December 21, 2010 @ 2:21 pm | Leading Indicators |
No holiday from economic data this week. Wednesday brings what’s called the final revision of third quarter U.S. GDP growth estimates. (We’ll get the final, final figure in 2011.) The previous estimated came in at 2.5% growth, itself an increase from the first...
December 21, 2009 @ 6:33 pm | Breaking News |
Stocks and the U.S. dollar rallied today, December 21, on a belief that U.S. economic growth will be so strong in 2010 that even a Federal Reserve interest rate hike around mid-year won’t be enough to derail a recovery. Tomorrow the market gets a little dose of...
October 29, 2009 @ 1:35 pm | Leading Indicators |
U.S. GDP grew by 3.5% in the third quarter of 2009. That was a bigger increase from the third quarter of 2008 than the 3.2% that the majority of economists had been expecting. This marks the first time that the economy has grown after four straight quarters of...
October 16, 2009 @ 8:30 am | Breaking News, Leading Indicators, You May Have Missed |
Would we all be happier if economists measured happiness? I spent a lot of time thinking about that on a camping trip this weekend. (Hey, it was really cold and I had trouble sleeping.) My friend Pamela had set my thoughts down this track by saying “You know, I don’t...