The boom in domestic energy production and the indirect benefits to the rest of the economy from lower natural gas prices have played only a minor role in the US economy's strong performance compared...

Despite the Fed’s continuing quantitative easing, the growth rates of the broad monetary aggregates have actually fallen over the past few months. The annual growth rate of our measure of the broadest...

The slump in energy prices suggests that second-quarter GDP growth might not be as bad as we had initially feared when the incoming data for March proved to be unexpectedly weak.

The run of weak economic data reports, which continued last week with the news of an unexpected decline in March retail sales, has led to speculation that the US economy is enduring yet another spring...