

Total housing starts rose to a 1.739 million annual rate from a 1.457 million pace in February, a 19.4% increase. The March recovery was expected as weather conditions in significant portions of the country were unfavourable in February and significantly depressed...
Housing starts and permits rise in March as headwinds grow

How ‘doing a Bradbury’ helped Joe Biden secure the presidency
Some of you may remember Steven Bradbury, the Australian short-track speed skater, in the 2002 Winter Olympics in Salt Lake City. The unlikely finalist – he’d snuck through the semi-final after the defending champion fell three bends from the end and two other...
How ‘doing a Bradbury’ helped Joe Biden secure the presidency

New York’s fiscal suicide
The state of New York is an economic disaster area. New York is ranked #50 in the Economic Freedom of North America.New York is ranked #48 in the State Business Tax Climate Index.New York is ranked #50 in the Freedom...
New York’s fiscal suicide

A trillion here, a trillion there
The late Everett Dirksen, a long-serving Minority Leader of the Republicans in the US Senate, is famously quoted as saying a billion here, a billion there, and soon we’re talking real money. That was back in 1969. At the time, a billion dollars was about one-tenth of...
A trillion here, a trillion there

US household net worth hits a record while debt service remains low
Despite the pandemic, restrictive government policies, and the worst economic contraction in history, US household net worth rose again in the fourth quarter to a new record. Household net worth rose to $130.155tn, up 5.6% from the previous record of $123.229tn in the...
US household net worth hits a record while debt service remains low