This is the beginning of a series of articles on electric vehicles. This is not meant to be an engineering series but a more general look that focuses on the broader history, the present situation, future uses, and potential problems of the new “Electric Age.”
FTR Expert Steve Graham takes a look at how close we are to a recession and whether we could avoid it entirely.
FTR Expert Steve Graham weighs in on how things look economically as we reach the halfway point of 2022.
If economists and central bankers had a “Public Enemy” category, like INTERPOL or the FBI do, inflation would undoubtedly be elected the No. 1 enemy of the people.
It is widely known that there is a shortage of semiconductors on a global scale that is affecting production in a host of industries. Goldman Sachs says 169 industries are affected by the crunch. The poster child for the shortage seems to be the global auto manufacturing industry, where lost production affects tens of thousands of workers and a great deal of lost revenue.
With the technological explosion of data and the rise of social media platforms, the world is faced with new challenges coming from these technological developments. The changes in data collection and analysis are changing the way we do business and are having political and economic impacts that we have only begun to understand.
Prospects for 2022 are bright, as the global economy recovers from the COVID-19 pandemic and loss of economic activity associated with the shutdowns of key economic drivers, aimed to slow the spread of the disease.
The U.S. economy had a very strong second quarter, with real GDP rising at an annualized 6,5% rate. Prospects for the third quarter were projected to come in just slightly below the second quarter pace, but the rise of the Delta variant of the COVID-19 virus has caused some downward projections to emerge in the weeks since Q3 started. In early September, we learned that the impact of the Delta variant was substantial.
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