Up Front Blog

Reuters/Brian Snyder - Signs advertise an apartment for rent and a multi-family unit for sale in Somerville, Massachusetts.
Ted Gayer, November 19, 2009
The housing market, thought to finally be stabilizing, took a surprising tumble with new-home starts dropping 10.6% in October from the previous month. Ted Gayer writes that those expecting the recently extended and expanded homebuyer tax credit to improve this situation are likely to be disappointed, and that the credit may be unintentionally weakening the rental market.
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Topics, Housing, U.S. Economy
Spotlight: U.S. Economy

REUTERS/Rick Wilking - A sign announces a section of road work funded by the American Recovery and Reinvestment Act
Gary Burtless, November 09, 2009
When the stimulus package was enacted last winter, the Obama administration said its goal was to create or save 3.5 million jobs by the end of 2010. Gary Burtless analyzes how closely the administration is coming to achieving that goal so far. He finds that, on the whole, recent reports have understated the net effect of the stimulus program on overall employment by not taking into account the indirect effects of the stimulus on consumer spending and employment.
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U.S. Economy, U.S. Economic Growth, Unemployment
Spotlight: Climate Change

Reuters - The sun rises over an oil refinery.
Adele Morris, November 06, 2009
The Senate Environment and Public Works Committee approved a climate change bill last week despite a boycott from Republican committee members. Fellow Adele Morris examines the legislation and what policymakers will be able to offer at the climate change talks in Copenhagen next month.
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Climate and Energy Economics, Climate Change, Global Environment