Alternative Estimates of Output | Econbrowser
GDP is a measure of output from the spending side. A standard alternative measure is Gross Domestic Output (GDO), the average of GDP...
US Holders of Foreign Assets, Foreign Holders of US Assets, and Exorbitant Privilege
US investors put money in assets of other countries, including “portfolio investment” which focuses on ownership of stocks and bonds without a management...
A Closer Look at Employment
Transportation and warehousing boomed. Federal government workers on leave, taking buyouts not included yet (per convention).
Figure 1: Cumulative log change since September 2024...
Employment and Business Cycle Indicators
Continued growth apparent, although NFP employment pertains to first half of April.
Figure 1: Nonfarm Payroll incl benchmark revision employment from CES (bold blue), implied...
