USA is more youthful than other developed countries, key to sustained growth

| November 6, 2011

The USA has a higher birthrate and more immigration than other developed countries.  Economies grow due to the combination of 1) People – a growing work force and a growing consumer population, 2) Productivity – profits and rising income per capita = purchasing power and low inflation, and 3) Capital – access to growth capital and […]




Stronger labor growth than the headlines suggest . . .

| November 6, 2011

The reported October growth in employment seemed lackluster.  Only 80k new jobs were reported by the BLS Establishment Survey.  The survey included private sector and public sector jobs.  There is a different story emerging from the BLS Household survey and the private sector.  The Household Survey, from which the unemployment rate is calculated, has gained […]