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Inflation Pressure Increasing

According to the United States Labor Department, producer price index rose 0.6% . This is the largest increase in nearly two years. The increase in PPI is an indicator of pressure on price, meaning inflation may occur if the trend

Household Debt Continues Increase

According to a survey done by the Federal Reserve Bank of New York, American household debt has increased for the third straight quarter. The report on household debt and credit revealed that mortgages have dropped to the lowest level since

U.S. On Track To Decrease Deficit

The United States Treasury Department released a report stating that the country posted a $107 billion budget surplus in the month of April. This year, the government has a deficit of $306 billion, but reports state that the government is
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