More bad news on the economic front as the U.S. economy shrunk at a 1.4% annualized rate during the first three months of 2022. The report from the Commerce Department Bureau of Economic Analysis pointed to a spike in imports along with a decline in exports as a couple of primary causes of the downturn.…
Read More »On Monday, the U.S. General Accounting Office (GAO) completed and published its report to Congress on the initial government response to the COVID pandemic. The report reviews in detail the four coronavirus relief bills that have been enacted to the tune of $2.6 trillion at this point and delineates the specific obligations of the government…
Read More »Notwithstanding many who for their own political reasons “wish it weren’t so”, the nation’s economy continued to grow and strengthen through June with average hourly earnings increasing 0.2% for the month. According to the Bureau of Labor Statistics (BLS), year over year, real average hourly earnings grew 1.5 percent from June 2018 to June 2019…
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