Category Archives: U.S. Economy

Rice Prices Forcing Cuts in Refugee Aid

(March 26, 2008) – The law of unintended consequences strikes again. The U.S. mandated ethanol requirements have forced a huge spike in corn, grain and meat prices; they have done tremendous damage to the poorest people in the world. Read … Continue reading

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Advance Report On Manufacturers' Shipments (-2.8%), Inventories (+0.5%), and Orders (-1.7%)

(March 26, 2008) – Another ugly one. The Census Bureau released their Advance Report On Manufacturers’ Shipments, Inventories, and Orders this morning, announcing that new orders for manufactured durable goods in February decreased $3.6 billion or 1.7% to $210.6 billion. … Continue reading

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