Where Is the Administration’s Economic Forecast? A Forensic Analysis
It’s usually in the Mid-Session Review, which comes out in July. But no table of forecasts is included this year (you can check–I...
Scary Picture? | Econbrowser
Some macro series. One observation does not make a trend – but still…
Figure 1: Monthly GDP (black), private nonfarm payroll employment-ADP (blue), civilian...
West Coast Port Traffic Down
Or at least Long Beach and LA:
Figure 1: Inbound loaded TEU’s at Long Beach and LA ports, n.s.a. (black, left scale), year-on-year growth...
Nowcasts of GDP and “Core GDP”
As of today, GDP nowcasts split, but final sales to private domestic purchasers (coined “Core GDP” by Furman) consensus is deceleration.
Figure 1: GDP,...
Signs of a Slowing Russian Economy: CBR Drops Rate 200 bp
Three weeks ago, Bofit remarks “Concerns emerge over Russia’s slowing growth”:
Rosstat this week affirmed its preliminary first-quarter GDP growth estimate of 1.4 %...
What Fed Funds Rate Does Trump Want?
Compared to Taylor rule, according the to the Atlanta Fed Taylor rule utility.
Figure 1: Fed funds implied by Taylor rule. 3 ppts below...
