by New Deal democrat The impact of coronavirus on my slowdown vs. recession forecast For roughly the last half year, my forecast has been that a slowdown without a recession…

Seconding Paul Krugman: inflationary pressures will be a transient phenomenon in 2021 (but will they cause a recession in 2022?)  – by New Deal democrat Paul Krugman argues once’s again this…

…decades. The median asking rent in the United States rose above $2,000 for the first time in June 2022.” “Paul Krugman Claims U.S. Not in a Recession: ‘What Does It Matter?’” (yahoo.com),…

August industrial production declines; overall decelerating trend consistent with recession in 2023  – by New Deal democrat Finishing today’s data dump, industrial production, the King of Coincident Indicators, declined -0.2% in…

…than the 2008 collapse of Wall Street and the resulting recession. This article is from Politico; “White House projects record drop in budget deficit.” The Biden administration was projecting a…

…ranges of declines that have previously been consistent with recessions, with the exception of 1966, although frequently (not shown) the actual recession hasn’t started until there has been a -40%…

Initial jobless claims get closer to signaling recession  – by New Deal democrat Today is one of those data-palooza days, so I’ll put up separate posts on personal income and…

…associated with a recession (the 2020 recession being caused by the pandemic). Two other times involved rate hikes 2% to 3% or less that were associated with slowdowns but no…

Durable goods orders: more deceleration, still no recession  – by New Deal democrat I normally don’t pay too much attention to durable goods orders. That’s because they are very noisy….

…Great Recession than it has been so far in the recovery from the COVID-19 recession. In the Great Recession recovery, increased corporate power did not manifest in faster price growth…