Little Progress in Reducing US Carbon Emissions
There’s a game played about reducing US carbon emissions that I find annoying. It involves making a big deal about announcing timelines, but...
Economy back to growing | Econbrowser
The Bureau of Economic Analysis announced today that seasonally adjusted U.S. real GDP grew at a 3.0% annual rate in the second quarter....
Final Nowcast for Q2 | Econbrowser
Atlanta Fed nowcast incorporating advance economic indicators indicates 2.9% q/q AR, up from 2.4%. The news is in final sales to private domestic...
Forecasts: CEA >> IMF > WSJ
From IMF’s July World Economic Outlook, released today:
Figure 1: GDP (bold black), CBO current law projection of January (tan), implied CEA forecast using...
Global Trade Imbalances: An IMF Perspective
Global trade imbalances got bigger in 2024, driven by the big economies. Here’s a figure from the External Sector Report: Global Imbalances in...
A Quasi-Real Time Measure of the Average Effective Tariff Rate
The Yale Budget Lab regularly (’cause… Trump) updates the stated effective tariff rate. But what’s the actual effective tariff rate in effect given...
Conference Board: Economic Confidence Up (a Little)
The Conference Board today:
The Conference Board Consumer Confidence Index® improved by 2.0 points in July to 97.2 (1985=100), from 95.2 in June (revised up by...
