Tag: "Economist"
The Geography of Manufacturing’s Digital Revolution: Are the Jobs Coming Back?
We’ve been following the rise of 3-D printing and how it will revolutionize manufacturing. The Economist has some more thoughts on the subject, particularly how it will affect the location of manufacturing jobs: The revolution will affect not only how things are made, but where. Factories used to move to low-wage countries to curb labour [...]
The Economy Keeps Getting Better & Better
We mean this in the sense that, the initial reports of recent job increases are being revised upward by the Bureau of Labor Statistics. The Economist‘s “Free Exchange” blog has the story: The chart at right gives a sense of the magnitude of the error in initial estimates over the course of the downturn (data [...]
The Economy: Is that light at the end of the tunnel or a runaway freight train?
It is hard to tell whether economic optimism is justified these days. BusinessWeek reports that the US jobs outlook is brightening thanks to gains in manufacturing and mining–thanks mostly to the expansion in gas extraction (fracking, anyone?) On the other hand, the Wall Street Journal reports that Germany’s economy is in the midst of a [...]
While Boehner & Company continue to fiddle. . .
. . . the Economist reports that individuals are threatened with hunger and important counter cyclical programs are being damaged when America needs them most: Take food stamps, a programme designed to ensure that poor Americans have enough to eat, which is seen by many Republicans as unsustainable and by many Democrats as untouchable. Participation [...]
Is Small Business Bad for America?
You can’t flip through the business section of any US newspaper without stumbling across some paean to small business. But the Economist‘s Free Exchange blog recently noted that, for all of that happy talk, the US economy is dominated by large enterprises just like most other developed economies. (Click the chart to get a sense [...]
Economist: New Opportunities in the US Marketplace
In a recent article, the Economist‘s Schumpeter highlighted an increasingly attractive market segment among US consumers: The average American household saw its real income decline between 2005 and 2009. Millions of middle-class Americans have been forced to “downshift”, as credit dries up and the costs of college and health care soar. Some 44m Americans live [...]
