Michigan Consumer Sentiment Index: Best Level in Over Three Years

The University of Michigan Consumer Sentiment Index final report for February came in at 77.5, the highest level since January 2008. The February number beat the Briefing.com consensus expectation of no change from the 75.1 in the February preliminary report.

The Loss of American Manufacturing Jobs: The Reasons Are Not Just “Unfair Labor Practices Abroad”

The ultimate reason for loss of American jobs is global labor competition. It is an oversimplification to attribute job loss to excessive imports.