National economics correspondent, The Wall Street Journal

Red-State Drivers Spend More of Their Income on Gas

blogs.wsj.com — Low gas prices have fallen to their lowest level in almost five years. But the benefit to consumers could be bigger in some states than others. Namely, consumers in Republican-leaning states tend to spend a higher share of their incomes on gasoline, which means that they may be slightly more sensitive to the changes in prices at the pump.

November Jobs Report: How Many New Jobs Are Actually Full Time?

blogs.wsj.com — A common reaction to a string of solid job gains-such as Friday's news that the economy has added 2.7 million jobs over the past year, which is at an eight-year high-goes something like this: Well, how many of those jobs are full-time? The answer is most of them.

The November Jobs Report in 10 Charts

blogs.wsj.com — U.S. employers added 321,000 jobs in November, the best single month of job growth since January 2012. Revisions to October and September showed that another 44,000 more jobs were added than previous estimates showed. Here are 10 charts that break down the latest employment report: Job growth is now on pace to hit its highest annual level since 1999.

How Higher Gas Prices Can Shape Home Values

blogs.wsj.com — Depending on where you live, rising gas prices can change the value of your home-for better or worse, according to a new paper. The study found that a 10% increase in gas prices can boost home prices by around 2% in certain neighborhoods, while reducing prices by around 1% in others.

Fed Limited in Its Oversight of Nonbank Financial Activities, Brainard Says

blogs.wsj.com — Federal Reserve Gov. Lael Brainard said Wednesday the central bank's limited reach over nonbank financial activities, or the so-called shadow banking sector, meant it would put more emphasis on ensuring the "structural resilience" of the nation's largest and most complex institutions to maintain financial stability.

Lower Gas Prices: How Big A Boost For the Economy?

blogs.wsj.com — Oil prices have dropped below $70 a barrel in the U.S. after OPEC opted against cutting production levels last week in what some analysts view as a bid by Persian Gulf states to test the willingness of American shale-oil producers to keep drilling wells.

How Much Do Neighborhoods Influence Future Earnings?

blogs.wsj.com — The potential impact on lifetime earnings between growing up in a well-to-do neighborhood and a poor neighborhood is potentially larger than the difference between the earnings of the average college and high school graduate, according to a new study on social mobility.

New Mortgage Lending Drops to 13-Year Low

blogs.wsj.com — New figures released by the Federal Reserve Bank of New York on Tuesday show that mortgage lending is running at its lowest level in 13 years, with 2014 on pace to be the weakest for new loans since 2000.

Why Didn’t New Jersey See More Declines in Household Debt?

blogs.wsj.com — The New York Fed's latest report on household debt shows that the so-called deleveraging process, by which households reduced their debt burdens following the recession, has ended after around five years. Tuesday's report reveals one state where debt loads are still very high and where deleveraging hasn't happened much: New Jersey.

Rental Apartment Construction Is At a 27-Year High

blogs.wsj.com — New figures offer the latest reminder of an apartment boom. Housing starts fell in October because of a 15.5% drop in the multifamily sector, which is notoriously volatile. But the broader picture shows that apartments have been on a tear this year.
More Articles →
Dec 18, 2014

RT @stevelevine: Cassandra alert: Hand-wringing over low oil prices is reminiscent of the alarm in 2000 over the budget surplus. Look how that one turned out

Dec 18, 2014

Global deaths from infectious disease down 25% since 1990, from noncommunicable disease up 40% on.wsj.com/1sHeaaW pic.twitter.com/60QjuCSBLS

Dec 18, 2014

RT @chicoharlan: On U.S. State Sponsors of Terrorism list: Cuba — Yes North Korea — No

Dec 18, 2014

@RobTVDC those poor young people. they missed a chance to lever up with cash-out refi during a once-in-a-lifetime housing bubble.

Dec 17, 2014

"One of the first known instances of a threat from another nation pre-empting the release of a movie." nyti.ms/1GtAU0R

Dec 17, 2014

RT @infiniteideal: Dear North Korean hackers, Sallie Mae wants to kill your beloved leader. Signed, A concerned college grad

Dec 17, 2014

ThyssenKrupp tests a cable-free elevator that allows cars to run diagonally and sideways on.wsj.com/1yWbJxP pic.twitter.com/BV3Wt69jmx

Learn how to connect with Nick on social media by joining Muck Rack Pro



Are You a Journalist?

Make a Portfolio

Create a free Muck Rack account to customize your profile and upload a portfolio of your best work.


Share This Profile