July 23, 2017

Q2 GDP revised upward to 1.7%

Real final sales move up significantly. The scheduled interim report on Q2 GDP shows an upward … [Read more...]

Big miss in June manufacturing: Orders down 0.5%, shipments down 1.1%

"Unexpectedly!" Remember that initial estimate from Commerce of 1.5% annualized GDP growth rate for … [Read more...]

White House on GDP report: Hey, at least it wasn’t negative!

Always look on the bright side of life ... If you’re feeling in the dumps, don’t be … [Read more...]

White House on GDP report: Hey, at least it wasn’t negative!

Always look on the bright side of life ... If you’re feeling in the dumps, don’t be … [Read more...]

Breaking: Q2 GDP 1.5%; Update: 2011Q4 revised upward 1.1 points to 4.1%?

Slump accelerating? The decline in American production continued in the second quarter, according to … [Read more...]

Study shows Obama tax plan bad news for the economy — especially in blue states

Flunks the "do no harm" test. Two months ago, the Congressional Budget Office issued a stark warning … [Read more...]

Gloom: Q1 GDP final at 1.9%, jobless claims rise fall to 386K

Plus, why Romney has to be careful on the economy. Two big economic indicators got released by the … [Read more...]

How Do You Take Your Catastrophe? Um, just a little at a time, please… with two Splendas.

  We really are, in large part anyway, a nation of petty, self-absorbed, badly behaved … [Read more...]

How Do You Take Your Catastrophe? Um, just a little at a time, please… with two Splendas.

  We really are, in large part anyway, a nation of petty, self-absorbed, badly behaved … [Read more...]

CBO report: U.S. debt will be 2x GDP by 2037

Womp, womp. Le sigh. Yet another study pointing to imminent fiscal calamity, while Obama & … [Read more...]

Just a reminder: Capital is sitting on the sidelines because of …

... regulatory adventurism, among other ambiguities. Actually, this AP report might be out of date, … [Read more...]

Q1 GDP revised downward to 1.9%

Corporate profits have worst quarter in three years. The Commerce Department released its second … [Read more...]

Trade deficit jumped 14.1% in March

"Unexpectedly"! Looks like Goldman Sachs has the right perspective on first-quarter growth, although … [Read more...]

Debunking the latest from the New York Times on “smaller” government spending

Lies, damned lies, and statistics. The government is getting smaller under President Obama, … [Read more...]

30 Minutes of Talking: Has Housing or Our GDP Hit Bottom?

MINUTES OF TALKING (I understand that last week’s edition of 30 MINUTES OF TALKING had a few … [Read more...]

NPR: Maybe a slow economy is just what we need!

Your tax dollars at work. Old and busted: The economy is picking up steam under Obama and … [Read more...]

GDP drops to 2.2% in Q1

Trends. The US economy slowed in the first quarter of the year, dropping from the previous … [Read more...]

Durable goods orders drop 4.2% in March

Biggest drop in three years. We’re just a couple of days away from the Commerce Department Q1 … [Read more...]

We know they’re not evil, because they’re simply not smart enough to be evil.

  In Hollywood movies, we’ve been introduced to villains that have real game.  In the Harry Potter … [Read more...]

Sen. Sessions – ObamaCare adds $17 trillion, or 1.9% of GDP, to nation’s unfunded liabilities

Massive tax hikes or massive debt increase On Thursday, Sen. Jeff Sessions (R-AL), the ranking … [Read more...]

Sen. Sessions – ObamaCare adds $17 trillion, or 1.9% of GDP, to nation’s unfunded liabilities

Massive tax hikes or massive debt increase On Thursday, Sen. Jeff Sessions (R-AL), the ranking … [Read more...]

2011Q4 GDP final: 3.0%

Missing the mark? The final report on US economic activity in the fourth quarter of last year puts … [Read more...]

Revised Q4 GDP growth rate: 3.0%

Real final sales red flag still in effect. The Commerce Department issued its scheduled revision to … [Read more...]

Durable goods orders fall 4% in January

Worst report in three years. The first hint of this came in the 2011Q4 GDP report.  While the … [Read more...]

Who’s up for another trillion-dollar deficit?

CBO projects GDP growth of 2.0% in 2012, 1.1% in 2013. I assume the answer to that question is, … [Read more...]

The Hill poll: Majority says payroll tax holiday hasn’t benefited them

Plus, Republicans get edge on tax policy. Congress returned to Washington this month with an urgency … [Read more...]

Q4 GDP: 2.8%

Inventory expansion, not demand. The good news — the annualized GDP growth rate in the fourth … [Read more...]

November trade deficit rises 10.4% as exports fall

Highest since June. Wonder how we could have gotten stuck at a 2.0% GDP growth rate in Q4?  … [Read more...]

Final Q3 GDP revised down to 1.8%

Weekly jobless claims at 364K. The Obama administration released some bad news about the economy in … [Read more...]

Final Q3 GDP revised down to 1.8%

Weekly jobless claims at 364K. The Obama administration released some bad news about the economy in … [Read more...]

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