…the overproduction of homes, vehicles and durable goods, not to mention excessive demand for raw materials. The structure of the economy needs changing, and the change is going to be…

…more durable. A quarter century ago about the only car on the market that was still in very good shape after 100,000 miles was a Volvo. But it was an…

…money today on consumption. That money could have been spent on a durable bridge, but it wasn’t. Some current people benefit from the consumption and future generations get nothing. Michael…

…new jobs with similar pay. This analysis doesn’t include suppliers for the housing industry, like lumber, household durable goods and other related industries. Obviously a loss of high paid housing…

…for this survey. Rather, it is fully consistent with an improving and relatively strong labor situation, continued rapid economic growth, and a durable, multi-year expansion. The establishment survey shows a…

…bit of economic data (e.g. this week’s sharp falls in new home sales and durable orders), I think it’s too early to say that we have widespread evidence of a…

…brought deep dishonor to our country and built a durable reputation as the most dishonest President since Richard Nixon. [snip] …There was then, there is now and there would have…

…The strongest gains in productivity were in the durable goods manufacturing sector – i.e. producers of cars, washing machines, furniture, and capital equipment. That remarkable productivity growth came from two…

…current levels, continuing to prop up consumer durable goods and housing expenditures. Some of the effects will be attenuated by the fact that so many people expected a 1/2 point…

…is part of why the misconceptions are so durable. • When the Fed issues reserves and retires bonds, it’s 1. reducing the net flow of newly-issued (treasury and GSE-mortgage) bonds…