economic statistics

See the true trend of the US economy, hidden in the daily news

Summary: today’s post is another helping you more clearly see the present. We look at the condition of the US economy in pictures, cutting through the statistical noise and economists’ hopes that fog our vision. It’s easy to see, if we try.  When we decide to try, America will become a different (and better) nation. …

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A guide to the weird numbers that run our world, describing financial bubbles & climate change.

Summary: Two of our greatest challenges in the 21st century are climate change and management of economic crises. They’re similar in that their mathematics are unlike that of the normal life — the routine world of averages, variances, and bell-curve distributions. These phenomena take us deep into the mysteries of science. Before we can predict …

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Lessons from the failed forecasts of inflation since the crash

Summary: How we handle our fears shows much about ourselves, our ability to see and think. Such as fear of inflation, a major obsession of Right since the crash. Here we look at the warning, see what actually followed, and briefly review the basis of these fears. Contents The inflationistas’ story. What inflation? Warning: velocity. …

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Status report on the US economy: where we are, where we’re going

Summary: After a near-recessionary 4th quarter (and the start of the extraordinary QE3), the US economy slowly accelerated during the first two quarters of 2013. Much depends on that growth continuing. With monetary and fiscal policy already running at full throttle, another slump would force ugly choices. Today we survey the confident (but shrinking) forecasts …

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A status report on the US economy. What lies ahead for us?

Summary: Today we again look at the US economy. What’s happening? What does it tell us about the future? . Recent US economic data is confused far more than usual.  For several months we have seen contradictory economic statistics (more so than usual).  The economic signals different drastically in magnitude, and often directionally as well. …

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