U.S. debt will not go away by pointing fingers and saying you fix it. We need to either raise taxes or cut spending.
Hillary Clinton's 2016 economic platform and how it would affect the U.S. economy. Summaries of prior economic policies. Brief bio.
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.
Inflation increased 0.3% in June 2015, while the core rate increased 1.8% YOY. Here's the reasons, and what it means, for each month since 2006.
Stagflation is when economic growth stagnates while inflation rises. It only happens under unusual circumstances, like wage-price controls.
The advantages of NAFTA for Mexico, Canada and the U.S. include quadrupling of trade, boosting growth and jobs for all three.
A brief history of the gold standard, including when the U.S. went off the gold standard, and why.
Here's 10 reasons why the U.S. economy isn't in imminent danger of collapsing.
How crude oil prices affect gas prices, and how swings in oil prices affected gas prices from 2008 to the present.
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.
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 Dow Jones Averages include the Industrial Average (DJIA), the Transportation Average and the Utility Average. Here's what they tell you.
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.
Is the Federal Reserve really printing money? Its ability to create credit out of thin air has the same effect, and creates asset bubbles.
Surprise! Rates have been going up since 2012. However, they will rise more in 2015, when the Fed raises its benchmark rate. Here's how high they'll go.
The FOMC meets 8 times a year. At its July 28-29 meeting, it hinted at a September rate increase. Here's what it means.
Junk bonds are corporate bonds that have a higher risk of default, but also provide a higher return. Here's the pros and cons.
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.
Health care reform was desperately needed. Here's four reasons why.
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.
Hedge funds are private investment funds that promise great rewards, but also present great risks to both investors and the economy.
As the stock market hits record highs, gold prices fall. A review of gold prices through history shows how this trend will continue.
The Federal Reserve System is America's central bank. It prevents inflation and reduces unemployment using monetary policy. Here's how it works.
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 national unemployment rate is the number of people looking for a job divided by the number in the labor force. How it's used.
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.
The law of demand states that the quantity bought depends on the price, ceteris paribus. Explanation using demand schedule, curve and determinants.
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.
GDP per capita is the economic output (Gross Domestic Product) of a country by person. How it's measured. 10 richest and poorest countries.
Most Favored Nation Status is when countries enjoy reciprocal trade preferences. Here's the pros, cons, and examples.
Since 1944, the U.S. dollar is used as the default global currency. Why calls for another global currency will fail.
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.
Hyperinflation is when prices rise more than 50% a month. Here's the causes, some examples, and how to survive.
The currency of China is the renminbi or yuan. China keeps its value low against the dollar to allow cheap exports to the U.S. That is changing.
What exactly was in the 2008 bank bailout bill, how much was actually spent, and how well it addressed the financial crisis.
The difference between a stock market correction and a stock market crash.
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 current Federal Reserve interest rate is near zero. It will remain there until July 2015.
The U.S. economy grew a healthy 2.3% in the second quarter, thanks to consumer spending. Compare to all GDP forecasts since 2006.
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 power and resiliency of the U.S. economy creates both growth and a high standard of living.
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.
Manufacturing jobs create new products from raw materials. They pay well, but are disappearing thanks to robotics.
A current account deficit is when a country imports more goods, services and capital than it exports. Here's its causes and effects.
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.
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.
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.
How much does NASA cost? What's the impact of the NASA budget on the U.S. economy.
NASDAQ definition, what it stands for, and the difference between NASDAQ, NYSE, Dow and S&P 500. NASDAQ bubbles and crashes
The definition of cultural diversity, and why it matters in the workplace. How diversity, if managed correctly, can increase profits.
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. inflation rate is the percent increase or decrease in prices. Here's history since 1929 and forecast.