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Business Trends

Ted Cruz: A Small Business Snapshot on the Issues

By at 24 March, 2015, 11:10 am

By Karen Kerrigan- Senator Ted Cruz (R-TX) announced his candidacy for president on March 23. He is the first major candidate of any party to officially do so. Where does Senator Cruz stand on key small business issues? Senator Cruz says the American Dream “is under assault like never before.” He points to federal government […]

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Small Businesses and the Affordable Care Act at Five Years

By at 23 March, 2015, 10:21 pm

By Karen Kerrigan- Small businesses were promised lower costs and more choices once the Affordable Care Act (Obamacare) was implemented. Five years after being signed into law, small businesses have not seen many of the benefits they were promised. Higher Insurance Costs Very little has changed for small businesses and the self-employed when it comes […]

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Economists Who Get it Wrong – and Right – on Trade and IP

By at 17 March, 2015, 8:59 am

by Raymond J. Keating- When it comes to free trade, there are the usual suspects who, despite the economic realities of expanding opportunity via reduced trade barriers (as noted in recent SBE Council analyses here and here) and stronger property rights, stand in opposition. Labor union leaders rank among these protectionists, with a Wall Street […]

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Free Trade Agreements, Small Business, and IMPORTS

By at 13 March, 2015, 1:38 pm

by Raymond J. Keating- When it comes to trade and free trade agreements, there’s a lot of bad economics being tossed around these days. In the previous SBE Council Technology and IP analysis (“Free Trade Agreements, Exports and Small Business”), I dealt with wrongheaded economic thinking on free trade agreements in general, and made clear […]

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Ideas and Opportunities for Entrepreneurs: Try Piggybacking

By at 11 March, 2015, 11:07 am

By Susan Solovic- A friend of mine likes to watch the gold mining shows on cable television. He recently noted how the miners are lucky to break even each year, but the guys who lease heavy equipment and sell replacement parts are making out like bandits. That story is as old as the California Gold […]

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Declining Productivity and Why it Matters

By at 6 March, 2015, 11:47 am

Productivity Worries Persist Productivity has been abysmal for the past four years – in fact, for a decade, now. That’s trouble on various fronts, including incomes. The latest data from the U.S. Bureau of Labor Statistics saw fourth quarter 2014 nonfarm business sector labor productivity revised down from a poor -1.8% to an even worse […]

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The Beige Book Economy and Small Business Decision-Making

By at 5 March, 2015, 12:14 pm

by Raymond J. Keating- Eight times a year, the Federal Reserve releases its “Beige Book,” which is an assessment of current economic activity in each of the 12 Federal Reserve districts based largely on anecdotal evidence. It’s a report that helps Fed policymakers make decisions regarding monetary policy. Similarly, it can be a tool for […]

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Free Trade Agreements, Exports, and Small Business

By at 4 March, 2015, 9:35 am

by Raymond J. Keating- While President Barack Obama has come around to seeing the benefits of free trade – as has been the case with nearly every president after Herbert Hoover – his various allies on the political Left have not. The Obama administration is talking up two major trade accords – the Trans-Pacific Partnership […]

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5 Key Points from Annual Global CEO Survey: Over-Regulation Tops the List

By at 25 February, 2015, 9:27 pm

by Raymond J. Keating- In late January, PwC started to release information from its 18th “Annual Global CEO Survey.” This survey of 1,322 CEOs from 77 nations offers a valuable business take, if you will, on an assortment of issues. Some key points are worth highlighting on the economy and policymaking: 1) Growth Outlook. “CEOs […]

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Lower Trade Barriers Good News for Small Business and Jobs

By at 18 February, 2015, 9:11 pm

Raymond J. Keating- The Obama administration says it is serious about advancing freer trade via two proposed trade accords, and this is welcome news for small businesses and the creation of high-paying jobs. President Obama is talking up the Trans-Pacific Partnership (TPP), a proposed agreement with 11 Asia-Pacific countries (Australia, Brunei, Canada, Chile, Japan, Malaysia, […]

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