Federal Reserve

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Don Magruder's Top 7 Worries for 2014

As we enter a new year, there are some unsettling business concerns on the horizon. Read more

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Fed Reports Continued but Modest Economic Growth over the Summer

The Federal Reserve's "Beige Book" indicates that the U.S. economy continued along the path of modest growth over the summer. Read more

Builders, Banks Still Differ on Whether There's More Credit
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Builders, Banks Still Differ on Whether There's More Credit

Talk to a bank lending officer, as the Federal Reserve does, and you might... Read more

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Oasis or Mirage?

We're Not Dead. Here's a reality check. According to World Bank data, the United States still accounts for 25% of world gross domestic product and 25% of global manufacturing output; China isn't even close. The Chicago Federal Reserve says the primary reason we're losing manufacturing jobs isn't offshoring, it's because productivity has been rising at an incredible average of 3% per year since 1949. That's no consolation if you lost your job, but it's hardly a competitive disadvantage. Read more

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