• Current account deficit at $104.2 billion, 1.9% of GDP. • Exports and imports of goods and services decline. • Revisions create smaller deficits in recent years, larger ones in past. • Expanded statistics on trade in services. The [...]
Introducing
Gerald D. Cohen
in:Our Authors
Gerald Cohen provides strategic vision and leadership of the translational economic research and policy initiatives at the Kenan Institute of Private Enterprise.
He has worked in both the public and private sectors focusing on the intersection between financial markets and economic fundamentals. He was a Senior Economist at Haver Analytics from January 2019 to February 2021. During the Obama Administration Gerald was Deputy Assistant Secretary for Macroeconomic Analysis at the U.S. Department of Treasury where he helped formulate and evaluate the impact of policy proposals on the U.S. economy. Prior to Treasury, he co-managed a global macro fund at Ziff Brothers Investments.
Gerald holds a bachelor’s of science from the Massachusetts Institute of Technology and a Ph.D. in Economics from Harvard University and is a contributing author to 30-Second Money as well as a co-author of Political Cycles and the Macroeconomy.
Publications by Gerald D. Cohen
Global| Jun 19 2020U.S. Current Account Deficit Essentially Unchanged in Q1
- Global| Jun 19 2020
U.S. Current Account Deficit Essentially Unchanged in Q1
• Current account deficit at $104.2 billion, 1.9% of GDP. • Exports and imports of goods and services decline. • Revisions create smaller deficits in recent years, larger ones in past. • Expanded statistics on trade in services. The [...]
- Global| Jun 18 2020
State & Pandemic Assistance Continuing Claims at 30.9 million; 19.5% of Labor Force
• Initial jobless claims edged down to a still extremely-elevated 1.508 million in the week ending June 13. • Federal Pandemic Unemployment Assistance new filers rise to 760.526. • Continuing claim for state programs ticked down to [...]
- Global| Jun 18 2020
State & Pandemic Assistance Continuing Claims at 30.9 million; 19.5% of Labor Force
• Initial jobless claims edged down to a still extremely-elevated 1.508 million in the week ending June 13. • Federal Pandemic Unemployment Assistance new filers rise to 760,526. • Continuing claims for state programs ticked down to [...]
• Industrial production rose 1.4% in May after a downwardly-revised record 12.5% drop in April. • Manufacturing increased 3.8%; still at 1997 levels. • Motor vehicle output more than doubles but at just 36.4% of February level. [...]
• Industrial production rose 1.4% in May after a downwardly-revised record 12.5% drop in April. • Manufacturing increased 3.8%; still at 1997 levels. • Motor vehicle output more than doubles but at just 36.4% of February level. [...]
- Global| Jun 11 2020
State & Pandemic Assistance Continuing Claims Total 31.2 Million; 19.7% of Labor Force
• Initial jobless claims declined to a still extremely-elevated 1.542 million in the week ending June 6. • Federal Pandemic Unemployment Assistance new filers down to 705,676. • Continuing claim for state programs decreased to 20.9 [...]
- Global| Jun 11 2020
State & Pandemic Assistance Continuing Claims Total 31.2 Million; 19.7% of Labor Force
• Initial jobless claims declined to a still extremely-elevated 1.542 million in the week ending June 6. • Federal Pandemic Unemployment Assistance new filers down to 705,676. • Continuing claim for state programs decreased to 20.9 [...]
- Global| Jun 10 2020
U.S. FY to Date Government Budget Deficit Rises to a Record $1.9 Trillion
• May budget deficit of $399 billion; fiscal-year-to-date (FY) deficit of $1.88 trillion. • Last month FY surpassed dollar deficit record, this month share of GDP at 75-year high. • FY outlays up 29.4% versus a year ago; revenues down [...]
• Mortgage applications increased 9.3% in week ending June 5. • 15-year fixed rate mortgage declines to seven-year low of 2.89%. The Mortgage Bankers Association reported that its total Mortgage Applications Index rose 9.3% (48.1% [...]
- Global| Jun 10 2020
U.S. FY to Date Government Budget Deficit Rises to a Record $1.9 Trillion
• May budget deficit of $399 billion; fiscal-year-to-date (FY) deficit of $1.88 trillion. • Last month FY surpassed dollar deficit record, this month share of GDP at 75-year high. • FY outlays up 29.4% versus a year ago; revenues down [...]
• Mortgage applications increased 9.3% in week ending June 5. • 15-year fixed rate mortgage declines to seven-year low of 2.89%. The Mortgage Bankers Association reported that its total Mortgage Applications Index rose 9.3% (48.1% [...]
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