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Business Trends

4 Points to Consider on That Second Quarter GDP Revision

By at 28 August, 2015, 3:09 pm

by Raymond J. Keating- Anytime real GDP climbs close to 4 percent, it’s worth noting, and perhaps even daring to hope that this dismal economic recovery might actually accelerate into strong, sustainable growth. On August 27, the Bureau of Economic Analysis released its revision of second quarter GDP. And real GDP growth for the second […]


Durable Goods Data for the Month, and Year To Date

By at 26 August, 2015, 3:24 pm

On August 26, the Census Bureau released its advance report on durable goods for July. Durable goods orders are widely watched, and considered a leading indicator of manufacturing activity. The numbers were generally positive for the month. New orders for July were up 2.0 percent. Given that volatility in defense and transportation orders can distort […]


Wage Gap and Small Business

By at 19 August, 2015, 10:32 am

by Barbara Weltman- A lot of attention has been focused of late on the wage gap, which is the spread between what the highest-paid and lowest-paid receive in compensation. On August 5, 2015, the SEC adopted a pay ratio rule to expand the disclosure of executive compensation stemming from the Dodd-Frank Act five years ago. […]


Poor Productivity, Poor Investment

By at 12 August, 2015, 9:01 am

by Raymond J. Keating- When looking at key measures on the economy, productivity growth, or the lack thereof, points us in two directions. First, it tells us something about investment, since investment in new and improved tools, equipment and technology enhances labor productivity. Second, productivity growth serves as a key determinant of income, that is, […]



By at 7 August, 2015, 8:51 am

President Obama Set the Goal of Doubling Exports by 2015.  That’s Not Happening by Raymond J. Keating- When evaluating trade data, despite the media coverage and proclamations of assorted “experts,” it’s not about the balance of trade. That is, today and in recent times, it’s not about whether the trade deficit increased or decreased, despite […]


GOP Debate Prep: A Snapshot of Where the Candidates Stand on Issues Impacting Entrepreneurs and Small Businesses

By at 6 August, 2015, 3:24 pm

By Karen Kerrigan- Tonight is the first GOP presidential debate of the 2016 campaign season hosted by Fox News.  Ten candidates vying for the Republican nomination will face off in Cleveland, Ohio and answer questions posed by the Fox News team. Given the number of candidates participating, and the amount of time being allocated for […]


DONALD TRUMP: A Small Business Snapshot on the Issues

By at 6 August, 2015, 1:21 pm

Donald Trump is Chairman and President of The Trump Organization. He is a successful businessman, best-selling author and television personality. Trump announced his candidacy for president on June 16, 2015. Where does he stand on key small business issues?   On Greta Van Susteren’s Fox News program Trump said: “I want to make America great […]


MIKE HUCKABEE: A Small Business Snapshot on the Issues

By at 6 August, 2015, 12:45 pm

Mike Huckabee, former governor of Arkansas (1996 to 2007) and Fox News television host, announced his candidacy for president on May 5, 2015. Where does Governor Huckabee stand on key small business issues?   On his Facebook page, Huckabee declares, “Small businesses are the backbone of American life.” Here’s a quick rundown on some key […]


SCOTT WALKER: A Small Business Snapshot on the Issues

By at 6 August, 2015, 12:36 pm

Scott Walker, governor of Wisconsin, announced his candidacy for president on July 13. Where does Governor Walker stand on key small business issues? In his announcement speech, Walker said, “Instead of the top-down, government-knows-best approach we hear from politicians in Washington, we need to build the economy from the ground up in a way that […]


JOHN KASICH: A Small Business Snapshot on the Issues

By at 6 August, 2015, 12:33 pm

John Kasich, governor of Ohio, announced his candidacy for president on July 21, 2015. Where does Governor Kasich stand on key small business issues?   In a February 2015 interview with News Channel 5 (Ohio) regarding his policies and what they aim to do, Kasich says: “We want to help small businesses because they’re the […]


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