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Why housing is tanking in Northeast

Sales of new single-family houses were down 13.2 percent in September from a year earlier, the Census Bureau reported recently. That’s a lot –...

Government work out of fashion

While overall U.S. nonfarm ­payroll employment went up by 201,000 in August, according to the Sept. 7 jobs report from the Bureau of Labor...

Don’t let sports make you miserable

I was meeting somebody for a drink after work recently but was running a little early, so I sat down on a bench in...

CEOs are working harder

What do CEOs do? They go to meetings, mainly. When not in meetings, they spend a lot of time on email.So, CEOs are just...

Smaller households, bigger houses

The average U.S. household is 24 percent (or 0.82 people) smaller than it was in the early 1960s. This downtrend has flattened out a...

Making stuff back in fashion

One of the most important economic changes in the United States over the past half-century has been the shift away from making goods to...

Manufacturing jobs are still pretty good jobs

In November 2014, the ­average hourly pay of production and nonsupervisory workers in durable goods manufacturing fell behind that of their peers in the...

U.S. manufacturing holding its own

Everybody knows that there are fewer manufacturing jobs in the U.S. than there used to be. To be precise, there are 7 million fewer...

The argument for ditching the 401(k) and starting over

There have been some modest attempts in the past few years to shore up and fill in gaps in this country’s haphazard system of...

Ten years after the economy fell apart

The last recession was deemed after the fact to have begun in December 2007. It’s more accurate to say that the previous economic recovery...
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