The Problem - I
Calculated Risk has the clearest picture of
the problem we face.
Click on the chart for a larger version.
The Problem - II
Calculated Risk adds the the clearest picture of
the housing tailspin.
Click on the chart for a larger version.
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
Click on the chart for a larger version.
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.
Click on the chart for a larger version.
Current Economic Conditions 6/5/10
James Hamilton summarizes the situation.
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EconWeekly
"Economic analysis of current issues, every Friday.” Francisco M. Torralba.
February 10, 2010, 7:23 pm, 648261
I haven't hammered out a story yet, but here's some food for thought:
Lately productivity growth has accelerated, while the unemployment rate has ...
February 4, 2010, 7:23 pm, 644862
I just found out that my
paper (with co-authors E. Hurst, A. Lusardi, and A. Kennickell) got published!!
Abstract—Not properly accounting for differences between business owners and nonbusiness owners in studies of household wealth can lead to erroneous conclusions about the significance of different saving ...
January 31, 2010, 9:23 pm, 641663
The latest figures on economic growth released by the Bureau of Economic Analysis (BEA) are bad. Yes, GDP growth has surged to 5.7% in the fourth quarter of 2009. But the contributions of investment, government expenditures, and net exports are almost nigh. Personal consumption expenditures has added 1.4 percentage points ...
January 11, 2010, 7:23 pm, 629441
Chart 1 (click to enlarge)
It’s been hard for news readers to avoid the word “recession” this January. The number of newspaper stories mentioning it has ...
January 11, 2010, 7:23 pm, 629440
The latest economic data show that output growth has weakened and unemployment is creeping up. The government is worried, with good reason, that the economy is going through a pronounced slowdown, perhaps even a recession. To limit the damage, Congress yesterday approved a battery of fiscal measures. By my reckoning, ...
January 11, 2010, 7:23 pm, 629442
According to a
study released yesterday by the National Association of College and University Business Officers (NACUBO), the endowment fund of Harvard University is worth $34.6 billion, a 19.8% percent higher than a year ago. 76 colleges and universities sit on endowments over $1b. Even more impressively, almost every ...
January 11, 2010, 7:23 pm, 629437
Spain is different. The slogan, which the tourism industry used in the 1950s to celebrate the country’s identity and culture, is nowadays something of a joke. Among Spaniards, the old line is an expression of self-deprecation, of a sentiment of quirkiness and inferiority, which constitutes a fundamental part of ...
January 11, 2010, 7:23 pm, 629436
...on EconWeekly: A generous reader gave me a tip today.
If you visit the website you'll see this at the end of each post:
starting with my post from last week. (For people reading this on an ...
January 11, 2010, 7:23 pm, 629438
Imagine if you didn’t have to file a tax return. Imagine if, come T-day, the only thing you needed to do to comply with your tax obligations was to sign a form and mail it. And imagine if this could be done without changing a comma of the tax code. ...
January 11, 2010, 7:23 pm, 629439
With Federal Reserve and government doing their best to stimulate demand, people have started looking at inflation. The worry is that the economy is not as sick as our policymakers think, and so the fiscal and monetary medicines are excessive. Markets disagree.
Expected inflation is an important determinant of ...
