OWU Economic Systems

ANALYSIS, COMMENTS, THOUGHTS, AND OTHER OBSERVATIONS IN PROF. SKOSPLES' ECONOMIC SYSTEMS COURSE AT OHIO WESLEYAN UNIVERSITY

Thursday, October 2, 2025

Lowest Hiring Since 2009

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  The job market didn’t change much in September, with unemployment holding steady at 4.34%. Layoffs stayed about the same, but hiring slowe...
Monday, September 29, 2025

U.S. Latino Immigrants generate $1.6 trillion in GDP, report says

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            A report from the Latino Donor Collaborative, highlighted the role that Latinos play in the U.S. economy. Latinos alone generate...
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The Impact of Truck, Furniture, and Pharmaceutical Tariffs on the American Economy

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The increased import duties, targeting heavy trucks, kitchen cabinets, furniture, and pharmaceuticals, were announced by former President Do...

Pro-EU Party wins election in Moldova

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Historically, Moldova was one of Russia's allies until the invasion of Ukraine, which sparked a lot of economic instability within the c...
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Sunday, September 28, 2025

Consumers Keep Spending Despite Inflation

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August brought some mixed signals for the U.S. economy. Consumer spending was up 0.6%, which shows people are still willing to spend, and p...

Trump again places heavy tariffs

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       President Donald Trump recently announced a sweeping expansion of tariffs, set to take effect on October 1st, in what he desc...
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The resilient stock market may be keeping the economy out of a recession. Why that’s a bad thing.

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    The economic data this week has presented a brighter picture compared to recent trends. The consumer spending this past August was stron...
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Fed Chair Powell says rising inflation and slow hiring pose 'challenging situation'

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 Federal Reserve Chair Jerome Powell indicated a delicate balancing act for the Fed as the U.S economy is facing both a raise in inflation a...
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Gold Remains at Near Record Levels

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Gold prices increased for the sixth straight week, and are holding near a record high price of $3,773 an ounce. Investors and traders have p...
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Gold and Other Commodities are Key to Hedging Potential Market Risks

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Gold and other commodities are key to protecting portfolio's from unexpected risks such as inflation and supply shocks Goldman Sachs exp...
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Iranians Brace for Economic Impact of New U.N. Sanctions

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 This past Saturday, the United Nations Security Council reimposed sanctions on Iran over the status of its nuclear program and lack of dipl...
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Economic Growth Comes in Stronger in the Second Quarter

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The Bureau of Economic Analysis showed that the U.S. economy expanded greater than they had predicted for the second quarter. GDP increased ...
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Europe Markets European pharma stocks flat after Trump slaps 100% tariffs on medicine imports

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    Despite the latest trade policy from the White House, European stocks finished higher Friday. The Stoxx 600 index rose 0.8% with the maj...
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Saturday, September 27, 2025

How Gender Equality Boost Economic Growth

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 In the article, "How Gender Equality Boosts Economic Growth," the author analyzed the barriers gender created for economic produc...
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Sunday, September 21, 2025

Inflation stayed steady last month as Trump’s tariffs hit some prices — here’s what might feel most expensive

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 Inflation in the U.S. is currently 2.7% , still higher than the Federal Reserve’s 2% goal. Prices are also much higher than before the pand...
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How Russia’s besieged economy is clinging on

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  Russia’s economy, which has faced setbacks because of sanctions, war-expenses, and rising costs, has shifted from growth toward stagnation...
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Saturday, September 20, 2025

Consumer Spending Holds Up Despite Tariff Headwinds

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Over the past few weeks, U.S. retail sales have surprised analysts by rising more than expected in August. According to this article, retail...
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Tuesday, September 16, 2025

Rising Interest Rates and the Housing Market

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     Over the past couple of years the Federal Reserve has been raising interest rates to slow inflation. One side effect is that mortgage r...
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Monday, September 15, 2025

Europe’s Economic Watch

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Europe in late 2025 is seeing a cautious yet hopeful economic environment. While problems remain, there are signs the region is moving towar...
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Talks on Tariffs and TikTok

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     Top U.S. and Chinese officials met in Madrid to extend a fragile trade truce that is going to expire in November. These talks covered t...
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Trump Endorsed Changes to SEC Guidelines on Public Company Reports

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 In a Truth Social post today, trump stated that companies should no longer be forced to report earnings on a Quarterly basis and rather on ...
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Sunday, September 14, 2025

Rise in U.S. Inflation

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     U.S. inflation picked up in August, making things tricky for the Federal Reserve as it considers cutting interest rates. On one...
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America’s economy defies gloomy expectations

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 While forecasts and public beliefs expected a slowing of the economy, the U.S. economy has been steadfast and has surpassed expectations. G...

China is Ditching the dollar

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      China is pushing to elevate the value of the yuan, the Chinese currency, as trust in the dollar wanes by the day. Currently, the dolla...
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European Stocks Are Forecast to Rise 5% After 'Stellar" Start

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       The European stock market had a strong start to 2025, their equities on the Continent initially have been outperforming the United St...
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Trump's tariffs are slowly finding their way into consumer prices

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     U.S. inflation data released in 2025 shows that tariffs are increasingly raising the cost of goods, clothing and auto parts. Prices of ...
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BlackRock Seeks to Tokenize ETFs After Bitcoin Fund Breakthrough

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 Olga Kharif, editor at Bloomberg Media, has written an article discussing BlackRock, the worlds largest asset manager exploring a revolutio...
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The Hybrid Adoption Continues to Rise as People Step Away from EV

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 Goldman Sachs has lowered its forecast for global Electric Vehicle adoption. They project that EVs will account for 25% of global sales by ...
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Saturday, September 13, 2025

Consumers Faced Higher Inflation in August as Housing, Groceries Spike

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 Consumer prices rose more than expected in August, mainly because of higher housing and grocery costs. The Consumer Price Index (CPI) incre...
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Friday, September 12, 2025

Deflation in Asian Economies

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 As American inflation is rising, Asian inflation (except for Japan and Bangladesh) has fallen. In fact, prices in both China and Thailand a...
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Tuesday, September 9, 2025

The US Factory spending $100,000 a month more due to tariffs

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 This article by the BBC examines how industrial towns in the U.S. are experiencing the real effects of tariffs imposed under President Dona...
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Monday, September 8, 2025

Fed Signals Rate Cuts Ahead as Tariffs Shift Growth Dynamics

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New York Fed President John Williams recently suggested that interest rate cuts could be on the horizon if inflation continues to cool and u...
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Why the private sector can’t replace U.S. government data

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 A very timely discussion about why the private sector cannot collect information in the same way as the government can. This ties nicely in...
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Sunday, September 7, 2025

The Myth of American Deindustrialization

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Manufacturing in the United States has fluctuated in recent years, as US-based businesses moved labor-intensive manufacturing overseas.  The...
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Wall Street sees September rate cut as sure thing — CPI inflation data will have much to say about what comes next

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 Markets are bracing for September to be the month that the Fed decides to cut the interest rates after the weakest jobs data in years was r...
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Thursday, September 4, 2025

What the Rates of Workers Switching Employers or Holding Multiple Jobs Can Tell Us

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  The St. Louis Fed recently analyzed how the portion of American workers who work multiple jobs has changed since the pandemic. During the ...
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Tuesday, September 2, 2025

Markets Stumble Out of Long Weekend

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With Labor Day weekend coming to a close, the stock market opened September on a weak note. The S&P 500 fell roughly 0.7% and the Nasdaq...
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Monday, September 1, 2025

The economy rebounded and has grown 3.3 percent in the second quarter

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U.S. Economy Rebounds in Second Quarter 2025   The U.S. economy showed a strong rebound this spring, bouncing back from a weak first quarte...

Global Music Industry Faces Slower Growth but Promises Long-Term Potential

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       Last year the global music industry grew significantly less than it did in 2023, growing only  6.2%  compared to  15.6%. Despite thes...

Germany issues with higher inflation and unemployment has reason for concern

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          Germany, like much of Europe, is having a huge issue with unemployment and inflation issues in their economy this summer. Germany...
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