- November 26, 2024
QCEW Employment Change Y/Y to June 2024
The percentage change is less than that for the CES estimate. Does this mean there are a lot fewer people employed that indicated by the
When You Hear a Critique of Mainstream Economists (from Someone Who Doesn’t Know What “Mainstream” Economists Do), Run
“Trumpflation” Risks Likely Overstated by Lance Roberts via Zerohedge: The question is whether policies being considered by the next Presidential administration will lead to “Trumpflation” or not.
Guest Contribution: “How Institutions Interact with Exchange Rates After the 2024 US Presidential Election: New High-Frequency Evidence”
Today, we are pleased to present a guest contribution written by Joshua Aizenman (University of Southern California) and Jamel Saadaoui (Université Paris 8-Vincennes). This post is based
What Does the Term Spread Predict? IP, GDP, Coincident Index?
It’s commonplace to correlate term spreads with future economic activity measured one way or thSo, while other. Recessions in the US do seem to be
Instantaneous Core Inflation: Various Measures
Core up, but supercore down: Figure 1: Instantaneous inflation for core CPI (blue), chained core CPI (tan), supercore CPI (pink), services supercore (light green), PPI core
Analyses on the Impacts of Trump’s Proposed Ultimate Solution
Given the results of the election, and Mr. Trump’s statement that deportations will start immediately, there will be a need for facts. I recommend EconoFact’s
Debt-to-GDP under Trump 1.0 | Econbrowser
A reminder, so when next you hear about fiscal restraint. Figure 1: Debt held by the public as share of GDP (blue), and as share
Some Last Pictures: Trade War 2.0
Impact on a typical family: Source: Brendan Duke, CAP. From McKibben, Hogan, Noland (2024), cost to US economy from 10% tariffs, in GDP and inflation
The Employment Release: Downside Surprise, Signifying?
NFP +12K vs. consensus +106K, private NFP -28K vs. +90K; but wage growth (0.4% vs. 0.3% m/m) and average weekly hours both above (34.3 vs.
Puerto Rico under Trump | Econbrowser
A reminder. Economic indicators, excess fatalities. Figure 1: EDB of PR Economic Activity Index (black, left scale), nonfarm payroll employment, (blue, right scale), civilian employment
