Lewis & Clark Economics Department

09/11/2019

Welcome back LC students! Hope everyone is all situated with their classes and ready to take on this Fall Semester 👍🏼

04/26/2019

Happy Friday! As the year is wrapping up, take a break from paper-writing and studying for exams to read about the impact of the booming ma*****na industry on job growth in the United States:

As legalization spreads, listings for cannabis-related positions on recruitment sites have soared. But working in the industry comes with caveats.

04/04/2019

Unemployment is near the lowest it has been in 50 years. However, job layoffs are up 35% from the beginning of last year. Read about possible reasons why from CNBC here:

Total cuts hit 190,410, a 10.3 percent increase from the fourth quarter and 35.6 percent jump from the same period a year ago.

03/19/2019

The CNBC Fed Survey for March predicts that economic growth will slow down rapidly this year and next. Read all about this and the other findings of the survey here:

The average forecast for GDP growth this year is just 2.3 percent because of the trade battle and slowing global growth, the March survey found.

02/22/2019

The economic growth that we saw in 2018 is beginning to soften. Check out this CNBC article and have a great weekend!

The U.S. economy maintained "solid" growth through the second half of 2018, likely expanding "just under" 3 percent for the year, though consumer and business spending had begun to weaken, the Federal Reserve said on Friday.

02/01/2019

What impact did the government shutdown have on the economy? Take a look at these two articles offering two different views of the effects:

https://www.washingtonpost.com/opinions/2019/01/31/what-trumps-shutdown-did-economy/?utm_term=.1c50d58fe0a6

https://www.nytimes.com/2019/02/01/business/economy/jobs-report.html

Consumer confidence is the lifeblood of the U.S. economy

01/23/2019

Welcome back Pios! We hope you had a restful break and are ready to get back into the swing of things. Take a look at this New York Times article that discusses the economic impact of the government shutdown:

The White House doubled its estimate of the shutdown’s drag on growth, and other economists warned a long stalemate could push the economy into a contraction.

12/07/2018

Did you know that all LC students and faculty now have unlimited online access to the New York times (with an .edu email)? Test it out by reading this NYT article about the impacts of President Trump's trade war with China on the stock market.

https://www.nytimes.com/2018/12/07/business/stock-market-activity.html

Major stock indexes dropped again Friday, in Wall Street’s third decline this week.

11/30/2018

Good morning Pios! Take a look at this CNBC article that claims the Trump Administration's tariffs will raise prices but not bring more jobs to the United States:

The Trump administration's widening trade war is going to raise prices for U.S. consumers, but it won't bring back many manufacturing jobs that have moved overseas, according to a survey of more than 800 U.S. companies. 

11/16/2018

Roses are red,
short-term oil supply is inelastic,
if you read this article,
then your weekend will be fantastic ;)

Blame the turmoil on American policy

11/09/2018

Hello Economists! Take a look at this incredibly cool conference that aims to diversify economics and economic-related fields through the mentorship of black women! https://www.sadietannerconference.org/

If you are interested, it is likely that funding could be secured for your attendance to the conference. For further information, contact Professor Aine McCarthy at [email protected].

Sponsored by ​Mathematica Policy Research