The Seasonal Factor & January’s Encouraging Employment Report
January’s payrolls report looks convincingly strong to many economists, but some skeptics warn that the seasonal adjustment in first month of the year is usually... Read »
Private Payrolls Post A Surprisingly Strong Gain In January
Today’s employment report from the U.S. Labor Department delivered a hefty blow against the idea that recession risk is high for the immediate future. Private... Read »
Gain in Tech Help-Wanted Ads: Good News for Labor Market
After months of stagnation, labor demand appears to be perking up again, according to the latest data from The Conference Board Help Wanted Online report. Led by... Read »
More Housing Bailouts
If you have a mortgage for more than the value of your home, then you cannot refinance the whole amount with a new lender, because (nowadays, anyway) lenders are... Read »
Fed Transparency
A lot has already been written on the FOMC’s latest efforts to increase the transparency of its conduct of monetary policy. It has been a long, drawn-out, deliberate... Read »
Continued Improvement for Manufacturing Activity in January
January looked a bit better through the prism of the ISM manufacturing index, which rose again last month to 54.1 from December’s 53.1. That’s the third... Read »
ADP: Job Growth Slows In January
Job growth slowed in January, according to ADP. It wasn’t a cataclysmic slowdown, but it’s enough to keep the debate about recession risk bubbling. U.S.... Read »
Europe Needs a Real Fiscal Union
The rhetoric is heating up as we head into Monday’s European Union’s summit. On one hand, we see rumors circulating that a deal in the Greek debt talks... Read »
I Don’t See How This Can Continue
The European unemployment numbers are out. The story from the Financial Times: Unemployment in the 17 euro countries climbed to 10.4 per cent in December, with... Read »
The Biggest Risk to the Economy in 2012
Treasury Secretary Tim Geithner, speaking at the World Economic Forum in Davos a few days ago, said the “critical risks” facing the American economy this year... Read »






