Economic Indicators

Who is Alan Greenspan?

Critics, including many economists, blame Greenspan for not doing enough to prevent the 2008 recession.

Coronavirus batters Allentown's economy: 'That’s how America crumbles'

Allentown, which largely fended for itself amid sharply falling tax revenue, is yearning for help from the federal government as the third-largest city in Pennsylvania with a population of over 120,000 can barely plug a multimillion-dollar budget hole left by the coronavirus pandemic.

What is a market economy?

It's characterized by a lack of government intervention, private ownership, freedom of choice, self-interest and competition.