Economics Roundtable
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.
Finally, it's hard to argue against the payroll employment graph below (straight from FRED) and the comparison across recessions (courtesy of Calculated Risk).
Looking Up At 2001
In February 2001, U.S. payroll employment peaked at 132.5 million. The November 2011 figure of 131.7 million still falls 800,000 jobs short of the earlier peak.
Click on the chart for a larger version.
November Payroll Employment
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.
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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.”
No Journal was published Tuesday, September 8, 1931, following Labor Day. See you tomorrow back in 1931!
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 ...
Note: I only have time for a short version today, and probably for a few weeks to come, due to heavy ...
