Love of the Land and Community Inspired the Montana Youths Whose Climate Lawsuit Against the State Goes to Court This Week, Inside Climate News, Richard Forbes. For the plaintiffs in the first youth climate lawsuit to go to trial, finding their voice and inspiring others has been as much a salve for their climate grief […]
Initial and continuing claims edge closer to signaling recession – by New Deal democrat There’s a blizzard of data this morning. I’ll report on retail sales and Industrial production later. But let’s start with initial jobless claims, which were unchanged this week at 262,000, the highest level in over 18 months. The 4 week average increased […]
What is exciting about this op-ed is not just the topic but the writer Lisa Ansell. Ms. Ansell is the Associate Director at the Casden Institute for the Study of the Jewish Role in American Life. She definitely has the band width in adding to the fight for student loan relief for the 46 million […]
Producer prices continue sharp deceleration; real average and aggregate nonsupervisory pay continues to increase – by New Deal democrat Historically producer prices were more upstream of consumer prices, but since the 1990s and the employment of “just-in-time” inventories, that has been less the case. So I normally don’t pay too much attention to the monthly […]
This commentary came by way of ltr a reader at Angry Bear. A pretty solid review of how drug prices and the resulting costs after insurance are still impossible to pay. That is, if the insurance, Medicare, Medicaid even pay for them in entirety or a portion. If the former is not the case, a […]
CPI less shelter up only 0.7% in last 11 months (0.8% annualized rate) – by New Deal democrat Let me cut to the chase right from the outset: except for the very lagging measures of shelter; motor vehicle parts, repairs and insurance; and to a lesser and waning extent, food; consumer inflation is now well-contained […]
Having purchased healthcare, automotive, etc. components from various molding manufacturers, I can definitely testify to the amount of scrap created from each part. There is no way of avoiding the scrap left from a molded component. Much of this ends up in regrind and what ever is sorted may go into other uses. The story […]
Not so long ago, I was working in Riethem-Weilhem Germany for the Germans, of course. A smaller ($1 billion) automotive company. My US position was in Cazenovia, NY where the Rockefellers used to hang out in their mansion on the south end of Lake Cazenovia. It is now called the Brewster Inn. While in Germany, […]
Are personal consumption expenditures a helpful forecasting (or even nowcasting) metric? An overview – by New Deal democrat As I’ve noted a number of times recently, in addition to payrolls the other positive datapoint keeping the economy growing is real personal spending. Here is what it looks like in total, plus broken down by goods […]
I can not tell you I worked remotely. It was always required I be in the building governing the operations of the facility. One of those 7AM to 7PM positions which also entailed calls from the other side of the globe at night. And then a trip back to the facility. The fun part were […]