Written by Steven Hansen Our March 2014 Economic Forecast continues to show a growing economy – but the rate of growth now is declining. Many portions of our economic model are showing expansion, but several are now contracting. There may be a weather component involved in some of the data.
Written by Steven Hansen The economy appears to be decelerating. Consider that the advance estimate 4Q2013 GDP was 3.2% growth while GDP growth in the previous quarter (3Q2013) was 4.1%. Currently the headlines of components used to compile 1Q2014 GDP are not pretty.
Written by Steven Hansen Late last week the consumer credit report for December 2013 was issued by the Federal Reserve. I am beginning to wonder if the consumer is not getting drunk again on credit.
Written by Steven Hansen There have been several posts recently in cyberspace talking about the disproportionate growth of corporate earnings to the earnings of our Joe Sixpack.
Written by Steven Hansen My weekly post is a break from my daily analysis of the economic data that streams from the various government agencies and private industries. I use this space to expand upon what I have seen or comment on an economic misconception or even explore a new topic. I believe everything is …