Latest News on the Economy

May 17, 2013

The AP reports that the president is heading to Baltimore this morning in a trip "designed to focus on three areas of needed investment to grow the middle-class jobs, skills and opportunity." This comes at the end of a disastrous week for the administration, and just one day after reports indicate that "the U.S.

May 16, 2013

One bright spot in the economic data recently has been housing. Bloomberg reports, however, that "housing starts in the U.S.

May 15, 2013

In today's environment it's not surprising to see people cling to any glimmer of good news.

May 14, 2013

The American Action Forum has weighed in heavily on the growth and budgetary benefits of benchmark immigration reform. Our estimates found that benchmark immigration reform would increase GDP by nearly 1 percentage point, increase per capita income by $1,700, and reduce the federal deficit by $2.7 trillion.

May 14, 2013

The two latest groups to be hit by the health care law: public hospitals and (once again) small businesses. Reuters reports that "the U.S.