BLOG POSTS FROM THE DAILY ECONOMY AIER’s Daily Economy offers a place for readers at all levels of economic expertise to learn how the economy impacts their day-to-day lives. Our posts co

BLOG POSTS FROM THE DAILY ECONOMY
 
AIER’s Daily Economy offers a place for readers at all levels of economic expertise to learn how the economy impacts their day-to-day lives. Our posts cover everything from the latest Federal Reserve announcements to consumer price trends to debates over student loans and the future of Social Security. By providing thoughtful commentary and context about current economic issues, we want to give readers the tools they need to act as informed financial citizens.

 

You’ve probably heard about it a hundred times, and you know it’s important, but what exactly is a FICO score? Understanding what factors go into to calculating your credit score is extremely important to your financial success. Imagine going to school and not knowing what factors contribute to your grade. It would probably be hard to get an A.

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by Aaron Nathans

In regard to the labor market, while deficiencies persist, substantial gains have been made, producing record numbers of payroll jobs and job openings.

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by Aaron Nathans

 

Following a string of stronger economic data, this week’s retail sales report showed some unexpected weakness in a key area of the economy. The Commerce Department reported retail sales in June were down 0.3 percent, following a 0.7 percent increase in May.

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by Polina Vlasenko

This month the current business-cycle expansion, which started in June 2009, has reached the 73-month mark. This makes it equal in length to the previous expansion, which lasted from November 2001 to December 2007. It is a good bet that next month, it will be the fourth longest expansion since the end of World War II. But this expansion is different.

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With Treasury Secretary Jack Lew planning to shrink Alexander Hamilton’s image on the $10 bill, opponents of the plan are making their feelings known in an interesting way.
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American Institute for Economic Research

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