February jobs report: the first sign of the economic slowdown spreading to jobs? HEADLINES: +20,000 jobs added U3 unemployment rate -0.2% from 4.0% to 3.8% U6 underemployment rate -0.8% from…
A Very Erroneous Chart in the Economic Report of the President Menzie Chinn has been reading the latest Economic Report of the President and finds a very erroneous and misleading…
In which I nitpick Prof. Jared Bernstein about a consumer “economic tailwind Last Friday, following the release of May’s personal income and spending report, Prof. Jared Bernstein, whom I follow…
Quick hits on a major Thursday economic news blitz There has been a ton of significant economic news this morning. I’m not going to be able to get to all…
Bloomberg’s Plan for Addressing Economic Inequality: not a wealth tax A bit ago (Jan 8, 2020), the New York Times described Michael Bloomberg’s plan1 for addressing the income and wealth…
More Likely Bad Economic Forecasting: This Time From OECD And CBO That would be the quintessential establishment and boringly conventional Organization of Economic Cooperation and Development, the Paris-based “rich nations’”…
Happy Every Economic Statistic in the World Day! 3. Private residential construction spending improves smartly This morning’s third economic release is August construction spending. I track this because it…
Wealth distribution in the US continues to be a first order economic issue Tomorrow (Thursday) is one of those days when just about Every Economic Statistic in the World will…
…deal, helping families save money every month. The good news is: We’ve done it before.” Biden reached into our history to reclaim our long tradition of opposing economic consolidation. Calling…
RJS, MarketWatch 666, October’s Case–Shiller HPI; Advance Economic Indicators for November With the major month end reports already released last week, the only widely watched report released this week was…