October 18, 2002
National Economic Trends

I cannot call John S. Irons "really smart" because he has not yet managed to use the word "ergodic" in a substantive sentence on his weblog.

Nevertheless, he gives good advice in telling everybody to study the St. Louis Fed's National Economic Trends.

ArgMax Economics Blog :: John S. Irons :: National Economic Trends

Interested in the US economy?

Bookmark National Economic Trends. Read this publication and all graphs at least once a month - it's good for you.

Posted by DeLong at October 18, 2002 01:51 PM | Trackback
Email this entry
Email a link to this entry to:


Your email address:


Message (optional):


Comments

I have taken away two things from scanning over the most recent St. Louis Fed report:

* unemployment is hard to detect because a lot of people are taking part-time (low paying) jobs which takes them out of survey numbers. the number of (non-agr) hours worked is still dipping though, and that's an important non-binary indicator of the extent of unemployment. part-time jobs are going to keep people off poverty (for a while) but won't help much with anemic demand.

* disinflation has already taken hold in the industrial sector.

I think the next key thing to watch is the effect of Lula's landslide election in Brazil on financial markets.

Posted by: Jean-Philippe Stijns on October 20, 2002 02:10 PM
Post a comment
Name:


Email Address:


URL:


Comments:


Remember info?