by Kenneth Thomas Discussing Tax Increment Financing on TV I recently appeared on a local public access TV show, Conversation with Lee Presser, discussing tax increment financing and European Union…

by Rebecca Wilder Is Ireland the Poster Child of Growth? I wanted to familiarize myself with the economic statistics in Ireland, so I thought that I’d share my findings with…

by Rebecca Wilder Confidence Indicators Deteriorated Significantly This Week This week national confidence surveys rolled in with just one story: the economic infection in Europe is spreading. Business confidence indicators…

by Rebecca Wilder Euro Area Inflation: A Very Slow Burn Euro area consumer prices increased at a 2.4% annual pace in May, down 0.2 ppt from the 2.6% pace in…

by Rebecca Wilder Euro Area ‘Hard Data’ Catching Up with the ‘Soft Data’ – Industrial Production Euro area industrial production (ex construction) declined 0.8% in the month of April. Across…

by Rebecca Wilder The Italian Economy Is Sliding Today I.Stat released the breakdown of Q1 2012 real GDP for the Italian economy. Weak external demand plus a precipitous drop in…

by Rebecca Wilder European Daily Catch: Unemployment and Retail Global labor reports prevailed today, but the US employment report took center stage. I’ll not comment on that report, so as…

…this ‘internal devaluation’ – shifting relative prices by reducing domestic demand in the debtor countries, thereby shifting the terms of trade. Marshall Auerback calls it ‘infernaldevaluation’. Marshall’s right. Today we…

…EA, country-level current accounts are well out of balance. This is the central theme associated with the EA sovereign debt crisis: debtor countries are reliant on foreign inflows of capital…

by Rebecca Wilder German industry is plugging away. Ending in August, the 3-month average of the seasonally- and calendar-day adjusted volume of industrial production (excluding construction) maintained a quick 8.3%…