Non-Essentials, and the Business Cycle
[ad_1] Torsten Slok provides this illuminating picture of discretionary spending (y/y), by category. A year ago, I wrote about how the lack
Diffusion – Geographic, Indicator | Econbrowser
[ad_1] Mark Zandi states that a third of the country is in recession. Here’re some alternative ways of measuring the weakness in the economy, first
Hamburgers for Me, But Not for Thee (Trump Hamburger Edition)
[ad_1] I was contemplating hamburger cookout over the Labor Day holiday. Prospects? Figure 1: PPI Wholesaling of Fresh Meat, Seafood, Dairy, and Fruits and Vegetables
Steve Cortez: “Antoni is … a serious, fact-driven economist with a record of rigorous analysis. “
[ad_1] From Daily Signal. Paragraph continues: He’s independent, principled, and fearless in saying what Washington insiders won’t. He has exposed a broken system of fake
Final Sales to Domestic Purchasers – Nowcasts and Tracking
[ad_1] Goldman Sachs says +0.3% q/q AR in Q3: Figure 1: Final sales to domestic purchasers (bold black), August Survey of Professional
Deputy Treasury Secretary Michael Faulkender Out
[ad_1] After only five months. From Politico: Faulkender, the deputy Treasury Secretary, oversees the agency’s operations and has a broad policy portfolio
EJ Antoni Tries to Estimate Crowding Out using 2SLS
[ad_1] Or at least the response of interest rates to deficits, controlling for investment and global saving. In Chapter 1 of Antoni’s dissertation, he estimates:
Is the Sensitivity of Muni Bond Rates to 10 Year Treasury 0.04?
[ad_1] That’s the implication of this table: Where the dependent variable is the state municipal bond interest rate proxied by dividing coupon payments by outstanding
Guest Contribution: “Monthly Household Income Estimates at the White House”
[ad_1] Today we present a guest post written by Matías Scaglione of the data science and economic consulting firm Motio Research. On August 7, 2025, Stephen
Bringing Prices Down: How’s It Going?
[ad_1] As promised by Donald Trump? “We’re going to have prices down- I think you’re going to see some pretty drastic price