Navigate: Home Archive by category 'Economy'

MIT Symposium Highlights Macroeconomic Muddle

Feb 2, 2011, 12:55 AM 1

MIT had a celebration of their 150th birthday, a Symposia on Economics and Finance: From Theory to Practice to Policy. Here’s Bob Hall’s solution to... Read »

Pimco’s El-Erian on Egypt’s Outlook

Feb 1, 2011, 2:42 PM

Bloomberg Television’s Tom Keene spoke to Mohamed El-Erian, chief executive officer of PIMCO this morning, on Bloomberg Radio’s “Surveillance.”... Read »

Is Something Heating Up Under the Blanket of Snow?

Feb 1, 2011, 1:51 PM

As you may know, both real and nominal GDP growth were a bit disappointing in the fourth quarter, especially nominal growth.  On the other hand real final sales... Read »

ISM Manufacturing Report: A+

Feb 1, 2011, 11:15 AM 1

The Institute for Supply Management’s (ISM) manufacturing index surged to 60.8 in January from 58.5 in December. This was also a positive surprise as the consensus... Read »

ISM Manufacturing Breaks Over reading of 60

Feb 1, 2011, 10:54 AM

A very bullish report on the ISM Manufacturing front as a reading of 60.8 was hit.  While manufacturing is only 11% of the economy, and 9% of employment (and ... Read »

The Market, not the Central Bankers, Should Decide Interest Rates

Jan 31, 2011, 3:53 PM

Like Paul Krugman, I have little or no pity for the Banksters who are demanding that the rest of us stop saying nasty (and true) things about them. Unlike Paul... Read »

Powerful Evidence that the Big Problem is Demand, Not Structural

Jan 31, 2011, 12:57 PM

It’s easy to find a correlation between two macro variables, as the same sort of factors (inflation, output growth, interest rates) tend to affect all sorts ... Read »

Income, Spending Rise; Savings Fall

Jan 31, 2011, 12:36 PM

In December, Personal Income rose 0.4%, matching the 0.4% rise in November, and just below the 0.5% increase in October. However, both November and October were... Read »

Pent-up Labor Demand Continues to Build

Jan 31, 2011, 11:40 AM

The latest release of The Conference Board Help-Wanted Online data shows a big jump in online want ads in January. This gap between want-ads and hiring is evidence... Read »

Consumer Spending and Income Rise in December

Jan 31, 2011, 10:51 AM

Disposable personal income (DPI) and personal consumption expenditures (PCE) increased in December, the Bureau of Economic Analysis reports. The update marks the... Read »

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