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

November 24, 2015, 12:34 pm, 1581381

After an initial report that seemed to suggest that economic growth over the summer was sluggish at best, the first revision to that report is somewhat more optimistic:

The American economy turned in a better ...

November 16, 2015, 4:34 pm, 1577228

Sony announced last week that Betamax, the videotape format that long ago lost a format war to VHS that itself was swept aside by DVD, Blu-Ray, and now online streaming, would officially die early next ...

November 15, 2015, 4:34 pm, 1576737

Not unexpectedly, last night’s Democratic Debate in Iowa drew the lowest ratings of any debate so far:

The second Democratic primary debate of the year averaged 8.5 million viewers on Saturday night, far fewer than the ...

November 12, 2015, 8:34 am, 1575282

During Tuesday night’s debate, as well as at nearly every campaign appearance he’s made and interview he’s given, Donald Trump hit upon his claim that he is “self-funding” his campaign for President and therefore would not be beholden ...

November 8, 2015, 2:34 pm, 1572644

The 2015 holiday season has barely begun and the first shots in the War On Christmas have already been fired in the form of Starbucks coffee cups:

Some people are angry about Starbucks’ new holiday ...

November 6, 2015, 2:34 pm, 1571647

In a move that in the end surprises nobody, the Obama Administration has rejected the application to approve the Keystone XL Pipeline that would have brought oil extracted from regions in Alberta, Canada and potentially ...

November 6, 2015, 10:34 am, 1571486

After several months of jobs reports that could be described as fair to middling at best, the October Jobs Report released today came in far stronger than even the most optimistic analysts were expanded, and ...

November 3, 2015, 4:34 pm, 1569319

The Keystone XL pipeline, which has been delayed for years due to court fights and applications for government approval in the United States, seems likely to face another delay now that the company behind it has

November 2, 2015, 6:34 pm, 1568586

Star Trek is headed back to television, but you’ll only be able to find it on a subscription streaming service:

“Star Trek,” that venerable outer-space adventure, is boldly going where it’s been before, but hasn’t been seen in ...

October 30, 2015, 10:34 am, 1567001

China’s Communist Party led government announced yesterday that it was ending the “One Child” policy that had defined the nation for the better part of two generations, and which has been the source of ...