- September 17, 2024
Steve Kamin: “The Fed Is (Nearly) the World’s Most Hawkish Central Bank”
From the article (published 9/10), two key graphs: So… …with inflation nearly down to target levels while signs of economic slowing mount, the Fed can
Greg Mankiw’s Blog: Thank you, Pingry
About Me Name: Greg Mankiw Location: United States I am the Robert M. Beren Professor of Economics at Harvard University. I use this blog to
I talk with Scott Cunningham
Name: Greg Mankiw Location: United States I am the Robert M. Beren Professor of Economics at Harvard University. I use this blog to keep in
Reminder: Wisconsin Exports under Trump
If you forgot what the trade landscape looked like — and how Trump’s policies impacted Wisconsin — here’s a picture of Wisconsin real exports during
A Puzzle: Private NFP and the Preliminary Benchmark vs. Current Official [updated]
The puzzle remains: despite an under-consensus 99K addition to private ADP-Stanford NFP (far below consensus 144K). ADP cumulative change above CES cumulative change, while preliminary
EJ Antoni/Heritage Foundation: “some suspect government statisticians are committing lies of omission.”
And could it be that Ancient Aliens helped build the Pyramids? Sure! EJ Antoni links to article noting Senators Roger Marshall (R-KS), Ted Budd (R-NC),
More on the Preliminary Benchmark in Context
Recall the preliminary benchmark deducted 818K from the March NFP reading. Figure 1: Level of nonfarm payroll employment from CES (blue), implied from CES preliminary benchmark
Economic Sentiment and Confidence in August
Conference Board’s Confidence Index exceeds consensus (103.3 > 100.9), with July index revised up. Here’re August readings for confidence, sentiment and news. Figure 1: University
Greg Mankiw’s Blog: Happy Birthday, Professor Smith
Adam Smith’s exact birth date is unknown, but it was sometime in June 1723. So, 300 years ago this month. I thought I should not
Greg Mankiw’s Blog: Crossing to Safety
I rarely read books for a second time, mainly because I am a slow reader and there are so many good books I haven’t yet
