Blog Posts

  • October 18, 2018
    For those who own or run a business, there are numerous and crucial decisions to be made. Whether related to growing your top line or increasing your profit margin, these daily decisions can weigh heavily on your overall vision and goals. This is one of many reasons to have reliable...

  • October 17, 2018
    Total Wholesale Trade is running at an impressive 8.5% above this time last year (12/12 basis). The good news is apparent in both Durable Goods and Nondurable Goods, which have posted year-over-year gains of 9.3% and 7.8%, respectively. Furthermore, their respective 12MMTs are at record-...

  • October 11, 2018
    Economists frequently expound on the dangers associated with excessive debt, especially at the national level. The latest data puts U.S. public debt at 103.8% of Gross Domestic Product (GDP) as of the close of 2Q18. With debt consistently exceeding GDP – a marker not reached since the end of World...

  • October 10, 2018
    This webinar will cover the state of construction in the US, how different industry segments are faring, and which regions the leading indicators and other metrics are favoring. The US economy at large can be thought of as a train. The cars represent different pieces of the economy,...

  • October 3, 2018
    Over the weekend, the US and Canada were able to work through lingering disagreements on a revised North American Free Trade Agreement (NAFTA). The new NAFTA, to be officially coined the US-Mexico-Canada Agreement (USMCA), still has to clear Congress and will not be signed until late November, but...

  • September 27, 2018
    The vast majority of American households own a car. The percentage ranges from 85% to 95%, depending on the year and data source, but the quantity is still impressive. With this many people owning automobiles, let’s take a deeper look at President Trump’s proposed tariffs on Chinese auto...

  • September 26, 2018
    The ITR Economics speaking team spends a lot of time on the road, and strangers often engage us in that age-old stand-by of small talk, “So, what do you do?” When we answer that we are economists, most have the good sense to end the conversation. For those that don’t, the follow-up is...

  • September 24, 2018
    Five Points About the Tariffs from a Free Trade Economist 1. Breaking with some avidly free market schools of thought, I maintain that there is a time and place for tariffs. For instance, McKinley campaigned, and won, on a high tariff platform. It made sense because we were in an economic...

  • September 21, 2018
    The availability of skilled labor is critically important to any thriving business, regardless of the industry in which it operates. Currently, the US is at “maximum employment,” a designation defined by the Federal Reserve Bank as “the state of the economy in which virtually all who are willing...

  • September 14, 2018
    Having already set tariffs on $50 billion worth of Chinese imports, President Trump is thinking about imposing 25% tariffs on another $200 billion in Chinese goods. China said it would reciprocate if that happens, with 25% tariffs on about $60 billion in US goods, including items such as...