Browsed by
Category: Economics

a woman fortune telling
Forecasting Gas Prices Using R

Forecasting Gas Prices Using R

Introduction Gas prices impact our daily lives significantly. Whether it’s driving to work, transporting goods, or planning a road trip, the cost of gas can affect our decisions and budgets. With this in mind, I set out to create a simple, yet thorough model that could predict future gas prices. In this blog post, we’ll take you through the project, explaining the process in simple terms and sharing our findings. The primary engine behind this project is Fable, an easy-to-use…

Read More Read More

white and pink gasoline station near ocean
Riding the Waves: Ups and Downs of Gas Prices

Riding the Waves: Ups and Downs of Gas Prices

This April gas price report is based on data through March 2024. All insights provided are taken from the Gas Price Tracker which is updated monthly. Direction in Prices So Far Gas prices have generally trended downward since reaching a peak in June 2022. Although there were increases in September 2023 and March 2024, longer-term trends indicate a declining price index. While prices are higher than they’ve been in the past few years, current rates are slightly lower than the…

Read More Read More

reston
Unpacking the Role of American Politicians in the Housing Crisis

Unpacking the Role of American Politicians in the Housing Crisis

The American housing crisis is a complex issue, deeply rooted in policy decisions that span decades. It’s a story of missed opportunities, short-sighted policies, and, at times, a stark lack of political will. This post dives into the ways in which political decisions have contributed to this crisis, backed by data and references that highlight the scale of the failure. First, let’s look at the numbers: According to the National Low Income Housing Coalition, the U.S. has a shortage of…

Read More Read More

pexels-photo-259132.jpeg
Navigating the Economic Currents: The Fed’s Stand on Interest Rates and Its Ripple Effects

Navigating the Economic Currents: The Fed’s Stand on Interest Rates and Its Ripple Effects

In the intricate dance of economic policy and market dynamics, the Federal Reserve’s recent decision to maintain the federal-funds rate steady between 5.25% and 5.50% emerges as a pivotal moment, sending waves through the financial markets and beyond. This decision, articulated by Fed Chairman Jerome Powell, was more than a mere numerical declaration; it was a nuanced signal to the markets, indicative of the Fed’s ongoing commitment to taming inflation and ensuring long-term economic stability, even at the cost of…

Read More Read More