– by New Deal democrat This is going to be a sparse week for data, with the exception of tomorrow’s long-delayed Q3 GDP report, and jobless claims on Wednesday. Sadly, so much of the data is still missing or stale that the best source for up-to-date information is in the regional Fed reports, most […]

Explaining the impact of International Trade. Does International Trade Hurt the United States? Econofact In my opinion, International Trade does not hurt the United States. It does expand our economic impact. As the article points out when U.S. exports to the rest of the world are declining, U.S. imports of foreign goods tend to decline […]

What Can Democrats Do Now? J.P. McJefferson Thoughts Democrats need to move on and move on fast. What really scares me is whether Democrats, Independents, and any others who care about democracy can, over the next couple of years, preserve the concept of “Free & Fair Elections,” and pack the 2026 campaigns with credible, charismatic […]

 – by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. Update: All of the trends that we have been seeing for the past several months appear to be becoming more entrenched. That includes the re-normalization of the yield curve on the positive side, and weak withholding tax payments and transportation metrics on […]

– by New Deal democrat The Quarterly Census of Employment and Wages (QCEW) is “the gold standard of US employment measures. It is an actual census of 95%+ of all employers, who must report new employees for purposes like unemployment and disability benefits. Because of this, it is used for the final revisions, a/k/a benchmarks, for monthly […]

 – 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 […]

Economist Paul Krugman has a new series at his site. I will post each at Angry Bear about two weeks after he posts. Hopefully, I do not want to interfere with the publicity he will generate with his posting. I think I can get away with that timing without causing issues. I subscribe to his […]

Review: Dry Sicily – The One-Handed Economist The PR people for this documentary asked me if I wanted to screen it, but they wanted to charge a fee (quite reasonable for any documentary, given non-trivial costs). When I said LUC had no funds, they came back with an “offer I couldn’t refuse”: Apparently your work […]

Every time Tesla stock declines, there’s another article saying the stock is collapsing. Like every stock, there are spikes in the long-term history, but if you plot a best-fit regression through Tesla stock prices since 2023, it’s been increasing. It is currently at an all-time high.* But some are questioning the relationship between current Tesla […]

Just pulling together a couple of different source reports which briefly and pretty much say similar. We are still not sure which way the economy is going. In reality, the outcome is more likely than not is in the hands of Trump and his knee-jerk reactions. We are at a pivotal point. Surveys of Consumers, […]