May 2014 Payroll Employment
After 76 months, we finally got back to the prerecession level of payroll employment.
Click on the image to get a bigger version.
The best summary of the state of our economy is the graph (below) of employment as a fraction of population for people over 16 years old. The decrease is large, but the most troubling feature of the graph is the flat trend .
Donald Marron likes European interest rates. Click on the image to get a bigger version. Can you find three distinct subperiods?
Brad DeLong favors the U.S. gdp gap.
Money Supply M1 growth is now over 20% per year over a 12 month lag. M1 growth has touched 20% before, but not with excess reserves of $1.6 trillion. Where is M1 headed?
The Economics Roundtable is sponsored by EconModel.
The Classic Economic Models cover micro, macro, and financial markets.
"Random thoughts on Politics and Economics”
Other key indicators include November vehicle sales, the November ISM manufacturing and non-manufacturing indexes, and the October trade deficit.
Federal Reserve Chair Janet Yellen will speak on the Economic Outlook.
----- Monday, November 30th -----
Here is the unofficial problem bank list for November 2015.
Changes and comments from surferdude808:
Update on the Unofficial Problem Bank List for November 2015. During the month, the list fell ...
From Zillow: Case-Shiller Forecast Calls for Similar Annual, Monthly Gains in October
The September S&P Case-Shiller ...
Note: There were 23 selling days in November, down from ...
One of the cast members is Steven Clark, the son of my college roommate.
I'm biased but I think Steven ...
First a review of the previous three years ...
Here is a summary of forecasts for 2015. ...
The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for October 2015. In the past month, the indexes increased in 43 states, decreased in six, and remained stable in one, for a one-month diffusion index of 74. Over ...
Earlier: New Home Sales increased to 495,000 Annual Rate in October.
Even though the October report was somewhat ...
The previous three months were revised down by a total of 40 thousand (SAAR).
"SSales of new single-family houses in October 2015 were at a seasonally adjusted ...
Personal income increased $68.1 billion, or 0.4 percent ... in October, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $15.2 billion, or 0.1 percent.
Real PCE -- PCE adjusted to remove ...