Linda Found a New Book!
L: Here is the hazard of living with an economist. I actually bought a book for myself called Doughnut Economics: 7 Ways to Think Like...
The US Economy is Huge: Here Are Some Cool Facts
L: Jim ran across this article from the American Enterprise Institute and wanted to share it. It basically compares the GDPs of US...
GDP Growth a Bit of a Surprise
L: For reasons unknown, GDP numbers in the first quarter of each of the last eight years have been pitifully low in comparison to the...
US Economy Is Gaining Momentum
J: In an amazing and surprising development for most economic forecasters (but not me), the US economy has picked up speed in nearly all...
GDP Pace Surprises Everyone
L: Jim wrote this a few days ago, but then our trip to Arkansas intervened (all our trips are business+pleasure) so I'm posting it late....
ISM Indices Suggest US Economic Growth Is Accelerating
J: The Institute for Supply Management (ISM) in Tempe, AZ gave us two phenomenally strong pieces of good news this week. On Monday,...
Whoo-eeee!! Real GDP Hits 3!
J: On August 30 the BEA surprised all economic forecaster with their "Second Estimate" for real GDP growth in the second quarter of 2017....
Same Old, Same Old - Part 2
J: The second bit of good news in the latest BEA release is that real GDP picked up significantly in the second quarter of 2017 to 2.6...
Same Old, Same Old: The Weak Expansion Continues
J: Three years ago, at the Q&A session after a presentation at the NABE policy conference*, former Federal Reserve Board Chairman Alan...
And It Came to Pass: An Accurate GDP Forecast
J: We warned you that a lousy GDP report was coming, and sure enough, the BEA gave it to us on April 28. They reported that real GDP in...