This week, the economic summary article was published in the Opinion Blog, and is titled USA Trade Deficit Exports 1.3 million Jobs
Weekly Economic Release Scorecard:
Item | Headline | Analysis |
Philly Fed Business Survey | Down Slightly | Big jump in new orders and backlog |
Existing Home Sales | Up MoM | Down YoY, Inventories up YoY, home prices remain relatively flat |
New Residential Construction | Up 16.7% MoM | The data is an improvement on terrible |
Oil Shocks and Economic Recessions | Correlates oil prices to USA recessions | |
Empire State Manufacturing Survey | Up slightly | Still showing manufacturing expanding |
Sea Container Counts | Up 16% YoY | Record exports but import’s improvements were larger |
Inflation Rates | Comparing Shadowstat’s data to the CPI | |
China and the Trade Gap | Is trade war looming? | |
J P Morgan | Dragons, Haircuts and the Doomsday Machine | |
Consumer Sentiment | Consumer and small business sentiment remains at or near levels associated with the bottoms of other recent recessions | |
Opinion: Global Economic Chaos 2011 | Societies on the edge of socio-economic break-up | |
Opinion: China | Trying to guess China’s direction and policy responses | |
Opinion: Belgium | Will the seat of the EU leave the Union? | |
Opinion: 2011 | Cautiously optimistic on the U.S. and global economy | |
Opinion: Federal Reserve | What would it have been like if the Federal Reserve was not created. |