Economics Roundtable

Database Maintenance 7/4/15

Routine database maintenance will induce some duplicated items for the next day or two.


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.


Jobs

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 .


Click on the image to get a bigger version.


Graph-of-the-Year Candidates

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.


Remember M1?

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?


Click on the chart for a larger version.


EconModel

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News from 1930

"Being a daily summary based upon my reading of the Wall Street Journal from the corresponding day in 1930.”


July 5, 2015, 12:34 am, 1502005

No Journal was published Tuesday, September 8, 1931, following Labor Day. See you tomorrow back in 1931! ...


July 5, 2015, 12:34 am, 1502006

No Journal was published Monday, September 7, 1931, Labor Day. I'm putting the week in review for last week in today's blog for ...


July 5, 2015, 12:34 am, 1502007

No Journal was published Sunday, September 6, 1931. See you tomorrow back in 1931!


July 5, 2015, 12:34 am, 1502008

Assorted historical stuff:

Editorial: News that the $800M 20-year ...


July 5, 2015, 12:34 am, 1502004

Assorted historical stuff:

US Census ...


July 5, 2015, 12:34 am, 1502003

Note: I only have time for a short version today, and probably for a few weeks to come, due to heavy ...


July 5, 2015, 12:34 am, 1502000

No Journal was published Sunday, September 13, 1931. See you tomorrow back in 1931!


July 5, 2015, 12:34 am, 1502001

Assorted historical stuff:

House of Commons debate adjourned ...


July 5, 2015, 12:34 am, 1502002

Note: I only have time for a short version today, and probably for a few weeks to ...


July 5, 2015, 12:34 am, 1501999

Assorted historical stuff:

Times special reports ...