Relevant and even prescient commentary on news, politics and the economy.

Regional Fed manufacturing indexes suggest 2025 trends are slowly abating

 – by New Deal democrat Although the federal government shutdown has been over for a month and a half, most of the data that has been released has lagged badly, especially including data on sales, spending, and business orders. That means that the most current measures of these are the ISM manufacturing and non-manufacturing reports, due […]

Worst Year Ever?

After all of the issues being caused by the Tru_p administration. Robert Reich asks readers on his site what year was the one was the worst. Robert’s terminology is more direct than mine. Pick one from the list and offer a reason why or add another year in comments. Office Hours: The Shittiest Year? – […]

Santa and Social Planning

Rebecca Wilder was a writer at Angry Bear and posted originally posted this at Economonitors. With Rebecca’s permission, Dan reposted this at Angry Bear in 2011. “Santa Claus as a Social Planner“ – by Rebecca Wilder Here’s a nice little model I discussed in 2007: The Economics of Christmas! Hope that you enjoy; I do. […]

Tariffs on Christmas Decorations Surpass $500 Million

Happy Holidays! In this final update for 2025, we’re going to take a look at how tariffs are burdening everything on and under your Christmas tree, comparing import data from the first nine months of 2024 and 2025.  The cost of decking the halls has gone up by hundreds of millions of dollars, as everything […]

Consumer inflation went to sleep in October-November, driven mainly by a steep deceleration in shelter price increases

 – by New Deal democrat A truncated version of the CPI was reported for November this morning. Since no data was collected for October, the monthly change in those values was not calculated, the Census Bureau apparently having elected not to publish with the cumulative two month changes since September. Nevertheless, the two month numbers are […]

Real retail sales contract; depending on inflation report may signal further job losses

– by New Deal democrat [Note: An update to my OS the other day has nuked my ability to post graphs. For now, I will post links to FRED graphs that you can access. If I am unable to resolve the problem, drastic action may be required.] Angry Bear can post the images while NDd […]

Combined October and November jobs report: a hairs-breadth from recessionary, at best

 – by New Deal democrat At Last this morning we got some up to date labor data from the federal government, but only partially. The Establishment Survey was updated for both October and November, while the Household Survey was not conducted at all for October, and so jumps from September to November. In November virtually all […]

Presidential Enrichment

Two other presidents have involved themselves in outside interests and or enriching themselves. I thought there would be more. Neither appear to be so serious today as to what they may been thought during either Johnson’s presidency. Citizens for Responsibility and Ethics in Washington writes “The intensifying threat of Donald Trump’s emoluments.” Tru_p pretty much […]

Nine or Ten shot at Brown University

How the world looks at what happens in the United States. Fast reporting on US events and tragedies. We are faced with a tragedy at a university, Mass shooting happens so many times that even foreign news picks it up quickly. “Gunman kills two, wounds nine at US university,” Bangkok Post, 11:45 PM AZ time […]