Tag Archives: imports

April 2013 Sea Container Counts Are Still Contracting

Written by Steven Hansen For the second month in a row, both import and export container counts are contracting year-over-year – comparing same months in 2012 and 2013. Economically intuitive imports however are “less bad” (but are still growing year-to-date); … Continue reading

Posted in Transport, aa syndication | Tagged , , , , , , , | Leave a comment

Advance Estimate 1Q2013 GDP Is 2.5%

Written by Doug Short and Steven Hansen The advance estimate of first quarter 2013 Real Gross Domestic Product (GDP) is positive 2.5% – up from 0.2% in 4Q2012. The market expected the advance estimate 1Q2013 GDP at +2.8% to 3.2%. … Continue reading

Posted in GDP, aa syndication | Tagged , , , , , , , , , , | Leave a comment

Some New Estimates of Japanese Trade Elasticities

by Menzie Chinn, Econbrowser.com Appeared originally 11 April 2013 at Econbrowser.  Image below added by Econintersect. One component of Abenomics is a vigorously expansionary monetary policy. The yen has depreciated substantially as a consequence – as of February, about 20% … Continue reading

Posted in Japan, Trade Data | Tagged , , , , , , , , , | Leave a comment

Economic Warning Signals in March 2013 Sea Container Counts

Written by Steven Hansen Last month, container counts were showing a significant surge (in imports and exports) – suggesting that economic growth MAY actually be showing signs of life. What a difference one month makes. Economically intuitive imports have collapsed … Continue reading

Posted in Transport, aa syndication | Tagged , , , , , , , | Leave a comment

Third Estimate 4Q2012 GDP Is Economic Expansion of 0.4%, Corporate Profits Up

Written by Doug Short and Steven Hansen The third estimate of fourth quarter 2013 Real Gross Domestic Product (GDP) is now a positive 0.4%. The market expected the third estimate 4Q2012 GDP at +0.3%. If one wants to pick a … Continue reading

Posted in GDP, aa syndication | Tagged , , , , , , , , , , , | 1 Comment

A Blowout in February 2013 Sea Container Counts

Written by Steven Hansen February container counts are showing a significant surge in imports and exports – suggesting that economic growth MAY actually be showing signs of life. There is little question that imports and exports in cumulative were “more … Continue reading

Posted in Transport, aa syndication | Tagged , , , , , , , | Leave a comment

Second Estimate 4Q2012 GDP Is Economic Expansion of 0.1%

Written by Doug Short and Steven Hansen The second estimate of fourth quarter 2013 Real Gross Domestic Product (GDP) is now a positive 0.1%. The market expected the second estimate 4Q2012 GDP at +0.1% to 0.5%. If one wants to … Continue reading

Posted in GDP, aa syndication | Tagged , , , , , , , , , , , | Leave a comment

January 2013 Sea Container Counts Still Show Slow Growing Economy

Written by Steven Hansen This January 2013 container data is the first clean month of data following a strike in late November and early December 2012. And the data shows marginal year-over-year export growth, and import year-over-year growth at over … Continue reading

Posted in Transport, aa syndication | Tagged , , , , , , , | Leave a comment

Advance Estimate 4Q2012 GDP Is Economic Contraction of 0.1%

Written by Doug Short and Steven Hansen The advance estimate of fourth quarter 2013 Real Gross Domestic Product (GDP) is negative 0.1%. The market expected the advance estimate 4Q2012 GDP at +0.1% to 1.0%. Government spending and exports contracted, but … Continue reading

Posted in GDP, aa syndication | Tagged , , , , , , , , , , | Leave a comment

Stratfor: UK Moving Away from the European Union?

By George Friedman, Stratfor Founder and Chief Executive Officer British Prime Minister David Cameron will deliver a speech in London on Jan. 23, during which he will discuss the future of the United Kingdom’s relationship with the European Union. Excerpts … Continue reading

Posted in Eurozone, UK, aa syndication, macroeconomics | Tagged , , , , , , , , | 8 Comments

December 2012 Sea Container Counts Foretell Slow Growing Economy

Written by Steven Hansen This month’s container data is tainted as the busiest ports in the USA (Port of Long Beach and the Port of Los Angeles) were on strike between 27 November and 04 December. Although the ports were … Continue reading

Posted in Transport, aa syndication | Tagged , , , , , , , | Leave a comment

Old People Distorting Understanding Of the Employment Situation

Written by Steven Hansen Ask 10 people what is the definition of unemployment, and you will get 10 different answers.  The tragedy is that it is likely no person’s definition will match the definition used in the creation of the … Continue reading

Posted in Employment, Weekly Economic Summary, aa syndication | Tagged , , , , , , , , | Leave a comment

Student Loans Destroying Consumption

Written by Steven Hansen Over the long Christmas Holiday weekend, The New York Times published For Poor, Leap to College Often Ends in a Hard Fall.  The post is a anecdotal essay correlating being poor and the inability of those … Continue reading

Posted in Consumer Credit, Weekly Economic Summary, aa syndication | Tagged , , , , , , , , , , , | 8 Comments

China and the US: What the Future Holds

by Elliott Morss, Morss Global Finance Introduction Matthew Nimetz, an eminent scholar, lawyer, venture capital executive, and former senior US/UN diplomat, recently presented a thought-provoking paper at a joint meeting the National Committee on American Foreign Policy and the China … Continue reading

Posted in Business News and Analysis, China, Trade Data, macroeconomics | Tagged , , , , , , , , | Leave a comment

Productivity is Bad: The Economy Follows

Written by Steven Hansen Pundits seem to comment on elements outside their comfort zone (areas of real expertise). Everyone is guilty from time-to-time. I know my comfort zones, and one is in labor and labor dynamics which formerly was the … Continue reading

Posted in Employment, Weekly Economic Summary, aa syndication | Tagged , , , , , , , , , | 2 Comments