AP: “Trump begins firings of FAA air traffic control staff just weeks after fatal DC plane crash”
[ad_1] Article here. When I read this, I’m reminded: In 2015, during the Obama administration, a new safety rule was adopted requiring electronically controlled pneumatic
The Russian Economy: How Many Contingent Liabilities?
[ad_1] It seems like a funny question to ask given Russian government debt to GDP isn’t that large. Craig Kennedy argues that taking into account
A Trade War Interpreted in a Blanchard IS-LM Model
[ad_1] I was promised an all-out trade war by Trump, and all I got was a lousy 10% tariff on China, and promises of a
Economists, Some Consumers, Believe Y/Y Inflation Will Rise
[ad_1] Michigan Survey of Consumers and yesterday’s release of the Survey of Professional Forecasters agree. Figure 1: Actual CPI inflation (black), Michigan survey (red), NY
Who Gave this Guy a Economics Ph.D. (cont’d)?
[ad_1] Remember when EJ Antoni posted in X post this graph: Well, I think a lot of the puzzle has been resolved with new population controls,
NBER BCDC and Alternative Business Cycle Indicators for January
[ad_1] In the first set, industrial production continues to rise (as did employment). In the second set, while civilian employment and civilian employment adjusted to
Manufacturing Productivity When Tariffs Last Bloomed
[ad_1] Going to be some outrageously crazy arguments about the merits of tariffs coming. Just to remind people, higher measured productivity is not one of
Food Prices – CPI (at home), PPI
[ad_1] Not apparently going down: Figure 1: CPI-food at home (blue), PPI-food (tan), both in logs 2021M01=0. Source: BLS, and author’s calculations. Since the Mexican
Inflation Surprises Illustrated | Econbrowser
[ad_1] For CPI and PPI vis a vis Bloomberg consensus: Figure 1: Month-on-Month (non-annualized) inflation for headline CPI (blue), core CPI (tan), headline PPI (green),
Eggs Retail up 18%, PPI 32% Month-on-Month(!)
[ad_1] PPI figure on seasonally adjusted by author data. NSA m/m change is 36.5% (log differences). i Figure 1: Top panel – Consumer Price of Dozen