Econ70

Outpatient Operations

10/04/2017

According to the American Hospital Association, from 1995 through 2014 inpatient admissions to hospitals rose by just 7.6%. By contrast, outpatient visits to free-standing emergency rooms, clinics, urgent care facilities and micro-hospitals rose 81%. Non-hospital operations generate lower revenues but…

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Flint Failure

10/03/2017

Between 4/14 and 10/15, Flint, Michigan changed water suppliers, spawning a public-health crisis as the new water contained high lead levels. Research now shows that despite no reported decline in sexual activity, births declined by 12% and fetal deaths rose…

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Tough Taxes

10/02/2017

Compared to 188 other countries and taxing jurisdictions, the US has the third highest corporate tax rate. The highest rate belongs to the United Arab Emirates at 55%, followed by Puerto Rico (a US territory) at 39% and the USA…

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Happy Horses

09/29/2017

The Friday File: After hitting a cyclical high of 122 in 2007, the number of half-million dollar and up yearling sales at Keeneland tumbled to a low of 28 in 2010 amid the panic of the Great Recession. Sales volume…

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Productivity Progress

09/28/2017

While labor productivity growth is very weak, we can improve it. Broadly speaking, government policies work best when they address needs that the private sector ignores. These include basic research, infrastructure, early childhood education, schooling, public health and so on.…

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Double Deduction

09/27/2017

The standard deduction in 2017, if married is $12,700; $6,350 if single. Trump proposes doubling it. This will eliminate itemizing for married households with deductions between $12,701 and $25,400. Based on 2015 data, the average itemizing household with AGI of…

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Major Medical

09/26/2017

The average cost of an employer-offered family health insurance plan in 2017 was an eyewatering $18,764, up 3% from 2016. Employees paid an average of $5,714 or 31% of the premium. For an individual worker, coverage cost $6,690, a 4%…

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Sales Slide

09/25/2017

Because single-family construction activity is rising much too slowly while multifamily activity shrinks, housing inventory has declined Y-o-Y for 27 straight months, prices keep rising faster than wages, and affordability is at its lowest level since early 2009. As a…

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Car Crashes

09/22/2017

The Friday File: The movie that destroyed the most cars is Transformers 3 at 532 vehicles, next is Matrix Reloaded at 300. In third, Fast & Furious 5 which wrecked 260, followed by Junkman with 150 vehicles. Fifth is A…

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Almighty Amazon

09/21/2017

With the competition to lure Amazon’s second headquarters in full swing, I think the competition really boils down to just Austin, Atlanta, Dallas, and Nashville. All are relatively inexpensive, have good airports and universities, are large enough for Amazon not…

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