Economics Roundtable
The Problem - I
Calculated Risk has the clearest picture of the problem we face.
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The Problem - II
Calculated Risk adds the the clearest picture of the housing tailspin.
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Special Topic 8/4/10
This week, the Roundtable will feature a special listing for reaction to the payroll employment figures from ADP on Wednesday and the BLS on Friday.
ADP: +42,000
BLS: -131,000/+71,000
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Special Topics 6/28/10
This week, the Roundtable will feature special listings for reaction to Wednesday's
CBO budget projections and the
payroll employment figures
from ADP on Wednesday and the BLS on Friday.
ADP: +13,000
BLS: -125,000/+83,000
CBO: Take your pick.
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Current Economic Conditions 6/5/10
James Hamilton summarizes the situation.
EconModel
The Economics Roundtable is sponsored by EconModel.
The Classic Economic Models cover micro, macro, and financial markets.
Economics Unbound (Mike Mandel)
Over the next week, as I clean up my desk, I'm going to be doing short reviews of books that I have been meaning to write about. Let's start with Profit Power Economics, a fascinating new book which combines corporate strategy and economics. The author, Mia de Kuijper, runs her ...
In recent months, I've repeatedly made the point that the financial crisis was a symptom, not a cause. Innovation was weaker than expected, private sector job growth outside of healthcare was virtually nonexistent, while real wages and real stock values showed little gains from the late 1990s to the end ...
This morning's productivity numbers showed a huge gain in output per hour in the third quarter--up at an annual rate of 9.5% in the nonfarm business sector.
But here's something else. If we are to believe these numbers, the biggest financial crisis since the Great Depression has actually produced ...
I'm about to go down to DC to attend this conference (I'm giving the after-dinner remarks as well)
Measurement Issues Arising from the Growth of Globalization
This is a very important conference as we try to figure what is *really* going on in the U.S. economy. I'll be writing ...
...if anyone is interested.
Following my usual practice, I regret to inform you that I've reduced my investments in domestic equities. I think this play still has another unhappy act to run before the (perhaps) happy ending. But is there an intermission?
Here's more bad news for jobs.
According to this morning's trade report, the advanced technology trade deficit widened to $18.2 billion in the third quarter, up from $12.9 billion in the second quarter of 2009 (advanced technology products include 10 categories, such as information and communications, biotechnology, and ...
To confirm the rumors: I was not offered a position by Bloomberg.
To my friends at BusinessWeek, both old and new: We had a fantastic run, and I loved working with you all. Sometimes we were good, sometimes we were great, but we always had integrity and soul (yes, that's ...
The headline number for this morning's PPI report was an 0.6% decline in the price of finished goods less food and energy ("core PPI"). In fact, core finished goods PPI has fallen for 4 out of the past 6 months. So if we just look at this number, inflation ...
Next week I'm looking forward to speaking at two important innovation-related conferences. On Thursday I will be in Chicago at "Innovating Our Way to Prosperity" put on by The Institute for Work and the Economy. It's obviously a critical topic these days, given the weak state of the job ...
You can find my next blog at
www.southmountaineconomics.com
I'm taking a hiatus from blogging for about a month. But I will be focusing on innovation and growth.
(If there's any problem with getting to the blog, let me know)