Has GDP Growth Been Faster under Biden vs. than under Trump? Answer: Yes
[ad_1] I keep on hearing people like House Speaker Mike Johnson saying how growth under Trump was the fastest. Well, just comparing against the last
The Gutting of the US Dollar, According to Vladimir Putin
[ad_1] From EJ Antoni and Peter St. Onge channel Vladimir Putin (Feb 2024): America’s political establishment has less respect for the U.S. dollar than our
Federal Interest Payments: To the Public vs. To the Rest-of-Federal Government
[ad_1] Ode to an EJ Antoni graph (apologies to Keats). Total interest payments have risen substantially, and this shows up in a scary picture: Figure
Dollar Demise Predicted | Econbrowser
[ad_1] Joe Biden is dethroning King Dollar in real time. The US dollar’s financial dominance is under siege from a uniquely bad combination of foreign
It’s Almost as If Some People Were Rooting for Recession (Part 2)
[ad_1] “Latest Q3 Nowcasts: ATL 2.5% (2.0% prev) NY 2.49% (1.94 prev) STL 2.05% (1.65 prev) It’s going to take stellar consumer spending numbers for
Wisconsin Economic Sit-Rep | Econbrowser
[ad_1] DWD released employment numbers for September today. Figure 1: Wisconsin Nonfarm Payroll Employment (dark blue), Philadelphia Fed early benchmark for NFP (pink), Civilian Employment (tan),
Eric Hovde: In Recession | Econbrowser
[ad_1] Video today. 55% of Americans believe they are in a recession. Why? Because they have been in one. Most indicators suggest otherwise. Here are
Has American Economic Output Been in Decline since 2022?
[ad_1] This is the premise of a new paper by Peter St. Onge and EJ Antoni. I have been trying to find a deflator that
Big Mac Nation and Recession since 2022
[ad_1] In a recent paper, Antoni and St. Onge (2024) have argued that the peak in GDP, properly measured, was in 2021Q4. Source: Antoni and St. Onge
Mid-October Reading on Business Cycle Indicators – NBER BCDC and Alternatives
[ad_1] Industrial and manufacturing production below consensus (-0.3% m/m vs -0.1%, -0.4% vs -0.1%, respectively), while retail sales and core retail sales above consensus (+0.4%