Number of the Week: Nice Place to Do Business, but Wouldn’t Want to Live There
The best states in which to do business aren't necessarily the best places to live, according to surveys of CEO sentiment and well being.
Fed Officials Expect Continued Growth, but Split on Jobs Progress
A trio of Federal Reserve officials said Thursday they expect growth to continue and inflation to stay low, although there were differences in how much progress they expect on the jobs front.
The wedges between productivity and median compensation growth
The wedges between productivity and median compensation growth By Lawrence Mishel | April 26, 2012 Issue Brief #330 View PDF Download PDF Press release Income inequality has grown over the last 30 years or more driven by three dynamics: rising inequality of labor income (wages and compensation), rising inequality of capital income, and an...
ECB meeting preview, door likely to be left ajar
The European Central Bank will meet on Thursday, and the broad consensus is for rates to remain on hold. After yesterday’s dismal Purchasing Manager Indices, the press conference...
Secondary Sources: Government Investment, Policy Uncertainty, Falling Oil
A roundup of economic news from around the Web.
Vital Signs: Falling Government Spending
Government consumption expenditures and investment fell by $51.7 billion to an annualized $2.462 trillion, the fifth consecutive quarter of year-on-year declines.
When Factories Close, the Pain Lasts for Decades
The more factories a place used to have, the less growth it enjoys -- even decades later, according to Chicago Fed research.
China in GDP shock
The China GDP figures change little in terms of the choose-your-own-adventure thing happening with China. Yes, the 8.1 per cent growth for Q1 was lower than consensus forecasts...
Lean Inventories Will Be Plus for Production
The inventory sector is often one of the last pieces that fits into the economic puzzle. That's in large part because the data are delayed [just like the trade deficit] and partly because consumer and business spending play greater roles in powering growth.
Lean Inventories Will Be Plus for Production
The inventory sector is often one of the last pieces that fits into the economic puzzle. That's in large part because the data are delayed [just like the trade deficit] and partly because consumer and business spending play greater roles in powering growth.
Fed Debates Economy’s Potential Growth
A debate emerged at the Federal Reserve about the U.S. economy's growth potential, according to minutes from the latest meeting.
Michael Pettis challenges The Economist, global economic bragging rights and sweet gig for Chinese band at stake
At the end of last year, The Economist predicted that Chinese GDP would surpass US GDP at market exchange rates in 2018. (Click table to enlarge)There’s always a touch...
