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Fact of the Week

The Latest on U.S. Economic Confidence

By at 17 December, 2014, 11:50 am

Gallup released their latest numbers on economic confidence. The reading came in at -9. What exactly does that mean? Gallup explains: “Gallup’s Economic Confidence Index is the average of two components: Americans’ views of current economic conditions and whether they think the economy will get better or will get worse. The index has a theoretical […]


Thanksgiving and Small Business 

By at 25 November, 2014, 9:36 pm

Each year, the U.S. Census Bureau publishes what they call a “Facts for Features” sheet with an assortment of interesting bits of information about Thanksgiving. It is our tradition at the Small Business & Entrepreneurship Council to then relay the role that small businesses plays in helping to bring Thanksgiving feasts to households across the […]


Celebrating Global Entrepreneurship Week

By at 22 November, 2014, 8:54 am

This past week, entrepreneurship was celebrated around the world through Global Entrepreneurship Week (November 17-23).  SBE Council’s Karen Kerrigan also attended the 5th Annual Global Entrepreneurship Summit  in Morocco from November 19-21, where she spoke about the power of entrepreneurs and the innovative ideas and movement they bring to the policy space to help encourage and accelerate […]


Retail Sales and Outlook for the Holidays

By at 15 November, 2014, 6:52 pm

Retail sales for October increased by 0.3 percent, which came in at the low end of market expectations. It also compares to a decline of 0.3 percent in September. So, on a seasonally adjusted basis, retail sales have been flat since August. Compared to October of last year, retail sales were up by 4.6 percent. […]


10 Key Points on Jobs Trends in the U.S.

By at 7 November, 2014, 6:21 pm

The jobs picture has improved in recent months, but the overall employment situation remains troubling compared to where we should be in a recovery that, officially, is nearly five-and-a-half years old. Let’s consider 10 points based on the latest employment data released by the U.S. Bureau of Labor Statistics on November 7, comparing where we […]


FACT OF THE WEEK: Trade Gains and Red Flags for the U.S. Economy

By at 31 October, 2014, 10:46 am

Looking at the latest U.S. GDP data, we see that trade played a big part in the stepped-up growth numbers seen in the last two quarters. Real GDP grew at 4.6 percent in the second quarter of this year, and at 3.5 percent in the third. Meanwhile, real exports grew by 11.7 percent in the […]


Halloween & Small Business: More Treats than Tricks

By at 24 October, 2014, 7:50 am

As Halloween approaches, many of us think about fun involving candy, costumes and scary decorations. It’s also a fun time for many small businesses. According to the Halloween Consumer Spending Survey from the National Retail Federation: “More than two-thirds (67.4%) of celebrants will buy Halloween costumes for the holiday, the most in the survey’s 11-year […]


Fact of the Week: U.S.-China Free Trade?

By at 22 October, 2014, 6:35 am

By Raymond J. Keating- It’s always interesting when an idea is floated that pushes the policy envelope. It’s interesting and important when such ideas push policy in the right direction, that is, when economic policy is pushed further in a pro-free enterprise, pro-growth, and pro-opportunity direction. That seems to be the case with a new publication […]


Are Business Majors Happy?

By at 9 October, 2014, 4:43 pm

Gallup released a poll on October 2 indicating that those who majored in business during college lag those in other major categories when it comes to being interested in, liking, and being motivated at one’s job. Among the key findings: • In terms of the statement “I am deeply interested in the work that I […]


Fact of the Week: The Labor Force and September Jobs

By at 3 October, 2014, 1:14 pm

The U.S. Bureau of Labor Statistics reported September employment data on Friday, October 3. Once again, it’s a mixed tale. The relatively good news pointed to respectable job gains for the month, but also to a continuing decline in the labor force. First, the fairly good news. According to the establishment survey, payrolls increased by […]


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