Saturday, May 27, 2017

Weekly Indicators for May 22 - 26 at XE.com

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 - by New Deal democrat My Weekly Indicators post is  up at XE.com . The easiest, quick and dirty way to gauge the near term outlook f...
Thursday, May 25, 2017

ZOMG! Housing plunges in April !!!

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- by New Deal democrat If you were distracted by the clickbait Doomer headlines, you missed the important story. This post is up...
Wednesday, May 24, 2017

John Hinderaker -- Still Economically Dumber Than a Post

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Hinderaker hasn't written much about economics lately.  This is fortunate, considering he and his Powerline cohorts spent the better par...
Tuesday, May 23, 2017

Marginalized populations and employment during expansions

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  - by New Deal democrat Dean Baker ran a graph over the weekend showing an apparent conundrum: namely, that in the last several years...
Monday, May 22, 2017

Real aggregate wage growth finally overtakes Reagan expansion

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 - by New Deal democrat In my opinion the best measure of how average Americans' situations have improved during an economic expansi...
Sunday, May 21, 2017

A thought for Sunday: the Left is winning the battle of ideas. The right's own man says so

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 - by New Deal democrat Prof. Arnold Kling, a conservative neoclassical economist who has taught at George Mason University and been affi...
Saturday, May 20, 2017

Weekly Indicators for May 15 - 19 at XE.com

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 - by New Deal democrat My Weekly Indicator post is  up at XE.com . The one noteworthy change was in the yield curve.
Friday, May 19, 2017

On the economy, breathe easy: it's still on autopilot

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 - by New Deal democrat While there has been some nearly nuclear powered political drama in the last two weeks (and I supported Ber...
Thursday, May 18, 2017

Worth repeating: real median lifetime income has barely budged since 1958

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 - by New Deal democrat The  Brookings Institution  studied total real earnings over workers' prime employment ages from 25 to 55. ma...
Wednesday, May 17, 2017

Housing permits and starts: hint of an autumn chill in the air?

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 - by New Deal democrat Yesterday morning's report on April housing permits and starts disappointed.  Does the report have wider sign...
Tuesday, May 16, 2017

Is the "rental affordability crisis" abating?

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 -  by New Deal democrat Three years ago HUD warned of  "the worst rental affordability crisis ever,"  citing statistics that ...
Saturday, May 13, 2017

Weekly Indicators for May 8 - 12 at XE.com

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 - by New Deal democrat My Weekly Indicators column is  up at XE.com .  This week is "steady as she goes."
Friday, May 12, 2017

This week's jobs and real wage reports continue to show late cycle improvement

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  - by New Deal democrat Let's catch up on some of the jobs information we got this week. I seem to be nearly alone in my analysis...
Thursday, May 11, 2017

Real wage growth looks set to resume

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 - by New Deal democrat Since nominal nonsupervisory wages have been growing at a rate of between 2.2%-2.6% for the last 18 months,...
Tuesday, May 9, 2017

Credit conditons eased up slightly in Q1

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  - by New Deal democrat Yesterday the Senior Loan Officer Survey results for Q1 were reported, validating the much more timely weekly fo...
Monday, May 8, 2017

Strong growth in labor force participation is correlated with weak realwage growth

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  - by New Deal democrat Prof. Jared Bernstein has a piece in the Washington Post today (and at his blog ) noting that, even with much ...
Saturday, May 6, 2017

Weekly Indicators for May 1 - 5 at XE.com

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 - by New Deal democrat My Weekly Indicators post is  up at XE.com . Despite some flat or faltering monthly data, we are down to only 3...
Friday, May 5, 2017

Just How Economically Clueless is Ed Morrissey? Pretty Darn Clueless

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     Once again, ol' Ed has written about the jobs report.  And, as usual, he complains about the "status quo" job growth that...

Scenes from the employment report

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 - by New Deal democrat As I described in my detailed post on the April jobs report, below, almost everything moved in the right directi...

April jobs report: a blowout -- except (sigh) for wages

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- by New Deal democrat HEADLINES : +211,000 jobs added U3 unemployment rate down -0.1% from 4.5% to 4.4% U6 underemployment rate dow...