United States Wealth
The 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. […]
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The 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 […]
Read morePaul Krugman really doesn’t like the possibility that there is a structural shift in employment, because it weakens the argument for the massive Keynesian spending spree he’d like to see the government initiate. To that […]
Read moreThe Bureau of Labor Statistics released their Employment Situation report for January today. The household survey data indicate a fall in the unemployment rate, however, this appears to be as much due to updated population […]
Read moreThe recent GDP release for 2010 quarter 4 got me to thinking about consumption and investment. Consumption growth was very strong, especially considering the still high level of mortgage and revolving credit debt in the […]
Read moreMary Hanley and Dan Hamilton The January 25, 2011 DataQuick press release shows that both foreclosures and notices of defaults have fallen almost everywhere in California. Statewide foreclosures have fallen 21.9% from last quarter and […]
Read moreThe BEA released their first estimate of United States 2010 quarter 4 GDP this morning. The economy grew at 3.2 percent in the fourth quarter which is an acceleration from the previous quarter’s 2.6 percent. […]
Read moreI heard John Taylor, a respected Macroeconomist with an extensive academic research record and lots of actual public policy experience, speak on Friday. The full text of Professor Taylor’s speech is here. Flanked by a […]
Read moreWritten January 6, 2011 The Allied Social Science Associations meetings are currently being held in Denver. These meetings are the largest set of Economics meetings on the planet. At 2:30pm today, I had 65 different […]
Read moreRecent Retail Sales data, October and November, have been relatively strong for an economy that is barely recovering from the Great Recession. Recent personal consumption expenditures, the national account data that is much broader than […]
Read moreA lot of state governments are in trouble, afflicted as they are with high expenses and weak revenues. They need to be thinking clearly if they are to have any hope of solving their problems. […]
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