…A sharp drop in government spending, heavily concentrated in defense, coupled with a decline in inventories caused GDP to shrink at a 0.1 percent rate in the 4th quarter. Government…

…HSBC. Deal book reports two recent examples of trend: GOLDMAN PROFIT ROSE TO $2.89 BILLION IN 4TH QUARTER Goldman Sachs on Wednesday reported a fourth-quarter profit of $2.89 billion, or…

…higher in the 4th quarter as individuals shift income from 2013 back to 2012 to avoid or minimize the expected tax rate increase in 2013.But the hourly wage employees in…

…In 1967, the top limit for the middle (and threshold to the 4th) quintile was $46, 621.  By 2009, it had increased by 33% to $61,801. This is a compounded…

…that he predicted his death to the gathered crowd . . . “I may not get there with you.” At 6:00PM on April 4th, Martin Luther King was shot to…

…falling precipitously in the 3rd and 4th largest EA countries, Italy and Spain. All else equal, core retail sales are likely to slip in 2012. In both charts, I added…

[updates and edits, especially in the 4th-6th grafs] “The winner” in Haitian development created 12,000 jobs in the garment industry in the past eight years in Haiti. Seems as if…

…to its 7% long run trend and the consensus bottom-up earnings forecast has it surpassing the long run trend in either the 4th quarter or the 1st quarter. By way…

…pointed out something that was not in the other reports I’d read about [last month’s oral arguments in the 4th Circuit Court of Appeals]: that in a lengthy exchange with…

…Phillips et al didn’t report a forecast for the 4th quarter). But 0.3% is 0.3%. I describe Phillips et al’s estimate as implying the loss of 500,000 job-quarters in the…