ECONOMY

Industrial and Manufacturing Production, Real Retail Sales – Business Cycle Indicators

With industrial production, we have the following picture of series the NBER Business Cycle Dating Committee focuses on: Figure 1:

ECONOMY

Slowdown? Business Cycle Indicator Data as of Mid-June

With SPGMI’s monthly GDP, we have the following picture of series the NBER Business Cycle Dating Committee focuses on: Figure

ECONOMY

Macroeconomic Implications of Premature Escalation in LA

ICE raids are concentrated in blue states, including CA, NY. These states account for about 22% of national GDP, at

ECONOMY

Deport Dishwashers or Solve All Murders?

I understand being concerned about illegal immigration. I definitely understand being concerned about murder, rape, and robbery. What I don’t

ECONOMY

Is American Consumption too High?

The Economist asks the question, and says — in part — yes. Rebalancing the global economy is Donald Trump’s defining

ECONOMY

Greg Mankiw’s Blog: Stanley Fischer

About Me Name: Greg Mankiw Location: United States I am the Robert M. Beren Professor of Economics at Harvard University.

ECONOMY

Why LLMs make certain mistakes

Via Nabeel Qureshi, from Claude 4 Sonnet, from this tweet. The post Why LLMs make certain mistakes appeared first on

ECONOMY

Imports from China, Foretold | Econbrowser

More accurately, nowcasted using inbound container traffic. Two thirds of Chinese imports (by value) comes by sea freight. And sea

ECONOMY

You Can See the End of the Great Stagnation Everywhere but in the Productivity Statistics

Eli Dourado continues to keep his eye on the most important number in the world, total factor productivity. It continues

ECONOMY

Chinn-Ito Financial Openness Index Updated to 2022

Just published, Chinn-Ito index, available here. Normalized to [0,1], with 1 being most open, here’s the world. Here’re average values