The Council of Economic Advisers (CEA), after decomposing the Personal Consumption Expenditure Price Index into imported and domestic components, found that the prices of imported goods have not only ...

Learn why Giffen goods defy normal demand rules; see how bread and rice demand rise with price in this economic phenomenon.

Former budget director Mick Mulvaney recently wrote that inflation “is too much money chasing too few goods.” That he was incorrect about inflation doesn’t indict him as much as it places him in a ...

Forbes contributors publish independent expert analyses and insights. Making wealth creation easy, accessible and transparent. The durable goods report measures the demand for long-lasting expensive ...

New orders for manufactured durable goods rose 5.3% to $323.79 in November, exceeding the projected 3.1% increase. This followed a 2.1 percent October decrease. Compared to a year ago, new orders are ...

Capital goods are any asset that is used by a company to produce products or services for consumers. For example, car factories are capital goods used in the auto industry, while cooking appliances ...