Previously published in the California Economic Forecast, March 24, 2011 If you are looking for a summary statistic on the United States economy, I recommend you consider bank charge-offs. These are the loans that banks […]
Read moreLast year about this time there was all sorts of talk about green shoots and economic recovery. We were vocal in cautioning that the shoots were ephemeral and would evaporate with the end of incentive […]
Read moreThe Federal Reserve released its 2010 quarter 4 Flow of Funds Accounts today. The 125-page press release and the related database includes a huge volume of data on all things financial for the United States. […]
Read moreThe February United States jobs report came out this morning, and it is contains a glimmer of hope. This does not mean the recovery is strong yet. One month’s worth of data is nothing to […]
Read moreAt CNN’s request, California Lutheran University released its February jobs forecast today. The actual data will come out Friday. The weakness in jobs persists: the federal government’s net hiring is expected to be close to […]
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