A Quarterly Economic Update

Oct 09, 2008
B-354 Rayburn House Office Building


Dr. Bruce Yandle
Professor Emeritus and BB&T Scholar
Clemson University

Click Here to listen to an audio recording of this presentation.

Click Here to view Dr. Yandle's powerpoint presentation.

Click Here to view a special update to the Economic Situation Report.

Click Here to view September's Economic Situation Report.

This summer has proved to be a turbulent time with troubled financial markets seeking to rebuild capital, rising and falling gas prices, presidential campaigns, and destructive hurricanes - but what will this mean for the American economy?  In order to keep Congressional staffers up to date on the latest economic trends, the Mercatus Center at George Mason University hosts quarterly briefings that survey the economic scene. Specific attention will be paid to trends in GDP growth, employment, inflation and interest rates, all conveyed in a way that is understandable to the economist and non-economist alike. This "birds-eye-view" of the economy will be valuable to staffers interested in promoting policies intended to aid economic performance.

We will be addressing such topics as:

  • How have shoppers in the world market adjusted to the United States’ changing economic condition?
  • How did the economy bounce to 3.3% growth? What explains 6.1% unemployment and which states have been hit the hardest?
  • How does the United States compare to the rest of the world in developing a knowledge economy?