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rjs commented on the diary post CBO budget forecast, April’s retail sales, CPI, PPI, and industrial production, Q1 household debt & credit by rjs.
the blocked graphs can be viewed full sized by clicking the text referencing them, or by clicking on the red block where they’d otherwise appear..
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rjs wrote a new diary post: CBO budget forecast, April’s retail sales, CPI, PPI, and industrial production, Q1 household debt & credit
on Tuesday, the Congressional Budget Office (CBO) released their Updated Budget Projections for Fiscal Years 2013 to 2023 (pdf; summary here ); which, in creating their ten year forecast, assumes that current laws on taxes & spending do not change and no surprises intervene over the duration, chances of which happening are between slim and none; at any rate, [...] -
rjs commented on the diary post the MBA & LPS on mortgage delinquencies & foreclosures, March consumer credit, & a new CO2 record.. by rjs.
the blocked graphs can be viewed full sized buy clicking on the text link referencing them, or as originally posted here…
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rjs wrote a new diary post: the MBA & LPS on mortgage delinquencies & foreclosures, March consumer credit, & a new CO2 record..
it’s been a pretty slow week, with neither major monthly economic reports nor widespread kerfuffles in the blogosphere…as we figured, all the budget proposals floated earlier this year have gone nowhere , and i t now appears that the republicans wont negotiate on any compromise until they have the democrats and the president and backed up against the debt [...] -
rjs commented on the diary post April’s jobs report, March’s income & outlays and trade deficit, February’s Case-Shiller by rjs.
blocked graphs can be viewed by clicking the text referencing them..
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rjs wrote a new diary post: April’s jobs report, March’s income & outlays and trade deficit, February’s Case-Shiller
the April unemployment report was better than expected , and positive revisions of nonfarm payrolls over the past two months took some of the sting out of the lousy jobs report in March … the Bureau of Labor Statistics reported that seasonally adjusted payroll jobs rose 165,000 and the unemployment rate ticked down to 7.5% in Apri l; in addition, the establishment survey [...] -
rjs commented on the diary post 1st quarter GDP; March durable goods, existing & new home sales… by rjs.
blocked graphs can be viewed full size by clicking on the red rectangles, the text links, or at the original blog post…
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rjs wrote a new diary post: 1st quarter GDP; March durable goods, existing & new home sales…
on Friday, the Bureau of Economic Analysis released the first estimate of Gross Domestic Product for the 1st Quarter of this year; against expectations of an annual growth rate of 3.0% or more , the reported growth rate of 2.5% over the first three months of this year was a disappointment , but nonetheless it was still better than the anemic [...] -
rjs commented on the diary post the Reinhart / Rogoff kerfuffle, March industrial production, consumer prices, and state unemployment by rjs.
the blocked graph can be viewed by clicking on the text referencing it or on the space where it should be..
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rjs wrote a new diary post: the Reinhart / Rogoff kerfuffle, March industrial production, consumer prices, and state unemployment
the focus of almost the entire economics blogosphere this past week was on an Excel coding error in an influential 2010 economics paper by Carmen Reinhart & Kenneth Rogoff ; the paper alleged that once the ratio of debt to GDP for a country reaches 90%, economic growth for said country slows considerably; these findings, now shown to [...] -
rjs commented on the diary post Chained CPI Helps Fund Corporate Tax Breaks and Trickle Down by masaccio.
the CPI recreation price index has increased 13.1% over twelve years, but it only increases 3.3% under chained CPI…apparently the old folks are expected to just play checkers if the cost of going to the movies goes up…
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rjs commented on the diary post chained CPI, March retail sales, February’s job openings and LPS Mortgage Monitor by rjs.
the blocked graphs can be viewed by clicking on the text referring to them, or at the original blog post here…the 1st one is an important visual in understanding chained CPI…
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rjs wrote a new diary post: chained CPI, March retail sales, February’s job openings and LPS Mortgage Monitor
although many of the details of Obama’s Budget for Fiscal Year 2014 were telegraphed well in advance , it nonetheless became the fiscal policy topic du jour when it was released Wednesday, and although chained CPI was only mentioned eleven times in the 244 page budget document , Obama’s plan to use that method of calculating cost of living increases for [...] -
rjs commented on the blog post Obama’s Plan to Shield Groups From Chained-CPI Proves It Is a Con
doug short has Chained CPI Versus the Standard CPI: Breaking Down the Numbers from 2000 to the present; his chart compares the change in inflation for CPI, Core CPI, and the eight top-level components of CPI for both CPI-U and chained CPI…
you will find it interesting..
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rjs commented on the diary post March unemployment, February’s trade, factory orders and consumer credit, US & eurozone March PMIs by rjs.
the blocked graphs can be viewed by clicking the text links referring to them
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rjs wrote a new diary post: March unemployment, February’s trade, factory orders and consumer credit, US & eurozone March PMIs
the March report on employment from the BLS was one of the weakest we’ve seen in a long time… according to the seasonally adjusted establishment survey , just 88,000 payroll jobs were added during March, the slowest job growth since last June , and the second lowest number of jobs created in any month since January 2011 …even worse, the government job [...] -
rjs commented on the diary post February’s personal income and expenditures, January’s home prices, & another 4th quarter GDP revision.. by rjs.
the blocked charts are linked, both in the blocked image & in the text, and can be viewed full sized by clicking either…original blogpost here..
beats the shit outta me why one Fed chart was allowed and others werent… -
rjs wrote a new diary post: February’s personal income and expenditures, January’s home prices, & another 4th quarter GDP revision..
the internet has been slow this week; most of us who live out here have noticed slower loading pages, especially for email and those pages with pictures; personally, videos have been practically impossible, with viewing interrupted by long pauses, and even simple .jpg charts pasted into an email draft often take a few seconds to appear, [...] -
rjs commented on the diary post Cyprus crisis notes, January’s state and regional employment, February’s home construction & sales, education cuts & tuition increases, et al by rjs.
blocked graphs can be viewed by clicking on the text link referring to them or at the original blog post here…
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rjs wrote a new diary post: Cyprus crisis notes, January’s state and regional employment, February’s home construction & sales, education cuts & tuition increases, et al
the story of the botched bailout of banks and their bondholders on the eastern Mediterranean island of Cyprus completely dominated the economic news and opinion blogs this past week; even some who’s forte is domestic policy weighed in …and it’s taken so many twists and turns during the week that the best way to get the whole play by [...] - Load More
