Economy
-
“America in Recession since 2022? A Critique of Antoni-St. Onge”
A paper (Nov. 2024) (first version Oct. 2024): Downloadable data used in the paper here [xlsx]. This…
Read More » -
“Trump’s pick for BLS commissioner suggests suspending the monthly jobs report”
From CNN today: “Until it is corrected, the BLS should suspend issuing the monthly job reports but keep publishing the…
Read More » -
Import Sensitive CPI Components, Core PCE Nowcast Rise
From the CPI release today: Figure 1: CPI all urban (bold blue), CPI – household furnishings and…
Read More » -
CPI Print Tomorrow | Econbrowser
Bloomberg, Truflation at 2.8% y/y; Cleveland Fed at 2.72%. Figure 1: CPI-all (bold black), Cleveland Fed nowcast…
Read More » -
Trump Nominates EJ Antoni to BLS Commissioner
From CNBC: “I am pleased to announce that I am nominating Highly Respected Economist, Dr. E.J. Antoni, as the next…
Read More » -
Banking on Data Center Investment
Let’s hope capex investment in data centers is sustained. Figure 1: Nonresidential fixed investment (blue) GDPNow of…
Read More » -
Guest Contribution: “Cryptocurrencies and the political economy of money”
Today we are pleased to present a guest contribution by Mark Copelovitch (University of Wisconsin – Madison) and Thomas Pepinsky (Cornell University).…
Read More » -
Stock Market Capitalization ex-Magnificent 7
Courtesy of Ed Yardeni: Source: Yardeni as edited by Chinn. In terms of assessing how the general…
Read More » -
Equipment and Structures Investment | Econbrowser
We’re about halfway into Q3. Nowcasts put equipment and structures investment — particularly forward looking investment —…
Read More » -
If You Believe the CPS Employment Series Turns Down before the CES, Be Afraid
Personally, I’m not convinced, but if you are, then consider this graph: Figure 1: Nonfarm payroll employment…
Read More »