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Disappointing Job Growth, Again

…couldn’t help but notice that the US economy continues to disappoint when it comes to the creation of new private-sector jobs. From this morning’s BLS news release: Total nonfarm payroll…

The US Trade Deficit

The US trade deficit continues to grow. From this morning’s BEA news release: The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced…

More on the State of the Economy

…worse than previous economic expansions. Well, at least income has been growing, right? After all, the White House’s own press release about the fantastic economy brags that “real disposable income…

House Prices

The quarterly estimate of housing prices around the country was released this morning by OFHEO. From their press release: WASHINGTON, D.C. – Average U.S. home prices increased 12.02 percent year…

Slowing Growth?

The latest data regarding the personal income received by Americans has me slightly worried. The headlines of stories about today’s BEA news release have been along the lines of “Real…

New GDP Figures

This morning the BEA released its very first stab at estimating economic growth during the summer of 2005 (July, August, and September). From the news release: Real gross domestic product…