National economics correspondent, The Wall Street Journal

Who is Keith Hall? What the New CBO Director Has Said About The Economy

blogs.wsj.com — Congressional Republican leaders named Keith Hall on Friday as the next director of the Congressional Budget Office, an influential nonpartisan budget scorekeeper. The CBO plays a very important role analyzing congressional proposals and doing so without an ideological bent.

West coast ports are working clear the biggest ship backlog since 2004

U.S. New-Home Sizes Set Record Last Year

blogs.wsj.com — Like waistlines, American homes keep getting bigger. The median size of completed homes last year hit a new record of 2,415 square feet, according to the Commerce Department. Home sizes grew in every year between 1995 and 2007, but they fell during the recession as builders went small to compete with cheap foreclosures.

Hispanics Could Account for 40% of U.S. Job Growth by 2020

blogs.wsj.com — The U.S. Hispanic population will account for 40% of employment growth over the next five years and more than 75% from 2020 to 2034, according to a new study. That's around 11 million jobs out of 14 million new positions across the economy.

Why Do Budget Forecasters Keep Getting It So Wrong?

blogs.wsj.com — Trying to predict how much money the U.S. government is going to collect and spend over 10 years isn't easy. To understand how hard it can be, check out the forecasts for the past decade, most of which have missed by a mile.

What If the Economy Were Awesome, Always and Forever?

blogs.wsj.com — Since the 2007-08 financial crisis, income inequality has widened, labor-force participation has fallen and productivity growth has been abysmal. In its Economic Report of the President , the White House Council of Economic Advisers conducts a little thought experiment to show what might have happened if those forces hadn't stalled the economy.

Obama, in Economic Outlook, Paints Picture of a Tough Slog

wsj.com — The White House has a new tack for dealing with rising deficits: try to boost the workforce and its productivity in the hopes of muddling through the surge of retirees that will strain the social safety net for the next 20 years.

The U.S. Economy According to the White House in 10 Charts

blogs.wsj.com — The Economic Report of the President, released Thursday, frames Barack Obama's agenda to overhaul the corporate-tax code, boost infrastructure spending, approve new trade agreements and improve worker-friendly labor policies as the best way to boost the nation's economic output and productivity. No time to read more than 400 pages?

U.S. Budget Deficit Widens Slightly in January

wsj.com — WASHINGTON-The U.S. budget deficit widened slightly in January, a sign that sustained declines of the past five years are flattening out. The federal government's deficit for the first four months of the fiscal year totaled $194 billion, up from $183 billion in the same period a year earlier, the Treasury Department said Wednesday.

Coming Budget Poses Test for GOP

wsj.com — Newly empowered Republicans are looking to do something that hasn't been accomplished since 1996: funnel a budget through both houses of Congress and then pass timely appropriations bills. But first the party must agree on what its budget document should say.
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Feb 28, 2015

Charlie Munger designed the house he has lived in for 55 years. Also, university dorms: wsj.com/public/resourc… pic.twitter.com/aU7NeHrGIR

Feb 28, 2015

Warren Buffett: Market forecasters will fill your ear but will never fill your wallet. wsj.com/public/resourc… pic.twitter.com/ZVINagsXeo

Feb 28, 2015

Restaurant wages grew at a 3% annual pace in the 2nd half of 2014 vs 1.5% in 1st half of 2013 on.wsj.com/17F4sw4 pic.twitter.com/aUWDzoWdhu

Feb 28, 2015

The Federal Reserve is playing a mind game — but with enormous real-world consequences nytimes.com/2015/03/01/mag… pic.twitter.com/5Ly7Hn5dWq

Feb 28, 2015

Doral Bank shares plunged 46% after officials botched the bank's closure on Friday on.wsj.com/1AkQndA pic.twitter.com/ifzf2DCAIJ

Feb 27, 2015

@JodyShenn @Shnaps @nasiripour Yes, the economy also recovered and that helps. Hard to mod when no job.

Feb 27, 2015

@JodyShenn @Shnaps @nasiripour My point was: the kneejerk "1/3rd default rate is awful" misses the context WOEFULLY

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