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Weekly Indicators for October 3 – 7 at Seeking Alpha

Dan Crawford | October 11, 2021 8:56 am

US Economics

by New Deal democrat

Weekly Indicators for October 3 – 7 at Seeking Alpha

My Weekly Indicators post is up at Seeking Alpha.

Although I have read a few pieces this past week about deep downgrades to Q3 GDP estimates, and other problems with sales, the fact remains that the high-frequency indicators are almost all positive, across all timeframes.

As usual, clicking over and reading will bring you fully up to date on the economic trends, and bring me a little pocket change as well.

1 Comment

Fred C. Dobbs says:

October 11, 2021 at 1:56 pm

(Seeing as this is an economics blog, it should be noted that the Nobel Prize for Econ was awarded today, for work determining that rising wages lift all incomes.)

David Card has made a career of studying unintended experiments to examine economic questions — like whether raising the minimum wage causes people to lose jobs.

Joshua D. Angrist and Guido W. Imbens have developed research tools that help economists to use real-life situations to test big theories, like how additional education affects earnings.

On Monday, their work earned them the 2021 Nobel Memorial Prize in Economic Sciences. …

“Sometimes, nature, or policy changes, provide situations that resemble randomized experiments,” said Peter Fredriksson, chairman of the prize committee. “This year’s laureates have shown that such natural experiments help answer important questions for society.” …

The Nobel in economics goes to three who find experiments in real life