Summary: The news media focuses on the month-to-month changes in the jobs report, which consist mostly of noise. Strong months confirm the optimists; weak months confirm the pessimists. In fact the trend of growth remains the real story, with the US economy near stall speed — supported only (like the other developed nations) by massive …
About today’s jobs report: mixed news. No prize in this box. Read More »
Summary: The news media focuses on the month-to-month changes in the jobs report, which consist mostly of noise. Strong months confirm the optimists; weak months confirm the pessimists. In fact the trend of growth remains the real story, with the US economy near stall speed — supported only (like the other developed nations) by massive …
The June jobs report: continued slow growth, bought at a high cost Read More »
Summary: Last week we gave a high-level look at the US economy. Here is the fourth in a series in which we drill down to see the trends playing out today, attempting to foresee what lies ahead. We see big hopes, as yet unfulfilled. The next post examines the strong aspects of the US economy. …
Look at the US economy. Do you see the coming boom? Read More »
Summary: Today we have a brief status report on the US economy, touching on some items of concern. The big question: after four years of slow growth, has the air leaked out of our party balloon? Contents Status report about the US A quick look at the world Recession watch What about another bust like …
Status report on the US economy. Recession? Collapse? Read More »
Summary: The news media provide a fire hose-like stream of information and analysis about the US economy. Most of it consists of the consensus viewpoint repeated endlessly. A consensus opinion suitably optimistic for politicians in Washington and bankers in New York. Here we look behind the veil. Contents Looking at winners and losers Another perspective: …
About America’s economic recovery: the good news and the bad Read More »
