Economics Roundtable

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 .

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.


The Economics Roundtable is sponsored by EconModel.

The Classic Economic Models cover micro, macro, and financial markets.

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Outside the Beltway

August 27, 2015, 2:34 pm, 1535201

The first revision of Gross Domestic Product for the second quarter showed the economy growing at a far better pace than initially believed:

The economy grew much more quickly last quarter than initially thought as businesses and ...

August 25, 2015, 10:34 am, 1533791

Yesterday’s stock market plunge, which capped off several days of declines that started with uncertainty in Chinese markets amid signs that their economy there is ...

August 13, 2015, 4:34 pm, 1528045

Sesame Street is moving to HBO:

The letters of the day on “Sesame Street” are H, B and O.

Sesame Workshop, the nonprofit group behind the children’s television program, has struck a deal with HBO, the premium cable ...

August 12, 2015, 4:34 pm, 1527332

Wisconsin Governor Scott Walker took a break from the campaign trail today to sign into a law a bill that puts Wisconsin taxpayers on the hook to the tune for $400 million to build a ...

August 11, 2015, 2:34 pm, 1526578

A relic of the 70s and 80s that somehow managed survive until 2015 is no more:

The owner of onetime mail-order music giant Columbia House filed for chapter 11 bankruptcy protection Monday, seeking to sell what ...

August 7, 2015, 2:34 pm, 1524112

July’s jobs report wasn’t exactly spectacular, but it wasn’t bad either. Instead, what we got was a report that was almost completely in line the forecasts that analysts had released earlier this week and one that ...

August 2, 2015, 10:34 am, 1520469

Dan Price announced that he’d pay a middle class salary to all his employees. His clients, customers, and even the employees themselves are unhappy.

NYT (“A Company Copes With ...

July 30, 2015, 10:34 am, 1518542

After another dismal first quarter in which the economic growth actually turned slightly negative, the first release of the second quarter’s Gross Domestic Product numbers seems to indicate that things got better after the weather warmed ...

July 30, 2015, 8:34 am, 1518458

China adds to its status as the honey badger of intellectual property law.

AFP (“Michael Jordan loses China trademark suit“):

A Beijing court has dismissed a trademark case brought by US basketball superstar ...

July 28, 2015, 8:34 am, 1516834

An unsigned American Interest article titled “Red States Eat Blue States’ Lunch” reports,

The West and the South—not California or the Northeast—are apparently the places to move these days. In ...