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.
Mish’s Global Econ. Trend Analysis
"Thoughts on the great inflation/deflation/stagflation debate as well as discussions on commodities, currencies, interest rates, and policy decisions that affect the global markets.”
Yesterday, a writer for the Washington Post expressed the same opinion.
Please consider 7 countries where Americans can study at universities, in English, for free (or almost free).
Since 1985, ...
We have always found that swings in analyst earnings expectations mirror the economic cycle quite well, but because of the weekly frequency, swings in analyst earnings optimism often ...
Two Las Vegas entrepreneurs attempting to sell the rights to Ebola.com succeeded in selling to the highest bidder -- literally.
Chris Hood and Jon Schultz paid ...
The future of shopping has arrived, and it's not human.
Not only do robots cost less than humans, they don't complain, they speak multiple languages, and most importantly, by scanning aisles they know where every item is in the store and can take ...
Yesterday, just seconds after takeoff, a NASA Antares rocket with a Russian-made engine exploded on takeoff. The mission was to carry supplies to the orbiting space station.
Today, the Guardian reports that Russian rocket manufacturer insists ...
Here are a few details, generally expected
The Committee judges that there has been a substantial improvement in the outlook for ...
Westerbeke states that a surface-to-air missile is the most likely scenario, but he also discusses "secret satellite images and a possible involvement of the Ukrainian military."
Here are edited interview snips from
The headline data shows new orders for manufactured durable goods in September decreased $3.2 billion or 1.3 percent. This follows ...
The West, and Europe in particular, is one or two rounds of sanctions and counter-sanctions away from entering ...
The relationship between housing affordability and politics in the US is startlingly strong as these charts by ...