Private Sector Jobs Rise by 230k In March
In line with expectations, private-industry nonfarm payrolls rose 230,000 in March, down slightly from the 240,000 net gain posted in February, the Labor Department... Read »
Detroit Imploads
One of the more striking findings in William Easterly’s writings about Third World Aid is that regardless of how little is learned, just the continual call... Read »
Pimco’s Mohamed El-Erian Wants to Be Taxed More
Mohamed El-Erian guest hosted “Surveillance Midday” with Tom Keene on Bloomberg Television this afternoon where he spoke about crises in Ireland, Japan... Read »
Jobless Claims Both Up and Down
Were Initial Claims for Unemployment Insurance up or down? Well how about both? They fell by 6,000 last week to 388,000, but last week were revised up by 12,000,... Read »
Jobless Claims Fall By 6k
The improving prospects of the U.S. economic recovery, particularly the labor market, have pushed stocks closer to their February highs in the last few days. Today’s... Read »
We Should Have Left Bad Enough Alone
Except for housing, much of the American economy is slowly but steadily recovering from the recession that began more than three years ago. The housing sector... Read »
There’s Always A New Recession Lurking
Former Minnesota Gov. Tim Pawlenty and newly minted Presidential candidate thinks that a new recession is coming. He’s right, of course. There’s always... Read »
The Coming Mini-Boom in Commercial Real Estate
We are currently under-building commercial real estate, which will lead to a mini-boom. The pipeline of new buildings is thin, so as the economy improves, there... Read »
The Truth About the Economy that Nobody In Washington Or On Wall Street Will Admit: We’re Heading Back Toward a Double Dip
Why aren’t Americans being told the truth about the economy? We’re heading in the direction of a double dip – but you’d never know it if you listened to... Read »
A Disturbing Trend: No Growth in Total Business Establishments in U.S.
The last Atlanta Fed poll of small businesses in the Southeast suggested an uptick in confidence late last year. A similar upturn has been noted in the National... Read »






